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Moscow should confiscation of the west assets over “theft” of Russian money: deputy

by John Pierce
July 3, 2023
in Business
2 min read
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Russia should confiscate property Owned by Westerners in In response to US President Joe Biden’s proposal to move the frozen assets of Russia’s elite of Ukraine, Russia the most senior The legislator said on Sunday.

Biden on I went up on Thursday up support for Ukraine asks Congress for 33 billion dollars help Kyivand for allow The United States to seize more assets Owned by Russian oligarchs and give Ukraine revenue.

State Duma Speaker Vyacheslav Volodin said that luxury yachts and villas of Russian oligarchs did not help Russia development But it seems that the West is involved in basic “theft. “

“It is right to take opposite actions towards companies in Russia whose owners come from unfriendly countries Where these actions have been taken: confiscate these assetsvolodin, who He often expresses the views of the Kremlin, he wrote on His channel on Telegram.

Sale proceeds should Uses for The development of He said, “A dangerous precedent has arisen: she should hit the states like Boomerang, “Hu added.

Russia February 24 invasion of Ukraine prompted the United States and its allies to impose the most severe sanctions in modern history on Russia and Moscow business elite, steps President Vladimir Putin is considered an advertisement of Economic war.

Putin has repeatedly warned that Moscow will respond in Nice, although the Kremlin’s toughest economic response to date has been the cut off Gas supplies to Poland, Bulgaria and demand a new Payment scheme for European buyers of Gas.

After the West imposed sanctions on Russia 1.8 trillion dollars economy directed, addressed for The biggest contraction since the years after the fall of 1991 of Soviet Union amid high inflation.

big transfer of Russian assets It began, as the Russian state earns more Effect over The economymany large Western investors – such as energy giants BP and Shell – out, oligarchs try to restructure business empires.

Since many Western owners either sold their stakes in Russia or closed their businesses, this was not immediately the case. clear any determinant assets in Russia may be under threat.

Russia proposed the status of companies that have left Russia in the foreign administration, Putin said that Russia will now look eastward to China and others countries After what he described as the treachery of the West.

Single Volodin out Lithuania, Latvia, Poland and the United States countries who was engaged in The “theft” of Russian assets.

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