Assets of “enemy countries”: Moscow plans retaliation in case of confiscation

assets of “enemy countries”
Moscow plans retaliation for confiscations

The United States wants to use the proceeds of confiscated Russian assets to support Ukraine. This prompted Russian parliament speaker Volodin to launch a counterattack. Russia is ready to confiscate the assets of “enemy countries” and use them for the development of their own country.

Russia says it plans to confiscate assets of companies from “enemy” countries. Speaker of Parliament Vyacheslav Volodin wrote in the Telegram online service that this was a possible reaction to the announcement by the United States that it would transfer the confiscated assets of Russian oligarchs to Ukraine .

The money raised through the eventual sale of the assets should benefit the development of Russia. “The proceeds from the sale should be used for the development of our country,” he said. US President Joe Biden announced on Thursday his intention to transfer assets confiscated from Russian oligarchs to Ukraine. The money should be transferred to Ukraine to partially compensate “the suffering caused by Russia” and the damage caused.

With this announcement, the United States had “set a dangerous precedent that could come back to the United States”, Volodin said. It was “right to take countermeasures and confiscate the assets”.

accused of theft

These are “companies based on Russian territory whose owners are citizens of enemy countries” in which the confiscation decision was taken. Volodin accused “a number of enemy countries – Lithuania, Poland and even the United States” of “pure theft”.

Volodin recently announced claims for damages from Europe due to the sanctions imposed on Russia. He called the sanctions “unlawful”. “We will come back to the subject and calculate the damage you have caused to our economy. You will have to replace it in any case,” he threatened. The 58-year-old is one of Russian President Vladimir Putin’s confidants and is considered by Kremlin critics to be one of the most corrupt representatives of the Russian power apparatus. Since the war against Ukraine ordered by Putin on February 24, Volodin has made a name for himself as an agitator of Russian politics.

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