The Federation Council proposed to freeze the assets of businessmen who left Russia

The Federation Council proposed to freeze the assets of businessmen who left Russia

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Andrey Kutepov, head of the Federation Council Committee on Economic Policy, will send a letter today, November 17, to Deputy Prime Minister Dmitry Grigorenko with a proposal to freeze the assets of those Russian entrepreneurs and heads of state corporations who left the country after the start of the special operation in Ukraine. About this with reference to a letter from Kutepov informed TASS.

“Against the background of actions taken by unfriendly countries to identify the assets (including property) of Russian billionaires in the territories of these states, arrests of such assets (freezing), we believe that it is necessary to consider the application of similar measures in relation to such persons who left the Russian Federation from February 24, and even more so to those persons who have renounced Russian citizenship, ”the document says.

In addition, Kutepov also suggested considering the possibility of directing dividends “and other payments” of these citizens “to a target account for financing the SVO.” The senator also allowed the transfer of income from the management of property and assets of unprofitable state corporations to the budget of these organizations in order to cover their losses. According to him, it would be advisable to ban transactions with the assets and property of entrepreneurs who left the country remaining in Russia, as well as to levy a tax of 30-50% of the transaction amount if it was made after February 24.

Kutepov also proposed using the assets of foreign investors from unfriendly countries frozen in Russia in the restoration of the Crimean bridge, as well as public utilities and road infrastructure in the special operation zone.

15 November Deputy Chairman of the Security Council of the Russian Federation Dmitry Medvedev informedthat in the event of the confiscation of Russian foreign assets, Russia will have to withdraw the funds and property of investors from the countries that have taken these measures. According to him, such assets in Russia “by a happy coincidence” will be accumulated in the amount of more than $300 billion and this will be enough to compensate for the damage to Russia.

This statement was made by the Deputy Chairman of the Security Council the day after the UN General Assembly accepted draft resolution, according to which Russia will need to compensate for the damage to Ukraine. To this end, the authors of the draft resolution propose to create an international mechanism and establish an international registry for registering evidence of “damage, loss or harm caused to all interested individuals and legal entities, as well as to the state of Ukraine.”

Press Secretary of the President of the Russian Federation Dmitry Peskov named resolution as an attempt to “complete the robbery” of Russia’s blocked reserves. The Permanent Mission of the Russian Federation to the UN called this document “legally void.”

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