Putin urges restraint in state seizure of assets

Thursday, April 25th 2024, 2:35:08 pm
article
Russian President Vladimir Putin has reminded prosecutors that seizing assets and turning them over to state ownership is only justified in cases where failing to act might jeopardise Russia's national security. Many assets in Russia have changed hands in the last two years. Hundreds of foreign companies left Russia after Moscow sent its troops into Ukraine in February 2022, in some cases selling cheaply to local management.
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