Volodin called for the confiscation of business assets from unfriendly countries

Vladimir Potanin, a businessman and HEAD of Norilsk Nickel, was categorically against the confiscation of foreign property. According to him,

The adoption in the United States of a law on the transfer of frozen Russian assets to Ukraine is a “dangerous precedent”, in response to the actions of the West, it would be right to confiscate assets in RUSSIA from businesses from unfriendly countries, State Duma Chairman Vyacheslav Volodin wrote on his TELEGRAM channel.

In his opinion, the adoption by the US House of Representatives of a law on the possibility of transferring frozen Russian assets to Ukraine will not affect the Russian economy in any way, since “the seized yachts, villas and other property of wealthy citizens did not work for its development anyway.”

According to Volodin, in Russia they act in a civilized manner in relation to foreign companies that want to leave the market. Their shares are bought out by Russian entrepreneurs. At the same time, he believes, the actions of a number of unfriendly countries, for example, Lithuania, Latvia, Poland and the United States, which, in his opinion, “are engaged in theft,” cannot be called in a similar way.

“In this regard, it is right with respect to a business located on the territory of the Russian Federation, whose owners are from unfriendly countries where such decisions are made, to respond with mirror measures: to confiscate these assets,” Volodin wrote.

He also proposed to direct the proceeds from foreign assets to the development of Russia.

Vladimir Potanin, a businessman and head of Norilsk Nickel, spoke out against the "nationalization and expropriation" of foreign assets in Russia earlier in an interview with RBC. He saw signs of a "racket" in this and said that under such a scenario, Russia would return to 1917.

The idea to nationalize the property of foreign companies that decided to leave Russia was voiced by the United Russia party. This was opposed by the head of the Federation Council Valentina Matvienko, noting that it is too early to draw conclusions.

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Russia appreciated Biden's initiative to seize the assets of Russian businessmen Politics

On April 27, the majority of members of the US House of Representatives voted for the adoption of the law "On the seizure of assets for the restoration of Ukraine." As The Hill wrote, it is non-binding and calls on US President Joe Biden to seize, confiscate and sell the assets of individuals associated with Russia and use them "for the benefit of the people of Ukraine." The law was supported by 417 members of the House of Representatives, four Democrats and four Republicans voted against.

After the start of the special operation in Ukraine, the US and the EU announced a decision to freeze the assets and reserves of the Central Bank. Later, Finance Minister Anton Siluanov said that Russia had lost access to $300 billion out of almost $640 billion in total reserves. Large Russian businessmen also fell under Western sanctions, whose yachts, villas and other property began to be arrested throughout Europe.

Press Secretary of the President of Russia Dmitry Peskov called such actions of Western countries "banditry at the international level."

In early March, the first deputy head of the Ministry of Economy of Ukraine, Denis Kudin, said that Kyiv, together with Western partners, was discussing a mechanism for confiscating $ 415 billion in reserves of the Russian Central Bank. At the end of April, Ukrainian Prime Minister Denys Shmyhal confirmed that negotiations on this topic were underway.

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