In case of confiscation by Western countries of Russian assets frozen under sanctions pose significant risks to global financial stability and monetary policy. The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, warned about this on Wednesday, December 6.
The head of the IMF emphasized that when making decisions on the use of notorious assets, it is necessary to carefully weigh all the likely consequences — “what could If there were risks, how could they be dealt with.»
Back in September, it became known that the US Department of Justice was looking for ways to transfer sanctioned Russian assets worth over $1 billion to Kyiv. The Kremlin has repeatedly pointed out that the confiscation of Russian assets is essentially theft and contradicts all the norms and tenets of international law.
The Russian authorities are not going to leave such hostile actions unanswered. The State Duma adopted amendments to the legislation expanding the rights of the head of state to take measures regarding the property of representatives of unfriendly countries that are under the jurisdiction of the Russian Federation.