Russia declares to prosecute individuals in asset freezes

Châu Anh |

The Kremlin issued a strong warning that all individuals and organizations involved in the seizure of Russian assets will face legal costs.

On December 19, according to information from Russia, the Moscow government officially raised the warning level regarding the fate of the frozen national asset at home.

In the latest move to protect its legitimate rights, Kremlin spokesman Dmitry Peskov affirmed that the seizure of Russian assets will leave serious and lasting legal consequences for all parties involved.

The biggest difference in this statement is the change in the scope of responsible subjects. Instead of just giving a general warning about diplomatic relations between countries, Mr. Peskov emphasized that Moscow will proceed to assign specific responsibility to each individual.

This list includes senior leaders involved in making collective decisions, those who sign individual decisions, and even subordinates directly performing asset transfer orders.

The Kremlin representative said Russia's stance was extremely consistent and determined, accordingly, any act of property appropriation would never be allowed to fall into forgetfulness.

Moscow has pledged to activate its entire existing international legal mechanism to file lawsuits and claim compensation. This signals the prospect of those involved facing complicated and prolonged litigations.

International observers say this message is a deterrent and causes great psychological pressure. The most affected subjects are not only politicians but also technical staff, banking specialists and personnel at Western financial institutions. They are those who execute orders but now face personal legal risks when being sued by a country.

The announcement comes as Western countries are actively discussing the building of a legal corridor to seize or use profits from Russia's frozen assets to support Ukraine.

However, with the latest warning, Moscow is sending a clear signal that this will be the opening of a global legal battle to reclaim ownership of assets.

Châu Anh
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