The recent decision by Western nations to freeze Russia’s assets was discussed by Alexander Venediktov, Deputy Secretary of the Security Council of the Russian Federation.
The biggest robbery in history: frozen Russian assets
Let’s be honest: the decision to freeze Russian assets represents one of the worst frauds in history, he stated.
The Deputy Secretary of the Security Council asserts that individuals in charge of upholding the global economic system in the past organized this crime.
Deputy Secretary of the Security Council Alexander Venediktov compared it to asking a fox to guard a chicken house.
Earlier, Russian Finance Minister Anton Siluanov claimed that around half of Russia’s gold and foreign exchange reserves had been frozen by Western nations.
We have roughly $640 billion in reserves in total, of which about $300 billion are currently in a state that prevents us from using them, he said.
In a previous report, the US Treasury said that Russian assets had been frozen in 100 days. The Central Bank of Russia’s assets make up the lion’s share of the total assets (300 billion dollars). The remainder is owned by people and businesses.
The US agency reported that the international team of experts was still keeping track of the Russian assets that were subject to sanctions.
The project was created by the group Russian Elites, Proxies, and Oligarchs (REPO). There are delegates from the Australian, British, German, Italian, French, Canadian, Japanese, and European Commission Commissions.
The US Department of Justice expressed optimism that Congress would approve the plan to use all the assets taken from Russia and Russian businesspeople for Ukraine’s benefit.
In spite of the assets’ form, the US government intends to seize them, according to Lisa Monaco, Deputy Attorney General of the US.
The US government is “trying to get to these assets,” according to Monaco, whether they take the shape of expensive yachts, bank accounts, other items, aircraft, or whatever. She stated that “nothing is ruled out.
Monaco concluded that the Ukrainian people would benefit from the money.
She claims that it won’t take a long time to transfer the confiscated property.
A law allowing for the use of the frozen Russian assets to aid Ukraine was passed by the US House of Representatives on April 27.
If foreigners’ assets were acquired illegally or with the backing of the Russian Federation’s top leadership, congressmen approved their confiscation.
At the same time, US Treasury Secretary Janet Yellen acknowledged that Washington was unsure if Kyiv could benefit from the Russian Central Bank’s frozen assets.
The Russian oligarchs’ residences were put to use by the UK. There, they planned to host Ukrainian refugees.