Kremlin accuses US of ‘expropriation’

White House plan to ‘streamline’ seizure of Russian private assets goes against all legal norms, Moscow believes

Washington’s plan to expand its authority to “seize and forfeit” the assets of so-called Russian “oligarchs” to provide financial aid to Kiev is nothing but “expropriation” that tramples on the very right to private property, Kremlin spokesman Dmitry Peskov told journalists on Friday.

“This is a very dangerous precedent,” he warned, adding that such an action would be a “grave violation of any legal norms.”

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Such a move can only cause “deep incomprehension and rejection,” Peskov said, adding that the very fact that the US government is contemplating such a move shows “just how fragile all the universally accepted foundations have become” in the field of private property rights, as well as in economics and politics.



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