https://en.sputniknews.africa/20240502/west-freezing-300bln-in-russian-assets-largest-theft-in-history-russias-imf-envoy-says-1066328113.html
West Freezing $300Bln in Russian Assets 'Largest Theft in History,' Russia's IMF Envoy Says
West Freezing $300Bln in Russian Assets 'Largest Theft in History,' Russia's IMF Envoy Says
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WASHINGTON (Sputnik) - In late April, the US House of Representatives passed legislation to provide aid to Ukraine, Israel, Taiwan, as well as to transfer... 02.05.2024, Sputnik Africa
2024-05-02T09:31+0200
2024-05-02T09:31+0200
2024-05-02T11:24+0200
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The Western countries' move to freeze more than $300 billion in Russian assets has become the "largest theft in history," International Monetary Fund (IMF) Executive Director for Russia Aleksei Mozhin told Sputnik. Iran, Venezuela and Afghanistan also faced similar actions by the collective West, however, there has never been a theft of $300 billion before, he said. Mozhin pointed out that the entire world is monitoring the situation, which represents an unambiguous signal that anybody else could be treated in exactly the same way. The collective West is now proposing to issue bonds for 30 years, secured by the stolen Russian assets, and allegedly provide funds to Ukraine on the earned income from them, Mozhin said.
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international, russia, ukraine, west, international monetary fund (imf), house of representatives, sanctions, us sanctions
international, russia, ukraine, west, international monetary fund (imf), house of representatives, sanctions, us sanctions
West Freezing $300Bln in Russian Assets 'Largest Theft in History,' Russia's IMF Envoy Says
09:31 02.05.2024 (Updated: 11:24 02.05.2024) WASHINGTON (Sputnik) - In late April, the US House of Representatives passed legislation to provide aid to Ukraine, Israel, Taiwan, as well as to transfer frozen Russian sovereign assets to Ukraine.
The Western countries' move to freeze more than $300 billion in Russian assets has become the "largest theft in history," International Monetary Fund (IMF) Executive Director for Russia Aleksei Mozhin told Sputnik.
"Our reserves were stolen and this is the largest theft in history," Mozhin said.
Iran, Venezuela and Afghanistan also faced similar actions by the
collective West, however, there has never been a theft of $300 billion before, he said.
Mozhin pointed out that the entire world is monitoring the situation, which represents an unambiguous signal that anybody else could be treated in exactly the same way.
The collective West
is now proposing to issue bonds for 30 years, secured by the stolen Russian assets, and allegedly provide funds to Ukraine on the earned income from them, Mozhin said.
"They propose that assets not be returned to Russia for 30 years and that income from them should be appropriated," Mozhin added.
