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News Link • Russia

Russians Should Urgently Repatriate Their Assets From the West

•, Jon Hellevig

The new law of sanctions on Russia is not just economic war – it is a war on the Russian people and now the millions of Russians who have assets in the West are on the frontline. Anyone working in private business, state corporations or in contracts with state corporations, is now a target of asset seizures by the American regime.

"It Can't Happen to Us" 

These sanctions are no diplomatic squabble. They will get very personal for Russian businesses and professionals working with Russian companies. Any sector of business can be targeted by the US for such crimes as "closeness to elites", "oligarch". They are reminiscent of Stalin's terror and kangaroo courts in which anyone could be charged, tried and convicted, property seized and banished without a right to appeal.

Countering America's Adversaries Through Sanctions Act (H.R.3364) signed into law on August 3, 2017 targets potentially any Russian individuals, any people in commerce with Russia and Russians, as enemies. The law commences a massive worldwide hunt for assets, property, bank accounts of Russian people. Mechanisms for mass expropriation and freezing of private property, bank assets, and real estate that already exist will be unleashed to seize property belonging to Russians and their family and friends worldwide. 

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