Russian court orders asset seizures for 2 major German banks – DW

https://www.dw.com/en/russian-court-orders-asset-seizures-for-2-major-german-banks/a-69121815

by Pilast

15 comments

  1. And this, my friends, is why Russia has received no FDI since February 2022. “We’re not isolated, those are just Western lies”, lol.

  2. Take every single red cent Muscovites have deposited in every single Western bank today!

    Kremlin must be destroyed and its’ foundations razed.

  3. Those Bankers shouldn’t have invested their money into hostile countries.

  4. 238 million from Deutsche and 97 million from Commerzbank. Yet another “news” story that makes it seem worth than it is. This is a rounding error for those houses

  5. The Merkel strategy with Russia really proved to be a phenomenal failure. And I’m saying this as someone who actually quite liked and admired her.

  6. They kind of deserve it for breaking the russian sanctions. The only unfortunate thing is that Russia receives the money.

  8. This just tells every investor who still has business and/or money in Russia (why even do that, hmmm?) that whatever is on the other side of the Russian border is up for grabs for Putin.

    ‘but, but my lawyers tell me i’m in my right and putin can’t do that, right? …right?’

    He just did. And your company is next. Pull out, cut your losses. The russian market turned sour.

  9. To any western company still operating in Russia: now it is time to get out. It might even be too late because Putin is on a steal/revenge rampage over frozen Russian assets in the west.

  10. I guess two can play “confiscate their assets” game.

  12. Everyone who wasn’t able to withdraw their assets during 10 years deserves loosing it.

  13. The only answer to this story is: great news. There are still a lot of companies that should be sanction from the western world for doing business in russia:

    – Philip Morris
    – Leroy Merlin
    – PEPSI…

    [https://leave-russia.org/staying-companies](https://leave-russia.org/staying-companies)

  14. And we are still considering if we should yes or not give frozen assets to Ukraine

  15. Great initiative. Russia should do this even more since “our side” is still dragging their feet about leaving Russia.

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