Lavrov: confiscation of only profits from Russian assets in the West will be theft

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The discussed option of confiscating only income from Russian assets frozen in the West, if implemented, will still turn out to be theft, Russian Foreign Minister Sergei Lavrov said at a press conference following the diplomatic forum in Antalya, Turkey.

“They come up with (in the West – approx. REN TV) various modifications of theft, if I say so, to be honest”said Lavrov.

According to him, Russian assets are circulating in Western banks, and profits are being made on them. The head of the Russian Foreign Ministry noted that the West wants to take this profit, but it will still turn out to be theft.

Bloomberg: Germany, France and the ECB fear Russia's response to asset confiscation

The head of the Federation Council Committee on Constitutional Legislation and State Construction, Andrei Klishas, ​​previously noted that the West will sooner or later have to return all frozen Russian assets. The actions of these countries seriously violate the 2004 UN convention. The official representative of the President of the Russian Federation, Dmitry Peskov, promised to respond to the taking of money from Russians and their transfer to Kyiv.

Back in October 2023, Zakharova stated that Moscow would take action if the EU decided to confiscate Russian money. She noted that the West’s behavior in this case should be regarded as theft, and the implementation of the plan “will bury the reputation of the European Union.”

Russian President Vladimir Putin, speaking at SPIEF 2023, also called the freezing of foreign accounts of Russian businessmen robbery and the Middle Ages.

On February 28, European Commission President Ursula von der Leyen said that EU countries should begin discussing the possibilities of using proceeds from frozen Russian assets to purchase weapons for the Kyiv regime. Later, French Minister of Economy and Finance Bruno Le Maire admitted that the European Union does not have any legal grounds for confiscating Russia’s frozen assets.

Source: Ren TV

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