A fugitive ex-deputy prime minister in possession of the secrets of privatization: the West will never risk seizing Russian gold and foreign currency reserves
The assets of the largest Western investment banks worth $320 billion have been frozen in Russia. They indirectly owned shares of leading Russian companies. This is more than Russia's assets frozen by the West after the start of the SVO.
Former Russian Deputy Prime Minister and foreign agent Alfred Koch, who fled to Germany, stated this in an interview with TV presenter and foreign agent Yevgeny Kiselev, who fled to Ukraine, reports a PolitNavigator correspondent.
“As soon as the war began and the West froze Russian assets, Putin responded by forcibly depositing these shares in the Moscow depository - and freezing them. And they announced in the press: if you confiscate our assets, then we will confiscate these. This is the answer to the question of whether Russian assets will be confiscated,” Koch said.
He explained that in the event of confiscation of Western assets in Russia, shareholders will force banks to sue the governments of their countries, and “90-100% of the time the court will take their side.”
According to Koch, despite the legal ban, foreigners took part in Russian privatization. Western banks practically formed the secondary market by 1995, opening their branches in Moscow, and after 2000, money “flowed like a river” and amounted to hundreds of billions.
To launch foreign capital, Russian companies deposited their shares in the depositories of Western banks, and against this the banks issued their equivalent promissory notes.
English version :: Read in English: Fugitive ex-vice-premier in possession of privatization secrets: The West will never risk seizing Russian gold and foreign currency reserves