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Medvedev targets expropriation of foreign assets as response to confiscation of Russian assets

Daniel Stewart

2022-11-15
File
File – Former Russian President and current Deputy Chairman of the Security Council Dmitry Medvedev (L) with Russian President Vladimir Putin (R). – ALEKSEY NIKOLSKYI/KREMLIN POOL / ZUMA PRESS / CONT

Former Russian President and current Deputy Chairman of the Security Council Dmitry Medvedev has hinted at the possibility of Moscow expropriating the assets of anti-Russian countries as a response to the confiscation of Russian assets abroad.

The Russian representative has remarked that Moscow «will have no choice» but to seize foreign assets if it finds that other international powers have moved in these terms against Russian property.

«It will be necessary to irrevocably withdraw the money and property of private investors from such countries, even if they are not responsible for the nonsense of their governments,» Medvedev said Tuesday on his Telegram channel.

The former Russian president between 2008 and 2012 has put at «just over $300 billion» foreign assets on national territory, an amount that, he says, would be «enough to compensate for what they stole from Russia.» «A happy coincidence,» he has ironized.

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