Bloomberg: ten Western lawyers recognized the legality of the confiscation of Russian assets
2/22/2024, 6:01:45 AM
Highlights: Ten Western legal experts from Belgium, France, Germany, Japan, the Netherlands, Great Britain and the United States found the confiscation of frozen Russian assets “in accordance with the law” Bloomberg writes about this with reference to a letter from lawyers that they sent to the G7 countries. The head of the Central Bank, Elvira Nabiullina, warned that the seizure of reserves would send a bad signal to other central banks of the world and lead to the undermining of the global financial system.
Ten Western legal experts from Belgium, France, Germany, Japan, the Netherlands, Great Britain and the United States found the confiscation of frozen Russian assets “in accordance with the law.”
Bloomberg writes about this with reference to a letter from lawyers that they sent to the G7 countries.
According to lawyers, the confiscation of frozen assets of a sovereign state “does not contradict” international law, since Russia allegedly violated it itself.
Earlier, the Russian leader’s press secretary, Dmitry Peskov, noted that the seizure of Russian assets by other countries is illegal and fraught with serious harmful consequences.
The head of the Central Bank, Elvira Nabiullina, warned that the confiscation of reserves of the Central Bank of Russia would send a bad signal to other central banks of the world and would lead to the undermining of the global financial system.