Ukraine: Russia threatens to nationalise foreign companies - Punch Newspapers

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Western businesses leaving Russia due to the war may have their companies and production facilities confiscated by the Russian state, according to Moscow.

Businesses that leave the country are “basically abandoning their staff to their fate,” said former Russian president Dmitry Medvedev on Thursday.

To prevent people from ending up unemployed and on the streets, the Russian government is taking steps to bring about the insolvency and subsequent nationalisation of these companies, the deputy chief of the Russian Security Council said. On the foundation of the assets left behind by “investors in panic,” a new industry would have to be built. This approach is objective and fair,” said Medvedev.There is no law in Russia to nationalise a company’s assets.

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Pls start with england till they leave chelsea for Roman

How do you nationalize branches? Most western companies operating in Russia are mere subsidiaries of parents domicile in the USA or Europe. After the war they will come back with new names, simple.

Abeg make China come face Nigeria so we can nationalised company. By this doing we no go loose

They have been siezing Russian companies, so what do you expect?

Where has that every worked ?

I love this After all lawless GOVUK has done to ChelseaFC and other western countries to Russians with them. May God continue to uphold Puttin

Good move

💯% support for Putin. West are evil. Their sanctions does not stop you from taking over Ukraine.

Putin don’t want handicap but rather go for GOAL GOAL 😁

He can..but still his still at a loss..

Let the madness go round

Na ur own 🙄

When two elephants fight it is the grass that pays the consequences.Make Russia and western pple use this 1 hold body

Abeg una matter done taya me

The west will also nationalise all of their foreign businesses... It's tit for tat but one country will bear the consequences more. The victim is obvious.

No condition is permanent Putin’s end has come

As it should be

He dare not

Please do

look at my naked photos

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Alright that’s fine with me

Is a good ideas, since they have closed down their shops...

⚡️⚡️Escape | This plane nearly shoot down by Russian rocket 🚀 Ukraine 💀🇺🇦🦅

😳😳😳😳😳 this one shock me oooo

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