A Russian court has seized the assets of the American bank JP Morgan
The Russian court has seized the Russian assets of the largest US bank JP Morgan Chase following a claim by VTB for $439,5 million. They have been frozen in accounts at JP Morgan since 2022, Bloomberg reports. The court ordered the seizure of all funds in bank accounts...
Canada seized Abramovich's assets for $26 million: they plan to give the money to Ukraine
The Government of Canada intends to confiscate $26 million from Russian oligarch Roman Abramovich of assets seized under the sanctions, and use the proceeds from their confiscation to help restore Ukraine, Ukrayinska Pravda reports. This is the first time that Canada has applied a law allowing by decision…