Moscow may seize private US assets in Russia if US seizes frozen reserves, says Putin ally

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Moscow may seize private US assets in Russia if US seizes frozen reserves, says Putin ally

MOSCOW - Russia may respond to any U.S. confiscation of its currency reserves frozen in the West by seizing the assets, including property and cash, of U.S. citizens and investors in Russia, Dmitry Medvedev, a senior security official, said on Saturday.

The Group of Seven major democracies is also looking at what it may be able to do around the frozen Russian assets. "We are talking about the foreclosure, for example by a court decision, on the property of private individuals located in the jurisdiction of Russia ."

 

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