Canada considers seizing Russian assets| MENAFN.COM

Wednesday, 10 August 2022 09:28 GMT

Canada considers seizing Russian assets

(MENAFN) Canadian Finance Minister Chrystia Freeland claimed Canada might be passing a law permitting the seizure of sanctioned Russian money.

“We hope that budget legislation will be adopted in the coming days. For the first time for Canada, it includes measures that will allow the confiscation of frozen and sanctioned assets,” Freeland told journalists. She declared that the problem has been already negotiated with the United States and other allies.

“It's very important to find funds to rebuild Ukraine. And I can't think of a better source of that funding than confiscated Russian assets,” she added.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.