The war hawks have long tried to steal Russian assets held in West to then use the money to finance the proxy war against Russia. The sums involved are serious:

Nearly three years after the start of Russia’s invasion of Ukraine, Belgium holds €258 billion in frozen or immobilised Russian assets.

The General Administration of Treasury at the Ministry of Finance confirmed the figures on Wednesday to La Libre and De Tijd.

Some of these assets belong to institutions not sanctioned by the European Union. Frozen assets amount to €65 billion, with an additional €193 billion in immobilised transactions, primarily from the Central Bank of Russia.

The money is not really held by Belgium but by the Belgium company Euroclear which acts as depository for  international central bank assets denominated in Euros.

Currently the EU is confiscating the interest, not the principal, of that money to distribute it to Ukraine. That step is likely already illegal and Russia will certainly use the courts to get it back.

The post Another Crazy Idea On How To Steal Russia’s Assets appeared first on PopularResistance.Org.

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