Russia Seizes Over $11 Billion in Domestic Assets, Citing National Security
• Russian state claimed over $11 billion in domestic assets in 2023 through court rulings • Assets are considered critical for developing Russia's economy and defense capabilities • Putin says seizures justified when assets acquired illegally or used against state • Bank of Russia governor worried forced share sales could undermine investor trust • Russia accuses Ukraine of "terrorist activities", claims asset funds used to finance them