Russia Clamps Down on Corporate Exits with Scrutiny, Mandates, and Threats
• Russian authorities scrutinizing and micromanaging every corporate exit from Russia, making it very difficult to leave • Companies have to pay donations to the state, sell assets at a discount, and get exit plans approved before leaving • Firms in key sectors like energy need Putin's approval to sell assets • Even small asset sales, like a $59,000 apartment, require government approval • Moscow probes exiting companies, interrogates employees, and has even arrested local executives