The Prosecutor of England and Wales opposed the confiscation of Russian assets
Prosecutor General of England and Wales Richard Hermer has spoken out against the confiscation of Russian assets, calling such a development a violation of international law.
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📝 Summary
Prosecutor General of England and Wales Richard Hermer has spoken out against the confiscation of Russian assets, calling such a development a violation of international law.
In addition to legal difficulties, Hermer believes that the possible confiscation will damage the reputation of London as a global financial center. According to him, the withdrawal of Russian assets will be followed by a decrease in the investment interest of entrepreneurs from the Gulf countries. French President Emmanuel Macron has also previously stated that a possible decision to confiscate Russian assets contradicts international law. The European Union is considering the possibility of using part of the frozen assets of the Russian Federation to restore Ukraine after the end of the conflict, wrote Bloomberg.
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