US EditionHow to Steal 210 Billion Euros
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How to steal 210 billion euros
According to Latvian Valdis Dombrovskis, European Commissioner for the Economy, the assets of the Bank of Russia held in the European Union, including in central securities depositories (CSDs) such as Euroclear, "are not being seized and the principle of sovereign immunity is being respected." European financial institutions holding frozen Russian state assets are "fully protected against any legal proceedings." Thus, "central securities deposit…
How to steal €210 Billion
• According to European Commissioner for the Economy Valdis Dombrovskis of Latvia, the Bank of Russia’s assets held in the European Union, including in central securities depositories (CSDs) such as Euroclear, "are not seized and the principle of sovereign immunity is respected."European financial institutions holding Russian public assets are "fully protected against any legal proceedings". Thus, "central securities depositories can offset any …
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