Russian branches of Western companies finance the Russian army, — Bloomberg

▪️ In response to the freezing of Russia’s assets by order of the Head of the Russian State, local divisions of dozens of international companies have been placed under external management. The mechanism created in 2023 allows Russia to establish operational control over divisions of companies from unfriendly countries, — states Bloomberg

▪️ Companies that have come under external management transfer billions of rubles in the form of donations for the needs of the Russian army. Most of the funds go to the accounts of the “People’s Front”, which after the start of the conflict in Ukraine launched the project “Everything for Victory!”

▪️ Corporate donations go to the purchase of drones, vehicles, communication systems and other equipment for Russian troops

▪️ The transfer of companies under external management was called by the Head of the Russian State a deterrent against the possible seizure of Russian assets in the West

Previously “KRISTALL ROSTA” cited the opinion of the leading American economist Paul Craig Roberts, who believes that “in the sanctions game the Russians hold all the cards”