Russia seizes more than $100M from Google to fund war propaganda campaign: report

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Russia seizes more than $100M from

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to fund war *********** campaign: report

Russia seized more than $100 million from

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and used the money to fund its *********** campaign in support of

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, according to a report.

Court documents obtained

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show that

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’s bank accounts in Russia were

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, leading to the bankruptcy of the tech giant’s Russian division.

The confiscated cash was transferred to state-owned Russian channels including RT and Tsargrad, a network that pledged to use the money to back the war effort.

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Russian President Vladimir ******’s government has reportedly seized $100 million from

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. via REUTERS

Last week,

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filed suit against RT, Tsargrad and another Russia-based broadcaster, NFPT, in both US and *** courts.

Russian courts ordered

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to pay the three television channels large sums as compensation for the company’s decision to remove them from

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and deleting their

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accounts to comply with sanctions against Moscow.

In court filings from last week,

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said that Russia “levied unprecedented fines and arbitrary legal penalties against

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in an attempt to limit access to information on our services and as a punishment for our compliance with international sanctions against Russian individuals and organizations”.

“The bailiffs seized more than $100 (million) of

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Russia’s assets, even though the amount purportedly due under the judgment at the time was less than $12.5 (million),”

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said in one of the court filings.

“Tsargrad received one billion rubles from the seizure, which it said it would use to support Russia’s war in Ukraine.”

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wants courts to prevent the three Russian broadcast entities from pursuing its assets in South *******, Turkey and Serbia.

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’s Russia-based operations filed for bankruptcy shortly after the invasion of Ukraine. AFP via Getty Images

Tsargrad has sued

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in Turkey — claiming that the US-based tech giant owes it $360 million.

Russian court rulings doubled the penalty every 24 hours — meaning the sum could exceed

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’s market capitalization.

As of Monday,

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’s parent company had a market capitalization of $2.05 trillion — making it the fourth most valuable company in the world behind Apple, Nvidia and

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.

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The money is being used to support *********** efforts backing the Russian war effort in Ukraine. AFP via Getty Images

The Post has sought comment from

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and the Russian government.

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#Russia #seizes #100M #

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#fund #war #*********** #campaign #report

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