Monday, March 14, 2022

Russia threatens Western companies with arrests, seizures: Report | Al Jazeera

Russian authorities, facing potential economic calamity as Western sanctions take hold, have threatened foreign companies hoping to withdraw from the country with arrests and asset seizures, the Wall Street Journal has reported.



Russian prosecutors have issued warnings to several foreign entities – via calls, letters and in-person visits – including to Coca-Cola, McDonald’s, Procter & Gamble, IBM and Yum Brands, the parent company of KFC and Pizza Hut, according to the business daily, citing sources familiar with the matter.

They have threatened to arrest officials who have criticised the government or to seize assets, including intellectual property.

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