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Forwarded from MessageInABottle
Belgian Prime Minister deCroo and the transfer Theft of €235 million of earned interest payable on frozen Russian assets to Ukraine

Yesterday Belgian Prime Minister Alexander de Croo announced that he will be sending #stealing the interest earned on frozen #Russian assets presently under his country’s control and illegally transferring it to Ukraine as an "assistance package".

(Where much of it will promptly be stolen by
#Zelensky and his corrupt cronies)

To be sure, this is not yet transfer of the €58 billion of Russian assets frozen by Belgium, the largest sum among all the 27 EU Member States.  

Until now we have heard from EU authorities that confiscation of frozen assets is not supported by EU or international law and is very problematic.

What happens to interest earned on the frozen assets remains an open question.

Has the Prime Minister has paid due attention to Russian state policy on such matters which is crystal clear:  confiscations will be met by a mirror image response, meaning the freezing of all assets in Russia of the country perpetrating this atrocity. 

Has consulted with #Solvay, with #Glaverbel and with the many other Belgian companies that have invested a fortune in industrial capacity and logistics infrastructure in Russia?

Has he spoken to the leadership of the #diamond bourse in #Antwerp whose existence depends on continued supply of Russian raw diamonds.

De Croo is aware of that sensitive point since he strongly defended the interests of the diamond cutters when he successfully removed a ban on diamond imports from Russia in one of the latest rounds of EU sanctions