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In Russia, $372 million was seized in accounts of two US banks

The Arbitration Court of the Moscow Region opened in Russian banks $372 million in accounts of the American banks Bank of New York Mellon and JPMorgan Chase Bank. This was reported in the ruling published by the court.

It should be noted that the measures were taken in the case of a claim by the Prosecutor General’s Office against the National Security and Defense Council of Ukraine, the National Bank of Ukraine, the state-owned company National Investment Fund of Ukraine, the Mellon Bank of New York and JPMorgan Chase Bank.

The court ordered the seizure of approximately $121 million in JPMorgan Chase Bank accounts at JP Morgan Bank International, as well as about $250 million in Bank of New York Mellon accounts at Citibank.

“Having examined the plaintiff’s request for provisional measures and the submitted documents, the arbitration court comes to the conclusion that it is possible to satisfy it.” – says the resolution, cited by Lenta.ru.

The Prosecutor General’s Office demanded that it be recognized that the actions of the defendants in confiscating the property of the International Reserve Bank (IRB), the former Ukrainian “daughter” of Sberbank, “violated the rights and legitimate interests of Russia” and that collectively recover about 372 million dollars (more than 34.7 billion rubles at the current exchange rate). MRB’s money was in its correspondent accounts at Bank of New York Mellon and JPMorgan Chase Bank.

Source

Anthony Robbins
Anthony Robbins
Anthony Robbins is a tech-savvy blogger and digital influencer known for breaking down complex technology trends and innovations into accessible insights.
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