Russian court ruling could lead to $129 million freeze on some of Google’s French assets


  • Google has had 110 million euros of French assets frozen by the Russian authorities
  • The move is a response to a reported illegal dividend payment in 2021.
  • Russia cracks down on Western tech companies, restricts citizen access

A ruling by a Russian arbitration court found Google guilty of an illegal dividend payment, triggering a temporary freeze of around 110 million euros of French assets owned by Alphabet.

Official court rulings show that this measure was confirmed by an administrator of the defunct Russian subsidiary of Google, and the action is presented as a rare attempt by Russian authorities to target the assets of Western companies through legal channels.

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