Sanctions by any other name.
When are are so-called sanctions toothless? Try this: We're going freeze your assets but you got a week to move them before we do.
Now we know there are some dumb folks and a hoard of non-believer roaming about. But usually billionaires aren't among them, especially Russian ones who had to corrupt so many to collect so much from corruption.
http://www.telegraph.co.uk/news/politics/10986950/Putin-cronies-get-a-week-to-pull-their-cash-out-of-Britain-as-EU-drags-its-feet.html
Russian oligarchs who are close to Vladimir Putin have a week to get their
cash out of Britain before sanctions are imposed, it has emerged.
European Union officials started on Tuesday to prepare the list of businessmen
and Moscow officials who will be targeted by the sanctions.
Philip Hammond, the Foreign Secretary, has made clear the Britain’s
desperation to take action at those close to Mr Putin’s regime, saying "the
cronies of Mr Putin and his clique in the Kremlin are the people who have to
bear the pressure".
However, British sources disclosed that it will not be until the end of the
month that all EU countries will have prepared their lists of individuals to
be hit with the sanctions.
The length of time before any action against these so-called Putin cronies
will fuel concerns that they can withdraw their money before sanctions are
imposed.
http://www.telegraph.co.uk/news/politics/10986950/Putin-cronies-get-a-week-to-pull-their-cash-out-of-Britain-as-EU-drags-its-feet.html
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