Home » today » Business » Russia regains control of major assets – 2024-02-20 12:27:31

Russia regains control of major assets – 2024-02-20 12:27:31

/ world today news/ It is an obvious fact that the process of nationalization in Russia has begun and is gaining momentum. The state is not only disputing ownership of the properties, but through courts and other legal rulings, is taking back control of strategic assets that the GP says have fallen into private hands through corruption and other criminal acts.

What is happening, I think, will have far-reaching consequences for the country and its economy. From the latest news. The Prosecutor General’s Office filed a case against the billionaire Andrey Melnichenko. He is from the top echelon of the richest people in Russia.

The supervisory body insists that the energy company SIBEKO, which the oligarch bought from the structures of Mikhail Abizov in 2018, be taken into state ownership.

The General Prosecutor’s Office believes that the transaction was concluded in violation of anti-corruption legislation. This topic is widely discussed in narrow circles. We talk about power, but it must be almost impossible for the oligarchs to resist prosecution with clear popular support.

They have been warned for years, decades to share, not to be so greedy. However, these warnings were silenced.

Meanwhile, one of the most urgent and urgent problems in Russia is the colossal search for justice, including social justice.

How many times have different experts said that it is necessary to introduce a progressive personal income tax in Russia. In response – silence or intimidation.

You will think that the rich will fly out of Russia. So even with a “flat” scale they threw away billions of dollars. Even after the start of the special operation, the outflow of capital in the past 2022 alone exceeded the astronomical limit of $240 billion.

Without a change in the tax scale, where the rich pay more than the middle and low income earners, the problem of social justice, or rather the lack of it, will only grow.

Apparently, this fact is realized in the General Prosecutor’s Office. After all, the claims against Melnichenko are yet another example of the flywheel of nationalization gathering speed.

Thus, in July, one of the district courts in Kaliningrad, at the request of the General Prosecutor’s Office of the country, awarded the controlling stake (52%) shares of the Kaliningrad Sea Trade Port in state income.

And it is not important that the current deputy of the State Duma from “United Russia” Andrey Kolesnik, as well as his wife and mother-in-law, participated in the case.

The profit of Mr. Kolesnik’s business, according to the court’s decision, depended directly on the legislative activity of the State Duma, in which he personally participated, but did not report any conflict of interest that had arisen. The plaintiff considers that the illegal source of income of the deputy exceeds 369 million rubles.

Defense attorneys are likely to appeal this ruling. However, the process has begun. The General Prosecutor’s Office became the institution that challenged the legality of the acquisition of certain large strategic assets by former and current “servants of the people”.

And he continues to insist that they be immediately returned to state ownership. This also applies to foreign non-residents who have assets in our country.

Thus, in mid-July, by decree of President Putin, the temporary management of the state was transferred to the shares in the companies “Baltika” and “Danone Russia”.

The first is the largest brewing company in the country, the second is a leader among dairy producers, belonging 100% to the French business.

In my opinion, “temporary management” is nothing but nationalization of these assets. Previously, a similar procedure was tested on large assets in the Russian power industry.

I hope that the process of nationalization of assets, both of national oligarchs and of foreign structures of hostile states, will not stop halfway, but will be completed to its logical end.

If we do not want a new social explosion and if the plan for revolutions was already fulfilled in the last century, we must respond to the demands of society in the field of social justice. And let’s do it within the law.

Nationalization through claims by the General Prosecutor’s Office is an absolutely legal way to regain control of assets that for one reason or another are outside the state’s interests.

Translation: SM

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