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Alphabet-owned Google is facing a temporary freeze on around €110 million ($129 million) of its assets in France after orders obtained by the administrator of its defunct Russian business. According to documents seen by Reuters, the move follows rulings issued by Russian arbitration courts between 2024 and 2025 and marks an unusual attempt by Russian authorities to pursue Western corporate assets overseas through legal channels.

The freeze targets shares linked to Google International and was requested by the judicial administrator of Google Russia. The action was executed by a French bailiff, though neither Google, its Russian administrator, nor the French government commented on the matter. A lawyer representing the Russian liquidator said a Moscow tribunal had found Google guilty of making an illegal dividend payment in 2021 worth roughly 10 billion roubles, forming the basis of the claim.

Under French law, the asset freeze is temporary and requires formal court recognition within a month to remain in effect. The Paris Judicial Court will decide whether to enforce the Russian rulings, a process that could take more than a year. Google retains the right to challenge the freeze, and if enforcement is approved, the funds could ultimately be seized to satisfy the Russian court judgments.

Pic courtesy: google/ images are subject to copyright

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Russian billionaire Roman Abramovich has said that the ongoing criminal investigation launched by Jersey authorities in 2022 is “baseless and unlawful”, according to a statement from his spokesperson. Jersey had frozen $7 billion in assets linked to Abramovich as part of the probe, but his team now says no charges have been brought in more than three years, nor has any substantial progress been made in the case.

Abramovich’s spokesperson added that he has been permitted to file “claims of conspiracy” against the Jersey government. These claims allegedly stem from the government admitting to deleting data related to the investigation and failing to provide full disclosure regarding records connected to Abramovich. Jersey officials have not yet commented on these allegations.

A powerful figure who rose to wealth after the Soviet Union’s collapse and also holds Israeli citizenship, Abramovich remains a central figure in global financial circles. With Forbes estimating his net worth at $9.2 billion, the dispute with Jersey adds yet another layer to the legal and political scrutiny he has faced in recent years.

Pic Courtesy: google/ images are subject to copyright