Russia Threatens Departing Companies With Prosecution

[Budi]

Russia Threatens Departing Companies With Prosecution
https://oilprice.com/Latest-Energy-News/World-News/Russia-Threatens-Departing-Companies-With-Prosecution.html

Foreign companies, including energy firms, which are ditching Russia will be considered pushing their Russian subsidiaries to “deliberate bankruptcy,” which under Russian law includes criminal prosecution for top managers, Upstream reported on Friday, quoting Russian Deputy Prime Minister Andrey Belousov.

Under Russian law, deliberate bankruptcy resulting in damages of over 1.5 million Russian rubles ($13,300 as of March 4) carries a criminal liability.
The companies leaving Russia will get fast-track bankruptcy protection, or they transfer their stakes to local managers until they return to Russia, according to a Reuters summary of Belousov’s latest comments.

A day after BP, Shell also said it would exit its equity partnerships with Gazprom entities, including the Nord Stream 2 gas pipeline project, its 27.5 percent stake in the Sakhalin-II LNG facility, its 50 percent stake in the Salym Petroleum Development, and the Gydan energy venture. Norway’s Equinor also decided to stop new investments into Russia and begin the process of exiting its Russian joint ventures. ExxonMobil discontinues operations at Sakhalin-1 and will make no new investments in Russia, the U.S. supermajor said this week, deploring “Russia’s military action.”

Glencore is reviewing all business activities in Russia, including stakes in En+ and Rosneft, and said it has no operational footprint in Russia, while its trading exposure is not material for Glencore.
Trafigura immediately froze investments in Russia and is reviewing the options in respect of its passive shareholding in Vostok Oil in which it has no operational or managerial input.
More....

[Ocelot II]

1. Considering how badly devalued the ruble is now they might as well just pay the fines,

which are now basically pocket change, and carry on with divesting.

[Irish_Dem]

5. Says criminal prosecution, which could mean jail time?

If it is just a fine, yes pay it.

I would think Putin would like to jail everyone.
And he doesn't care about the laws.

[prodigitalson]

23. no kidding. I could probably pay the fines on a teachers (USD) salary. nt

[Kablooie]

2. Then the companies would have to permanently sever relations with Russia.

so their employees wouldn't be imprisoned.

[Irish_Dem]

12. Yes any employees still in Russia must leave at once before they are jailed.

[Bev54]

3. These companies need to tell Putin the same thing the Ukrainians are telling his troops

Fuck Off

[Deuxcents]

4. Agreed.

His threats should be meaningless while he invades Ukraine n who knows next..

[Igel]

6. Learn the Rashist phrase.

"Na khuy!"

"Rashist" is a delightful coinage from 2014.

"Russia" is rassEE-ya

"Fascist" is fashYst". That 'Y' is sort of an "ih" sound.

"Racist" is "ra-sEEst". You can't say "ee" after "sh" in Russian. All "ee" after "sh" become "y".

Rashist combines Russia, fascist, and racist into one two-syllable word.

Putin? Vin rashyst. "Putin? He's a rushist."

[Budi]

15. Appreciate that interesting info.

#LearnSomethingNew

Thanks~

[patricia92243]

7. I wonder if Putin really had any idea of what the world's actions toward his

endeavors would be. He has bitten off way more than he can chew. I hate to see the Russian people suffer because of Putin's idiocy.

[Irish_Dem]

11. It looks like the world reaction has caught him by surprise. And he is very angry.

He knew there would be sanctions, but he said that he and the oligarchs could survive them like they have done in the past.

But the world's reaction goes way beyond typical sanctions.

We can see how angry he is by his threats now against companies who left Russia and won't do business with him. He is threatening criminal prosecution or worse. We know what other kinds of things Putin does when he is angry. When he cannot control other people.

[Irish_Dem]

8. If he gets big judgements against companies, how does he collect?

I guess Putin is saying he will go after any assets the companies left in Russia. Or maybe even overseas assets.

Basically Putin is threatening everyone who he sees as crossing him.

I don't know if he will adhere to legal niceties or not. The article says criminal prosecution, so he hopes to send company officers to jail?

Or is he really threatening to poison them?

Putin is in a place where we don't know what he will do next.

[Budi]

16. That's exactly what Trump says too, right!!

"Basically Putin is threatening everyone who he sees as crossing him."

Geezus 2 Putins!

[Irish_Dem]

17. Right, same kind of severe sociopath revenge tactics.

Same kind of thing brutal mobsters do.

[Budi]

18. The criminal organization of Semion Mogolevich

The oldtime ruthless mobster who KGB agent Vladimer Putin workd for.
Semion Mogolevich was notorious for being named 'The most dangerous mobster in the world"

[Irish_Dem]

21. Putin learned well from the best. :(

[RockRaven]

9. All the more reason to get the fuck out ASAP, then.

[ColinC]

14. Any relationship with Putin is nothing less than abusive.

Glad folks are figuring that out.

[Scrivener7]

10. Wow. That seems desperate.

[ColinC]

13. LOL "You HAVE TO DO BUSINESS WITH ME OR ELSE!!!"

That'll make them want to stay

[Irish_Dem]

19. What will Putin do now that the world has turned against him?

Putin has been very successful bribing and threatening others into compliance.

Jailing and killing his opponents.

He successfully damaged western democracies with a psy-op campaign, bribery and helping people get "elected."

Now the world is turning against him.

What will he do?

A man always in control, always gets away with everything.
Is the richest man in the world.
Obtains everything he wants.

Our first glimpse is him threatening to sue and jail companies who have put sanctions on him. So we see he is going into threat and revenge mode.

[Budi]

20. Yup. Threat & revenge mode. We've seen what comes after that by watching Trump do the same...

Threat & revenge is the narcissists bible.

There was an article posted here, I think, a short while back, that approached the whole Trump/Putin enigma from the point of view that a psychoanalyst would in dealing with Narcissistic Personality.

It was spot on.
They approached how to finally bring them down & the manipulating tactics they will use to self-preserve.
The dangrrs of being caught in their manipulation.
This is the dangerous personality disorder that the most gripping classic psycho thriller novels & movies are made of.

[Irish_Dem]

22. Yes Putin is a toxic narcissist and also a high functioning ruthless sociopath.

Psychology is a good tool against him.

There are so many weak areas to hit on Putin.
And make him melt down.

I actually think some of what Biden is doing with the sanctions is designed to hit Putin trigger points.

Putin is obsessed with money and sees it as safety and a way to bribe his way into power. So Biden takes away his money.

Putin is paranoid so Biden makes him feel even more unsafe.
The world is now after Putin.