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In 2022, a Russian court ordered Google to pay compensation to state-run broadcasters and seized more than $100 million from the bank accounts of Google Russia. As a result of the seizure of compensation, Google’s Russian subsidiary has declared bankruptcy.
Putin seizes $100m from Google to fund Russia’s war machine
https://www.telegraph.co.uk/business/2024/08/25/putin-seizes-100m-from-google-to-fund-russias-war-machine/
In May 2022, it was reported that a subsidiary of Google in Russia had filed for bankruptcy after its bank account was seized by authorities. This was the first time that a major American IT company had its entire bank account seized.
