MOSCOW (AP) — Russian President Vladimir Putin has urged a gathering of Russia’s billionaires and business leaders to return their capital to Russia and suggested that funds kept abroad could be frozen. In an apparent reference to the possibility of further U.S. and European Union sanctions on Russia for its involvement in the Ukraine crisis, Putin warned Thursday of a possible “limit on the use of these capital amounts which are located in foreign jurisdictions.” Citing “disturbing information from a number of countries,” Putin said he suspects that “attempts could be made to obstruct” efforts to return capital to Russia. …read more
Source: Business Insider
