The Russian authorities, who have already toughened up their stance on foreign companies wishing to withdraw from the country, have directly threatened some of them, warning them of possible arrests of officials or seizure of their assets, said Sunday the wall street journal.
Russian prosecutors have issued warnings via calls, letters or visits, against companies in all sectors, including Coca-Cola, McDonald’s, Procter & Gamble, IBM and Yum Brands, the parent company of the KFC and Pizza Hut, says the business daily, citing sources familiar with the matter.
They have notably threatened to arrest officials criticizing the government or to seize assets, including those relating to intellectual property.
After the invasion of Ukraine, unprecedented economic sanctions were imposed by Western governments and a growing list of companies announced their withdrawal from Russia or the suspension of their activities in the country.
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