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re: Is there a single instance where sanctions worked?

Posted on 11/25/23 at 9:36 pm to
Posted by MStant1
Houston, TX
Member since Sep 2010
4529 posts
Posted on 11/25/23 at 9:36 pm to
quote:

But it probably enriched some folks as well. If you look at the all the seized yachts etc for example, those were ultimately sold to private parties. Also anonymously from what I’ve read. Bank accounts were tapped as sanctioned although I’m unsure what they did with those monies.



Accounts with an owner that is a sanctioned party are frozen in an interest bearing account at whatever institution it was held at (when/if the sanctions are lifted the original value plus interest are returned to the owner).
Posted by trinidadtiger
Member since Jun 2017
13521 posts
Posted on 11/26/23 at 7:56 am to
quote:

Accounts with an owner that is a sanctioned party are frozen in an interest bearing account at whatever institution it was held at (when/if the sanctions are lifted the original value plus interest are returned to the owner).


That is what happened in the past, not with Russia. They are using J6 rules. If you are Russian, rich, and were somewhere in the same hemisphere as Putin during the past 20 years, you are colluding with him and we are siezing your shat, not holding it, SIEZING it, as in permanently.

Sounds great lets stick it to em. Until chini starts siezing our factories and uses the same protocol....established by the US
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