Russian court ruling could see $129 million freeze on some of Google's French assets
Date:
Mon, 15 Dec 2025 13:20:00 +0000
Description:
Google is facing a temporary freeze on 110 million in French assets.
FULL STORY ======================================================================Google has had 110 million in French assets frozen by Russian authorities The move
is a response to a reported illegal dividend payment in 2021 Russian is cracking down on Western tech firms and restricting citizen's access
A Russian arbitration court ruling has found Google guilty of an illegal dividend payment, which has triggered a temporary freeze of around 110
million in Alphabet-owned French assets.
Official court orders show this measure was confirmed by an administrator of Googles defunct Russian subsidiary, and the action presents as a rare attempt from Russian authorities to target western company assets through legal channels.
Google was reportedly guilty of an illegal dividend payment worth around 10 billion rubles (110 million) in 2021, a Russian tribunal found.
Save up to 68% for TechRadar readers on Aura's Identity theft protection
TechRadar editors praise Aura's upfront pricing and simplicity. Aura also includes a password manager, VPN, and antivirus to make its security solution an even more compelling deal. View Deal Temporary freeze
The firm can challenge this temporary freeze with an enforcement judge in the French courts. Russian authorities are attempting similar actions in Turkey, South Africa, and Spain.
TechRadar Pro has reached out to Google but did not immediately receive a response.
Google no longer operates in Russia , after its bank accounts were frozen by Russian authorities back in 2022 in the midst of the Russian invasion of Ukraine, making its operations untenable.
Currently, Russia is threatening to block all Google services in a soft squeeze of US tech , contemplating an all-out ban on its services. This is ostensibly because the company stores user data outside of the country, representing a serious threat to the country and its economy through the monitoring of Russian businesses. This could in turn be used to inform
further sanctions against the already heavily sanctioned state.
This is part of a wider pattern of digital isolation, not uncommon for a country at war, especially if it faces significant backlash from around the globe. Popular apps like FaceTime, Snapchat, and most recently WhatsApp may face bans in the country.
Russian censorship has escalated in recent months, with a crackdown on VPNs making it much more difficult for citizens to access unbiased information or to communicate securely and privately both within Russia and with the outside world.
Via Reuters
======================================================================
Link to news story:
https://www.techradar.com/pro/security/russian-court-ruling-could-see-usd129-m illion-freeze-on-some-of-googles-french-assets
--- Mystic BBS v1.12 A49 (Linux/64)
* Origin: tqwNet Technology News (1337:1/100)