The National · 5 Jun 2026
Top Russian banker condemns 'illegal' asset seizures and calls for quick Ukraine peace deal
Attempts by the West to use frozen Russian assets to fund Ukraine's defence amount to "stealing" and have accelerated the break-up of the post-war financial order, according to Andrey Kostin, chief executive of Russia's state bank VTB. Speaking to On the Record, broadcast on Sky News Arabia and The
AI Translated Summary:
Andrey Kostin, CEO of VTB, criticizes the West's use of frozen Russian assets for Ukraine, labeling it as theft that threatens the global financial system. He advocates for a swift peace deal in Ukraine to stabilize the situation.
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