State property arrests

Russia Reacts to Reports of State Assets Seized in Europe Over Yukos Case

The Russian government has seen a number of its assets abroad apparently frozen following the Kremlin's refusal to abide by a multibillion-dollar court settlement compensating shareholders in the now-defunct oil company Yukos.

On Thursday, French police froze the accounts of Russian state-owned foreign news agency Rossia Segodnya, news agency Interfax reported, citing head editor Margarita Simonyan. The arrest is tied to the Yukos case, according to Interfax, and may be a prelude to more freezes across Europe.