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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

Moscow Threatens Western Companies with Arrests, Seizures

Customers stand in front of a US Kentucky Fried Chicken (KFC) fast food kiosk in Evroreisky (European) shopping mall in Moscow on March 7, 2022. (Photo by AFP)

Russian authorities, facing potential economic calamity as Western sanctions take hold, have threatened foreign companies hoping to withdraw from the country with arrests and asset seizures, the Wall Street Journal reported Sunday.

Russian prosecutors have issued warnings to several foreign entities -- via calls, letters and in-person visits -- including to Coca-Cola, McDonald's, Procter & Gamble, IBM and Yum Brands, the parent company of KFC and Pizza Hut, according to the business daily, citing sources familiar with the matter.

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