Posted in Legal Troubles

Google’s Russian subsidiary to file for bankruptcy after bank account seized

It’s not Google’s fault, though. It’s the Kremlin’s fault.

Google’s Russian subsidiary plans to file for bankruptcy after the authorities seized its bank account, making it impossible to carry on operations, a Google spokesperson said on Wednesday.

Alphabet Inc’s Google has been under pressure in Russia for months for failing to delete content Moscow deems illegal and for restricting access to some Russian media on YouTube, but the Kremlin has so far stopped short of blocking access to its platforms.

“The Russian authorities seizure of Google Russia’s bank account has made it untenable for our Russia office to function, including employing and paying Russia-based employees, paying suppliers and vendors, and meeting other financial obligations,” a Google spokesperson said.

This one is all on Putin and his minions.

While Google’s behavior can be evil, the seizure of its bank account was unwarranted and unacceptable. It’s doubtful Google will regain access to its money, and its best course of action might be to try to transfer its employees and data out of Russia where Putin’s regime will not be able to get at them.