NewsGermany proposes "Navalny Act" to enable confiscation of Russian assets after Navalny's death

Germany proposes "Navalny Act" to enable confiscation of Russian assets after Navalny's death

The death of Alexei Navalny has drawn a wave of condemnation towards Vladimir Putin. This is another example.
The death of Alexei Navalny has drawn a wave of condemnation towards Vladimir Putin. This is another example.
Images source: © PAP

5:01 PM EST, February 21, 2024

Alexei Navalny's death was announced on February 16. The Russian regime has since faced international condemnation.

Germany has also voiced its disapproval. The Bundestag session held on February 21 centered around the issues of Navalny and Ukraine. All party members agreed universally that "Putin is the murderer," according to the website tagesshau.de.

Nexta agency, on Twitter, reports that the members of the German Parliament are considering stepping up their response. They are looking to enact a law named the Alexei Navalny Act.

The Chair of the Bundestag's Foreign Policy Committee, called for the confiscation of Russian assets. The laws to facilitate this have since been dubbed the "Alexei Navalny Acts," according to a post by Nexta agency on Twitter.

Norbert Röttgen from the CDU outlined the specifics of the proposed new law. However, he began by condemning the death of Alexei Navalny - "This murder was evidently orchestrated from the top. Putin is the perpetrator," said Röttgen in the Bundestag.

Germany's material support for Ukraine should now be stepped up. Moreover, regulations should be drafted to enable the utilization of Russian state assets that are frozen overseas for Ukraine's defense expenditures, according to the website tagesshau.de.

Similar sentiments are being echoed by other European nations and the United States. Enacting a comparable law would permit the confiscation of Russian assets that are currently frozen in banks, and then use those funds for Ukraine. This could mean purchasing military equipment and supplying it to their eastern neighbors, who are continually suffering from an equipment and ammunition shortage.

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