Putin: the return to state ownership of a number of assets is not a revision of privatization – Russia |

25th of April. Interfax-Russia.ru – The return of a business to state ownership is justified in cases where the actions of the owner damage the security of the state; there is no talk of any revision of the results of privatization, said Russian President Vladimir Putin.

“Recently, law enforcement agencies have opened a number of cases to return some assets to state ownership. I would like to emphasize that we are not talking about a review of privatization, but about cases where the actions or inactions of the owners of enterprises and property complexes cause direct damage to the security of the country and national interests “, he said, speaking on Thursday at the congress of the Russian Union of Industrialists and Entrepreneurs.

“I would like to once again draw the attention of both my colleagues in this room and in law enforcement agencies: the seizure of a business is justified only in the situation that I just mentioned,” Putin emphasized.

According to him, “no formal reasons or clues are acceptable to explain the claims against the owners.”

As an example, Putin cited the privatization of some enterprises in the 90s only in agreement with regional, but not federal authorities, noting that the Cabinet of Ministers at that time itself removed itself from participation in this.

“This means that claims against the current owners of assets are inappropriate, especially against those who work normally, successfully, solve social issues, and help ensure national security,” the head of state concluded.

During the panel discussion that followed the president’s speech, the head of the Russian Union of Industrialists and Entrepreneurs, Alexander Shokhin, expressed surprise that the audience did not respond with applause to Putin’s words about protecting the rights of owners and investors.

Putin remarked to this: “I can tell you why there was no applause. Because the actions of law enforcement agencies, despite our conversations, continue. I hope that we will really develop the approach that I just spoke about and normalize this situation.” .