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Russian court seizes two European banks’ assets amid Western sanctions

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Russian court seizes two European banks’ assets amid Western sanctions

Freezing hundreds of billions of dollars in lenders’ assets was part of dispute over gas project halted by sanctions.

A Russian court has ordered the seizure of the assets, accounts, property and shares of Deutsche Bank and Commerzbank in the country as part of a lawsuit involving the German banks, court documents showed.

The banks are among the guarantor lenders under a contract for the construction of a gas processing plant in Russia with the German company Linde. The project was terminated due to Western sanctions.

European banks have largely exited Russia after Moscow launched its offensive on Ukraine in 2022.

A court in St Petersburg ruled in favour of seizing 239 million euros ($260m) from Deutsche Bank, documents dated May 16 showed.

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Deutsche Bank in Frankfurt said it had already provisioned about 260 million euros ($283m) for the case.

“We will need to see how this claim is implemented by the Russian courts and assess the immediate operational impact in Russia,” the bank added in a statement.

The court also seized the assets of Commerzbank, another German financial institution, worth 93.7 million euros ($101.85m) as well as securities and the bank’s building in central Moscow.

The bank is yet to comment on the case.

In a parallel lawsuit on Friday, the Russian court also ordered UniCredit’s assets, accounts and property, as well as shares in two subsidiaries, to be seized. The ruling covered 462.7 million euros ($503m) in assets.

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UniCredit said it “has been made aware” of the decision and was “reviewing” the situation in detail. The bank was one of the most exposed European banks when Moscow launched its invasion of Ukraine, with a large local subsidiary operating in Russia.

It began preliminary discussions on a sale last year, but the talks have not advanced. Chief executive Andrea Orcel said UniCredit wants to leave Russia, but added that gifting an operation worth three billion euros ($3.3bn) was not a good way to respect the spirit of Western sanctions on Moscow over the conflict.

Russia has faced heavy Western sanctions, including on its banking sector, since the start of the war in Ukraine. Dozens of US and European companies have also stopped doing business in the country.

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Swedish rights groups slam ‘honest living’ criteria for migrants

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Swedish rights groups slam ‘honest living’ criteria for migrants

Sweden’s government has faced growing criticism over its plans to require migrants to adhere to “honest living,” with rights groups and legal experts saying the proposed measure is discriminatory.

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Sweden’s government, which came to power in 2022 on pledges to get tough on immigration and crime, is trying to rapidly push through a slew of reforms ahead of legislative elections in September.

If approved by parliament, the “honest living” measure would come into force on 13 July.

Under the proposed change, the Migration Agency will consider, when granting or renewing non-EU citizens’ residence permits, whether applicants have at any time posed a threat to public order or security, had extremist sympathies or links to groups advocating violence, or committed minor offences punishable by fines.

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Other factors may include going into debt “without any intention or effort to repay,” organised begging, committing welfare fraud or working off the books.

Those found not adhering to the “honest living” standard could face deportation.

“The consequences will be very serious” for migrants affected by the reform, John Stauffer, a legal adviser for the human rights organisation Civil Rights Defenders, told the AFP news agency.

Even a person’s statements, although they in themselves should not be considered as proof of a lack of “honest living,” may indicate links to “violent extremism,” Ludvig Aspling, a spokesman for the anti-immigration Sweden Democrats which props up the minority right-wing government, said when the plans were announced.

“This creates a system where people, depending on their legal status and whether they are citizens or have residence permits, have different rights in our society, especially when it comes to freedom of expression,” Stauffer said.

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“If you are a citizen, you have broad and strongly-protected freedom of expression. If you are not a citizen, then you will have freedom of expression, but it will not be as strong,” he explained.

Unpredictable processing

The proposal would make it easier to revoke immigrants’ residence permits.

“It is not a human right to stay in Sweden. It is important to remember that,” Migration Minister Johan Forssell told AFP.

“If you come to Sweden and you’re not a citizen, it’s almost like being a guest in someone’s home. Then you should show that you want to become part of the country. That you make an effort, that you pull your weight, that you work,” Forssell said.

The government has not yet published a definitive list of actions or behaviours that would constitute a violation of the “honest living” requirement.

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The Swedish Refugee Law Centre, an organisation that provides legal assistance to asylum seekers, says the new considerations will make the process for residence permits unpredictable.

“This can also create a sense of insecurity when you don’t really know how your actions in different situations might be assessed,” Elias Nygren, a lawyer working for the organisation, told AFP.

Some organisations worry that certain types of activism may also be considered a breach of “honest living.”

“We organise trainings in civil disobedience, that is, in non-violence and the principles that guide our actions. We are finding that this question comes up more and more often,” Frida Bengtsson, head of Greenpeace Sweden, told AFP.

“Many people are dropping out because they hesitate to take action due to the current uncertainty. They don’t really dare take that risk,” she added.

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In a satirical op-ed published in newspaper Dagens Nyheter, Swedish writer Gellert Tamas suggested some members of government take a closer look at their own past.

Some of them, he argued, would be candidates for deportation, starting with the migration minister himself.

“Johan Forssell has ‘clear links to an organisation promoting violence’,” he wrote, citing the wording in the draft of the bill, “because of his son’s former membership in the openly Nazi group Aktivklubb Sverige.”

In July 2025, it emerged in the media that Forssell’s then 16-year-old son was a member of Aktivklubb Sverige, which the minister said he had not been aware of.

“Forssell’s defence, that ‘this was about a deeply remorseful 15-year-old, who just turned 16,’ would hardly have impressed in an assessment into honest living,” Tamas said.

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Taking control of migration

Sweden’s Prime Minister told Euronews last year that there was an “absolute need to get control on migration.”

He reiterated his proposal to significantly increase the amount of money Sweden offers to migrants as a financial incentive to leave the country.

The current grant is €900 per adult. However, this initiative has had limited success so far. In 2023, only one out of 70 applications was approved, according to the Swedish Migration Agency.

To reverse this trend, a new government proposal would raise the amount to €32,000, an increase of 3,400%.

Sweden began revamping its asylum policy in 2015, moving to a much stricter stance on application processing after the country hosted record numbers of asylum seekers, more than 160,000 people, from Afghanistan, Iraq and Syria.

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Video: Lebanon-Israel Cease-Fire Goes Into Effect

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Video: Lebanon-Israel Cease-Fire Goes Into Effect

new video loaded: Lebanon-Israel Cease-Fire Goes Into Effect

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Lebanon-Israel Cease-Fire Goes Into Effect

A 10-day cease-fire went into effect at midnight Thursday in Lebanon. The truce was brokered by the U.S. government and announced by President Trump.

“It’s very exciting because it’s 48 years. We’re going to be meeting with Bibi Netanyahu, as you know, and the president of Lebanon. And I had a great talk with both of them today. They’re going to be having a cease-fire. And that will include Hezbollah.”

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A 10-day cease-fire went into effect at midnight Thursday in Lebanon. The truce was brokered by the U.S. government and announced by President Trump.

By Jackeline Luna

April 16, 2026

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South African ex-police chief gets tissue stuck on forehead while sweating during corruption inquiry

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South African ex-police chief gets tissue stuck on forehead while sweating during corruption inquiry

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Testimony at a major South African corruption inquiry was briefly overshadowed Tuesday by an unscripted moment — a suspended police chief with a tissue stuck to his brow.

Julius Mkhwanazi, the former deputy chief of the Ekurhuleni Metropolitan Police Department, was testifying before the Madlanga Commission when the awkward moment unfolded.

Mkhwanazi, who was suspended in November 2025 amid misconduct allegations, had been wiping sweat from his face after answering questions from the commission.

Part of the tissue, however, remained stuck to his head.

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PRO GOLFER HOSPITALIZED AFTER FALLING DOWN ELEVATOR SHAFT IN FREAK ACCIDENT IN SOUTH AFRICA

Julius Mkhwanazi, the former deputy chief of the Ekurhuleni Metropolitan Police Department, testifies at the Madlanga Commission of Inquiry at Brigette Mabandla Judicial College on April 14, 2026 in Pretoria, South Africa. (SABC News)

The slip didn’t go unnoticed for long. Justice Mbuyiseli Madlanga halted proceedings as the room took in the scene.

Advocate Sesi Baloyi SC and Mbuyiseli Madlanga attend the Madlanga Commission of Inquiry at Brigette Mabandla Judicial College in Pretoria on April 14, 2026. The commission was established by President Cyril Ramaphosa to investigate allegations made by KwaZulu-Natal Police Commissioner Lt. Gen. Nhlanhla Mkhwanazi that South Africa’s criminal justice system was compromised. (Frennie Shivambu/Gallo Images)

“Oh, you have a tissue stuck on your forehead,” Madlanga tells the ex-police chief.

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“I’m sweaty,” Mkhwanazi says. “Thank you, thank you.”

Julius Mkhwanazi testifies at the Madlanga Commission of Inquiry at Brigette Mabandla Judicial College in Pretoria, South Africa, on April 14, 2026. (Frennie Shivambu/Gallo Images)

SOUTH AFRICAN PRESIDENT THANKS PUTIN AFTER 17 MEN ‘LURED’ TO RUSSIAN FRONT LINES BEGIN RETURNING HOME

The Madlanga Commission is a public inquiry probing allegations of corruption and political interference in South Africa’s justice system. The current inquiry has been hearing testimony from current and former law enforcement officials.

Former deputy police chief Julius Mkhwanazi testifies at the Madlanga Commission of Inquiry at Brigette Mabandla Judicial College in Pretoria, South Africa, on April 14, 2026. The commission was established by President Cyril Ramaphosa to investigate allegations made by KwaZulu-Natal Police Commissioner Lt. Gen. Nhlanhla Mkhwanazi about compromises in South Africa’s criminal justice system. (Frennie Shivambu/Gallo Images)

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Mkhwanazi has been under scrutiny since an internal audit recommended his suspension as part of a broader probe into alleged misconduct.

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