Russian bailiffs seize around $120 mln from Google - Ifax


Reuters | Updated: 26-05-2022 17:42 IST | Created: 26-05-2022 17:14 IST
Russian bailiffs seize around $120 mln from Google - Ifax
Representative image Image Credit: ANI

Russian bailiffs have seized more than 7.7 billion roubles ($123.2 million) from Alphabet's Google that the U.S. tech giant had been ordered to pay as part of a fine on its turnover, Interfax news agency reported on Thursday.

Google's Russian subsidiary last week said it planned to file for bankruptcy after authorities seized its bank account, making it impossible to pay staff and vendors, but free services including search and YouTube will continue operating.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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