IT House reported on May 18 that the Russian satellite news agency previously reported that the Russian branch of the American Google company started its own bankruptcy.
In response, a Google spokesperson told Reuters,Russian authorities have seized Google Russia bank accountsmaking its Russian branch inoperable.
A Google spokesperson said: “Google Russia has issued notice of intent to file for bankruptcy. “
IT House understands that it was previously reported that on Wednesday, local time, data from the Federal Register of Economic Activity Subjects in the Russian Federation showed that the Russian branch of IT giant Google started its own bankruptcy proceedings for failing to meet its financial obligations.
According to the claims filed by the Russian media regulator Roskomnadzor, as of now, Google needs to pay more than 7.2 billion rubles (about 756 million yuan) in turnover fines.
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