Central Bank of Russia Confirms Putin Regime Steals Money From People to Fund War - The Russian Dude

The Putin regime is quietly laying the groundwork for one of the largest state-led property seizures in modern Russian history, with the Central Bank of Russia effectively confirming that mass asset grabs could soon be used to fund the war in Ukraine. Behind the scenes, new Constitutional Court rulings have gutted private property rights, allowing prosecutors to reopen decades-old privatization cases at will—meaning apartments, businesses, and factories can be seized under the guise of “correcting the wrongs” of the 1990s. This isn’t reform, it’s a mafia-style nationalization drive, building on years of Kremlin asset takeovers from media and energy giants to tech platforms like VK. Under Putin’s monopoly state capitalism, industries are stripped of competition, transformed into political tools, and used as piggy banks for loyalists, while ordinary Russians are left footing the bill. From the early 2000s Yukos raid to today’s coordinated enterprise inspections, the pattern is clear: consolidate all wealth and power under Kremlin control, crush any independent economic influence, and sacrifice the country’s future for short-term political survival. With war costs spiraling and military spending unchecked, Russia’s economy is on the brink—turning to outright theft from its own citizens as the final desperate measure.