Monday, 17 October 2016

Russia Today's UK bank accounts closed down, says editor

Russia Today's UK bank accounts closed down, says editor

Unclear whether UK government responsible for shutting down accounts of Moscow’s main instrument of propaganda in English-speaking world

The UK bank accounts of Russian TV broadcaster Russia Today have been shut down, its editor-in-chief has said, in a move that the UK government appears to have been aware of.

In a tweet in Russian Margarita Simonyan said that “all the accounts” had been closed in the UK. She said the decision was final, adding sarcastically: “Long live freedom of speech!”

The channel received a letter from NatWest bank, Simonyan said, that read: “We have recently undertaken a review of your banking arrangements with us and reached the conclusion that we will no longer provide these facilities.”

The bank said the entire Royal Bank of Scotland Group, of which NatWest is a part, would refuse to handle RT. According to Simonyan, the letter said the decision was final and that it was “not prepared to enter into any discussion in relation to it”. NatWest said the station’s accounts will be closed down by 12 December.

Treasury sources said the bank had taken its decision independently. “It’s up to banks to decide,” one said. The source said the UK government has not introduced any fresh sanctions or “obligations” against Russia since February 2015.


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