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Unpaid vendors want the tech giant's division in Russia to be declared bankrupt...
Alphabet, the owner of Google and of its Russian subsidiary Google LLC, owes millions of dollars to local vendors, who want their sector of the tech giant's global operations to be declared bankrupt, TASS reported on Monday, citing minutes from the first meeting of the company's creditors in Russia.
According to the news agency, the total amount of Google LLC's monetary liabilities as of the end of August
topped 20.1 billion rubles ($211 million).The creditors' meeting was attended by representatives of eight vendors, including Izhevsk Radio Plant and the 2GIS mapping service, as well as agents of Russia's Federal Tax Service. It was decided that
these providers will now apply to the Moscow Arbitration Court to demand Google LLC be declared bankrupt. This would give them a chance to recoup some of their losses via the courts.
Google has been under pressure in Russia since the end of 2021 over
its failure to delete content Moscow had deemed illegal and for restricting access to some Russian media on YouTube. Over this period, authorities slapped Google LLC with several
hefty fines.
In April last year, reports emerged that the company had failed to pay up, resulting in the seizure of Google's Russian accounts.
Comment: Third party opinions have an affect, perhaps seen as more objective.