The Russian government has seized the local bank account of the internet giant. This has made it impossible for the local office to continue operating.
The seizure of the bank account by the Russian authorities made it impossible for the Russia office to function.
The notice of the intention to file for bankruptcy has been published. People in Russia rely on our services to access quality information and we will continue to keep free services.
Early on in Russia's invasion of Ukraine, YouTube demonetised Russian state-owned channels and restricted access to them from within the country. The Russian government accused Google of serving ads that contained false information about the invasion, prompting the company to suspend all advertising in the country.
Even after the closing of its Russian office, the company has pledged that its services will still operate in Russia.
It isn't clear what reason the Russian government gave for seizing the bank account. Further clarification has been reached out to Google by Mashable.
It seems that pausing most of its Russian commercial operations to stop ads about Ukraine may not have been enough to secure a place in the Russian government's good books.