Putin denounced freezing of Russian assets as 'theft' which 'will not go unpunished'

President Vladimir Putin on Friday denounced the freezing of Russian assets by the West as "theft" and vowed that it would not go "unpunished" in a speech at the Russian Foreign Ministry. Putin’s remarks came on the heels of a deal by the Group of Seven industrialized nations for a $50 billion loan package for Ukraine using frozen Russian assets.