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Espreso Global news US Attorney General allows transfer of forfeited Russian funds to Ukraine

US Attorney General allows transfer of forfeited Russian funds to Ukraine

11 May, 2023 Thursday

11:46

US Attorney General Merrick Garland authorized the first transfer of confiscated Russian assets for use in Ukraine

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This is reported by Reuters.

This applies to the funds of the Russian oligarch Konstantin Malofeyev, which were confiscated by the US court due to accusations of sanction evasion.

"While this represents the United States’ first transfer of forfeited Russian funds for the rebuilding of Ukraine, it will not be the last,” said US Attorney General Merrick Garland.

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