234 clashes occur at front on Dec. 22: Ukrainian forces target Russian ammo depot
US transfers Russian oligarch's confiscated funds to Ukraine for the first time
On February 3, the US Attorney General for the first time allowed the transfer of confiscated funds, namely USD 5.4 million, of Russian oligarch Konstantin Malofeyev to Ukraine
client/title.list_title
CNN reports that during a meeting with Ukrainian Prosecutor General Andrii Kostin, US Attorney General Merrick Garland announced the first transfer of confiscated assets due to sanctions against a Russian oligarch.
“Today, I am announcing that I have authorized the first ever transfer of forfeited Russian assets for use in Ukraine. These forfeited assets follow the announcement I made last April of the indictment of designated Russian oligarch Konstantin Malofeyev, on charges of sanctions evasions,” Garland said.
He explained that according to the document, the seized funds will be transferred to the State Department to support the people of Ukraine.
“Today, we are witnessing the authorization of transfer of the confiscated assets in the amount of USD 5.4 million US dollars to the State Department for the purpose of rebuilding war ravaged Ukraine,” Kostin added.
Leave a comment
Read also:
- News
2024, Monday
23 December
10:56
Review
Explosions and fires hit key Russian military sites: Rostov, Murmansk, occupied Donetsk region
09:58
Russian warehouse housing $16 million in Shahed drone parts goes up in flames - Ukrainian intel
2024, Sunday
22 December
17:56
Review
Destroying radars and blinding enemy air defense: Insights into the AGM-88 HARM missile that shocked Russia
15:49
EU prepares new sanctions package against Russia for third anniversary of full-scale invasion of Ukraine
