U.S. Attorney General authorizes first transfer of forfeited Russian assets for use in Ukraine

U.S. Attorney General authorizes first transfer of forfeited Russian assets for use in Ukraine

Politics

U.S. Attorney General Merrick Garland has authorized the first transfer of forfeited Russian assets for use in Ukraine. Cereport reports citing Ukrinform

The relevant statement was made by U.S. Attorney General Merrick Garland on Wednesday, an Ukrinform correspondent reports, referring to Reuters.

In particular, last year the U.S. Department of Justice charged Russian oligarch Konstantin Malofeyev with violating sanctions imposed on Russia after its invasion of Ukraine, saying he provided financing for Russians promoting separatism in Crimea.

At that time, Garland also announced “the seizure of millions of dollars from an account at a U.S. financial institution traceable to Malofeyev’s sanctions violations.”

“While this represents the United States’ first transfer of forfeited Russian funds for the rebuilding of Ukraine, it will not be the last,” Garland emphasized.

A reminder that, on February 2, 2023, a federal district judge in New York ruled that prosecutors might seize $5.4 million belonging to Russian oligarch Konstantin Malofeyev, paving the way for the funds to be used for Ukraine’s reconstruction.

Tags

Related articles

Radev, Erdogan Discuss Bilateral Relations, War in Ukraine and Gaza Conflict
Bulgarian President Rumen Radev met with Turkish President Recep Tayyip Erdoğan in Antalya and discussed with him bilateral relations, the war in Ukraine and the Gaza conflict, said the Directorate of Communications with the Turkish Presidency. The meeting took place on the sidelines of the 3rd Antalya Diplomacy Forum.
US reportedly prevents UN Security Council reaction to Gaza aid attack
During Security Council meeting at UN headquarters in New York, member states discussed issuing statement in response to attack on humanitarian aid convoy in Gaza City
Members of the BiH Presidency to attend the Antalya Diplomacy Forum
Chairman of the BiH Presidency Željko Komšić and members of the BiH Presidency Denis Bećirović and Željka Cvijanović will participate, at the invitation of the President of the Republic of Turkiye, Recep Tayyip Erdoğan, at the 3rd Diplomacy Forum in Antalya, which will be held on March 1-3.
Former Businessman Vassil Bojkov Presents Political Project
Former gambling mogul and oligarch Vassil Bojkov presented his new political project National Movement "Centre" on Thursday in Sofia.
Mitsotakis: 'The prices of more than 1500 products are expected to be lower in March'
The issues to be addressed by Thursday's cabinet meeting also concern the government's overall effort to improve the daily life of citizens, Prime Minister Kyriakos Mitsotakis said in his opening remarks to ministers, at the start of the meeting.
Kajganić and representatives of France on the fight against human trafficking
Chief Prosecutor of the Prosecutor's Office of Bosnia and Herzegovina, Milanko Kajganić, presided over the meeting of the Task Force for Combating Trafficking in Human Beings and Organized Illegal Migration, which was attended by representatives of all police and security structures in Bosnia and Herzegovina, prosecutors of the Department for Human Smuggling and Human Trafficking, as well as representatives of the Office for the Fight against Illicit Trafficking of Migrants (OLTIM) from France with director Xavier Delrieu and deputy director Pierryck Boulet.
Moldovan president in Tirana speaks about importance of Europe's unity before security dangers
President Maia Sandu, along with the leaders of the South-East Europe countries have reiterated the commitment to continue backing Ukraine and promoting the regional cooperation for a safer and stronger Europe, at the Ukraine-South Eastern Europe Summit held in Tirana.
Iohannis:Before pursuing an international career, high performing researchers must be given opportunity to have a career in Romania
President Klaus Iohannis emphasized, on Tuesday, in a message read by presidential advisor Diana-Loreta Paun, the importance of providing visibility and recognition to high-performing researchers, noting that it is essential that, before pursuing an international career, they are given the chance to have a career in the country.
“Ukraine – Southeast Europe” Summit today in Tirana
Today, Albania hosts the “Ukraine-Southeast Europe” Summit. President of Ukraine Volodymyr Zelenskyy, at the same time co-organizer of the Summit, together with Prime Minister Edi Rama, visits Tirana for the first time to participate in the work of the Summit and other important events.
Moldovan PM says institutions in charge of combating corruption must act as efficiently as possible, for all citizens' benefit
The visions as to the anticorruption policies, legislative changes from the last years and the need of coordinating the actions have been some of the subjects discussed at the second meeting of the Anticorruption Platform, held at the Justice Ministry’s headquarters. Prime Minister Dorin Recean stressed that the institutions in charge of combating corruption must cooperate and act as efficiently as possible, for the benefit of all Moldovan citizens.
Biden wins Michigan but faces 'uncommitted' votes in protest of his Gaza policy
Donald Trump also wins another primary against his main rival Nikki Haley

Most read

Press Releases

Features

Radev, Erdogan Discuss Bilateral Relations, War in Ukraine and Gaza Conflict
Bulgarian President Rumen Radev met with Turkish President Recep Tayyip Erdoğan in Antalya and discussed with him bilateral relations, the war in Ukraine and the Gaza conflict, said the Directorate of Communications with the Turkish Presidency. The meeting took place on the sidelines of the 3rd Antalya Diplomacy Forum.