While the U.S. State Department has not disclosed exactly whose confiscated assets are being handed over to Ukrainian vets, the figure cited matches the amount ordered seized from oligarch Konstantin Malofeyev earlier this year. Malofeyev, the founder of the rabidly pro-Kremlin “Tsargrad” news outlet, was indicted by U.S. prosecutors for evading sanctions and “using co-conspirators to surreptitiously acquire and run media outlets across Europe.”
Blinken, in announcing the move in Kyiv on Wednesday, noted that it’s the first time funds confiscated from Kremlin allies are being redirected to Ukraine.
“Those who have enabled Putin’s war of aggression should pay for it,” he said.
Brilliant- well done USA!
Canada broke the ice here by seizing and gifting that AN-124 to Ukraine. It seems a similar legal mechanism was used, that is, forfeiture of assets of sanctioned individuals. Canada passed new law to enable this, the Americans seemly already had a path.
May there be many billions more.
If they are pissed off and lashing out, it’s a good thing. Send more money…
The US response should be FURIOUS nipple tweaking.
The US should give $1m of seized Russian assets to the family every time Russia kills a civilian
7 comments
Excerpt:
While the U.S. State Department has not disclosed exactly whose confiscated assets are being handed over to Ukrainian vets, the figure cited matches the amount ordered seized from oligarch Konstantin Malofeyev earlier this year. Malofeyev, the founder of the rabidly pro-Kremlin “Tsargrad” news outlet, was indicted by U.S. prosecutors for evading sanctions and “using co-conspirators to surreptitiously acquire and run media outlets across Europe.”
Blinken, in announcing the move in Kyiv on Wednesday, noted that it’s the first time funds confiscated from Kremlin allies are being redirected to Ukraine.
“Those who have enabled Putin’s war of aggression should pay for it,” he said.
Brilliant- well done USA!
Canada broke the ice here by seizing and gifting that AN-124 to Ukraine. It seems a similar legal mechanism was used, that is, forfeiture of assets of sanctioned individuals. Canada passed new law to enable this, the Americans seemly already had a path.
May there be many billions more.
If they are pissed off and lashing out, it’s a good thing. Send more money…
The US response should be FURIOUS nipple tweaking.
The US should give $1m of seized Russian assets to the family every time Russia kills a civilian
That is awesome!