ARTICLE
US to confiscate Russian assets to rebuild Ukraine, - Attorney General Garland
News Censor.NET World
17.04.23
https://censor.net/en/n3412720
U.S. Attorney General said that, thanks to new legislation, it is possible to transfer confiscated Russian assets to Ukraine.
As informs Censor.NЕТ, it was reported by the U.S. Department of Justice, citing Attorney General Merrick Garland, who met with his Ukrainian counterpart Andrii Kostin.
“As I said last time, we are using the new authority granted by Congress to transfer certain assets that we have confiscated from Russian oligarchs,” the statement said.
Garland added that these assets are being used to help rebuild Ukraine.
“Our KleptoCapture Task Force - a team of prosecutors, agents, analysts, translators, and other staff - continues to bring criminal cases and make forfeitures against Kremlin sanctioned enablers and the Russian military,” Garland said. Source: https://censor.net/en/n3412720
ARTICLE
Up to $500 billion of frozen Russian assets can be used to rebuild Ukraine - Shmyhal
Censor.NET
Denys Shmyhal
https://censor.net/en/news/3412271/up_to_500_billion_of_frozen_russian_assets_can_be_used_to_rebuild_ukraine_shmyhal
The government of Ukraine is negotiating with partners on the legal justification and practical involvement of frozen Russian assets, which cover $300 to $500 billion, in projects to rebuild Ukraine’s destroyed infrastructure.
This was announced by Prime Minister of Ukraine Denys Shmyhal during a press conference on Friday in Washington, reports Censor.NЕТ with reference to Ukrinform.
“We are discussing with our partners all possible legal mechanisms on how to confiscate all these (frozen - ed.) assets and how to use them for projects to restore Ukrainian infrastructure,” Shmyhal said.
He emphasized that it is the aggressor, not international donors, who must compensate for all the losses and destruction it has caused to Ukraine.
Read more: Shmyhal discusses further support for Ukraine with finance ministers of UK, Germany and France
“We see this as the only significant, important source for Ukraine’s recovery. The amount is potentially from $300 to $500 billion,” the Prime Minister said.
He also said that this is one of the most difficult topics for the partners, but thanks to consistent work, there are already shifts. In particular, according to him, Canada has become a “driver” of the confiscation of the Russian oligarch’s funds. The next step is the confiscation of the Ruslan airplane of the Volga-Dnepr company. In addition, the United States seized the first more than $5 million and handed it over to Ukraine.
“That is, it is an open door for us to continue the conversation about the confiscation of Russian funds,” noted Shmyhal. Source: https://censor.net/en/n3412271