US approves first transfer of seized Russian funds to Ukraine
The Biden administration has sought increased powers to send seized assets from Russian sanctions evaders to aid Kyiv.
United States Attorney General Merrick Garland has authorised the first transfer of funds seized from Russian oligarchs to aid Ukraine.
In a statement on Wednesday, Garland said the money seized from Russian oligarch Konstantin Malofeyev will go towards the war-torn country, which Russia invaded on February 24, 2022. ---More...
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