The Biden administration has sought increased powers to send seized assets from Russian sanctions evaders to aid Kyiv.

US approves first transfer of seized Russian funds to Ukraine

By News on the Net -- Aljazeera——Bio and Archives--May 11, 2023

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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News on the Net——Bio and Archives

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