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.

-- Aljazeera, --May 11, 2023

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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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