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US attorney general allows first transfer of Russian oligarch’s confiscated assets to Ukraine

byYuri Zoria
04/02/2023
2 minute read
US attorney general allows first transfer of Russian oligarch’s confiscated assets to Ukraine

US Attorney General Merrick Garland announced on 3 February that the frozen assets of a Russian oligarch will be transferred to Ukraine, RFE/RL reports.

“Today I am announcing that I have authorized the first-ever transfer of confiscated Russian assets for use in Ukraine,” he said.

The assets were seized after the indictment of oligarch Konstantin Malofeyev on sanctions-evasion charges. Garland said the assets will be transferred to the State Department to be spent “in support of the people of Ukraine.”

Garland made the announcement during a meeting with Ukrainian Prosecutor-General Andriy Kostin.

 

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