“US authorizes historic transfer of seized funds from Russian oligarch to Ukraine”

US Attorney General Merrick Garland has approved for the first time the transfer to Ukraine of confiscated assets of a Russian oligarch. These funds belong to Konstantin Malofeyev, who is accused of funding Russian proxies in Russian-occupied Crimea in 2014. will not be the last,” the prosecutor said. Already in February, after meeting with the Attorney General of Ukraine, Andriy Kostin, Garland authorized the use of $5.4 million in confiscated assets that had been handed over to the State Department to support Ukraine. In December 2022, the US Senate approved an amendment allowing the transfer of seized assets belonging to Russian oligarchs to the people of Ukraine.