US Attorney General Merrick Garland has announced that confiscated assets of Konstantin Malofeyev, Russian oligarch and founder of Tsargrad TV channel, will be used to support Ukraine, CNN quotes him as saying.
“Today, I am announcing that I have authorised the first ever transfer of forfeited Russian assets for use in Ukraine,” he said. “These forfeited assets follow the announcement I made last April of the indictment of designated Russian oligarch Konstantin Malofeyev, on charges of sanctions evasions.”
Garland’s Ukrainian counterpart Andriy Kostin also confirmed it. According to him, the $5.4 million of Malofeyev’s seized assets will be allocated to offset the damages caused to Ukraine in the war.
“The handover of confiscated Russian assets to Ukraine for its revival has been approved for the first time in history. I know that it’s only the beginning. I believe that in time there will be no place in the civilised world for Russian oligarchs and their fortunes made on blood,” Kostin wrote.