Today, April 28, U.S. President Joe Biden will submit a proposal to Congress for a legislative project. Photo: Internet The project provides for the creation of a simplified administrative body to arrest and confiscate the assets of Russian oligarchs and direct these funds to Ukraine. The White House notes that the United States will “use […]
Today, April 28, U.S. President Joe Biden will submit a proposal to Congress for a legislative project.
Photo: InternetThe project provides for the creation of a simplified administrative body to arrest and confiscate the assets of Russian oligarchs and direct these funds to Ukraine.
The White House notes that the United States will “use the confiscated funds of the oligarchs to compensate for the damage caused to Ukraine by Russian aggression.”
The U.S. Department of the Treasury has imposed sanctions and blocked ships and aircraft worth over $1 billion, as well as frozen assets worth hundreds of millions of dollars in American bank accounts belonging to the Russian elite, the White House reported.