This article was originally published by Radio Free Europe/Radio Liberty and is reprinted with permission.
U.S. Attorney General Merrick Garland announced on February 3 that the frozen assets of a Russian oligarch will be transferred to Ukraine. “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.
