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Ukraine Awaits US Law to Seize Assets of Russian Oligarchs


Prime Minister Denis Shmyhal hopes for the speedy adoption of a bill on the seizure of assets in favor of the restoration of Ukraine, which was recently registered in Congress. 

He reported this on his Telegram .

“A bill on the seizure of assets in favor of the restoration of Ukraine (The Asset Seizure for Ukraine Reconstruction Act) has been introduced into the American Congress. Both Democrats and Republicans are among its co-authors,” Shmygal noted. 

According to him, the bill will allow the US Department of Justice to quickly confiscate the assets of sanctioned Russian oligarchs. The proceeds from these assets will be donated to the sustainability and recovery of Ukraine.

The Prime Minister added that he hopes for the speedy adoption of this initiative. 

“We are working to ensure that all Russian money frozen in the West, in particular sovereign assets, is confiscated in favor of Ukraine,” Shmygal concluded.

Source : Економічна Правда

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