"U.S. Sends Oligarchs' Cash to Ukraine, Kremlin Loses Control"

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Source: Yahoo Canada Finance
"U.S. Sends Oligarchs' Cash to Ukraine, Kremlin Loses Control"
Photo: Yahoo Canada Finance
TL;DR Summary

The Kremlin has expressed outrage after the U.S. announced it would be sending $5.4 million seized from sanctioned Russian oligarchs to Ukrainian veterans. The move comes just a day after Moscow's forces killed 16 civilians in Ukraine. While the U.S. State Department has not disclosed the specific individuals whose assets are being handed over, the amount matches that ordered seized from oligarch Konstantin Malofeyev, who was indicted for evading sanctions and running pro-Kremlin media outlets. This marks the first time funds confiscated from Kremlin allies are being redirected to Ukraine, with U.S. Secretary of State Antony Blinken stating that those who enabled Putin's aggression should pay for it.

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