Confiscating $300B in frozen Russian assets would provide Ukraine with a better opportunity to win the war, the most critical issue for the country today, according to Bill Browder, head of the British investment fund Hermitage Capital Management.
“If this money is confiscated and allocated to Ukraine’s defense, then Ukraine will have a much longer runway to continue defending itself, and the vast economic disparity between Russia and Ukraine will diminish,” the expert stated.
He noted that Western support that has been provided since the beginning of the war has been crucial, but Putin always believed that the West would eventually tire of financing the war, and to some extent, that calculation proved correct. So, when Putin’s economy is now “hanging on a thread,” it is crucial to support Ukraine by providing the country with confiscated Russian funds.
Browder also emphasized that the legal difficulties in confiscating these funds pale compared to the price the West will pay if Ukraine loses. Therefore, if Trump does not want to give Ukraine American money, then it is necessary to take this $300B.