The United States plans to send Russian assets to Ukraine.
Thursday, April 20, 2023
The US Justice Department wants more authority from Congress to give Ukraine money obtained from the seizure and sale of wealthy Russians’ assets, Deputy Attorney General Lisa Monaco said.
The department has limited authority to use proceeds from those assets but can only do so in cases involving the evasion of sanctions against Russia, Monaco told the Senate Judiciary Committee on Wednesday.
“We frankly would like to be able to expand that authority,” Monaco said.
She added that potentially millions of dollars more could be given to Ukraine from assets confiscated in response to other crimes, such as export control violations.