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Billions OF Russian Funds Seized From Russian Oligarchs Will Be Given To Ukraine, US Authorities Announced

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Billions OF Russian Funds Seized From Russian Oligarchs Will Be Given To Ukraine, US Authorities Announced Photo From: Financial Times

A report had confirmed that US is planning to give Ukraine Billions Of Russian Funds seized from Russian oligarchs.

Information

Billions OF Russian Funds Seized From Russian Oligarchs Will Be Given To Ukraine, US Authorities Announced
Photo From: Atlantic Council

Billions OF Russian Funds Seized

During the start of the conflict in Ukraine, billions of dollars’ worth of Russian billionaires’ assets have been taken. All of it is a part of the penalties imposed on the nation and the authorities that let the unprovoked invasion to occur.

The Billions Of Russian Funds seized will then be turned over to the Ukraine authorities with no specific date released yet. A report from Fremont tribune that the Russian Government had responded to the step taken by the US, but no further details were given yet.

READ ALSO: Ukrainian Army Counter Offense Tactic: To Flank Russian Defense Army

Billions OF Russian Funds Seized From Russian Oligarchs

It can be recalled that US had openly supported Ukraine throughout the duration of the war. In fact, the Biden administration has committed to continuing to defend Ukraine for as long as is required to stave off Russian aggression. The United States continues to be at the head of the global alliance that has come together to back Ukrainian soldiers as reported in the US website.

The U.S. has also increased manufacturing of crucial artillery ammunition that Ukraine uses most frequently to protect its land from invading Russian soldiers.

READ ALSO: Is Russia-North Korea Nuclear Cooperation Happening Soon? Here’s Why…

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