US to Send $5.4M in Seized Russian Oligarch Assets to Aid Ukraine Veterans

The US announced plans to send $5.4 million in seized Russian oligarch assets to Ukraine to support military veterans.
The assets originally belonged to Russian oligarch Konstantin Malofeyev before being seized by the US.
Russia responded angrily, with Kremlin spokesperson Dmitry Peskov calling the asset transfer illegal.
The asset seizure and transfer comes amid a US crackdown on Russian oligarchs since the invasion of Ukraine began.
The new military aid for Ukraine was announced alongside the asset transfer during a visit by Secretary of State Antony Blinken.

businessinsider.com

Relevant topic timeline:

9/6/2023

A Russian strike on a market in eastern Ukraine kills 17 and wounds dozens, officials say

A Russian missile struck an outdoor market in eastern Ukraine, killing 17 people and injuring dozens, as U.S. Secretary of State Antony Blinken arrived in Kyiv to announce over $1 billion in new American funding for Ukraine in the ongoing war.

9/6/2023

Blinken announces $1 billion Ukraine aid package during surprise visit

U.S. Secretary of State Antony Blinken announced a new aid package for Ukraine worth over $1 billion, including $175 million for weapons, bringing U.S. security assistance to more than $43.2 billion since the start of Russia's invasion.

9/7/2023

Kremlin Loses the Plot as U.S. Sends Oligarchs’ Cash to Ukraine

The Kremlin is outraged after the US announced that $5.4 million seized from sanctioned Russian oligarchs will be sent to Ukrainian veterans, with Putin's spokesman calling it "lawlessness" and vowing that no such case of illegal retention will go unanswered.

9/16/2023

Russian-Backed Crimea Authorities to Sell Off Ukrainian Properties, Including One of Zelenskyy's

Russian-installed authorities in Crimea plan to sell approximately 100 Ukrainian properties, including one belonging to Ukrainian President Volodymyr Zelenskiy, with contracts already exceeding 815 million roubles ($8.51 million).

9/22/2023

Biden Beefs Up Military Aid to Ukraine After Zelensky's U.S. Visit

The Biden administration announced an aid package of up to $325 million for Ukraine to support its critical security and defense needs in its fight against Russia, coinciding with Ukrainian President Zelensky's visit to Washington, D.C.

9/24/2023

U.S. Provides Over $70 Billion in Aid to Ukraine, Equivalent to 5% of Defense Budget, As Kyiv Continues Fight Against Russia

The debate over providing additional funding to Ukraine intensifies as the US has sent over $70 billion worth of aid since Russian troops invaded Ukraine, with some Republicans opposing further funding and demanding more oversight.

Topics

Posted 9/8/2023, 12:06:00 AM

US to Send $5.4M in Seized Russian Oligarch Assets to Aid Ukraine Veterans

The US announced plans to send $5.4 million in seized Russian oligarch assets to Ukraine to support military veterans.
The assets originally belonged to Russian oligarch Konstantin Malofeyev before being seized by the US.
Russia responded angrily, with Kremlin spokesperson Dmitry Peskov calling the asset transfer illegal.
The asset seizure and transfer comes amid a US crackdown on Russian oligarchs since the invasion of Ukraine began.
The new military aid for Ukraine was announced alongside the asset transfer during a visit by Secretary of State Antony Blinken.

businessinsider.com

Relevant topic timeline:

9/6/2023

A Russian strike on a market in eastern Ukraine kills 17 and wounds dozens, officials say

9/6/2023

Blinken announces $1 billion Ukraine aid package during surprise visit

9/7/2023

Kremlin Loses the Plot as U.S. Sends Oligarchs’ Cash to Ukraine

9/16/2023

Russian-Backed Crimea Authorities to Sell Off Ukrainian Properties, Including One of Zelenskyy's

9/22/2023

Biden Beefs Up Military Aid to Ukraine After Zelensky's U.S. Visit

9/24/2023

U.S. Provides Over $70 Billion in Aid to Ukraine, Equivalent to 5% of Defense Budget, As Kyiv Continues Fight Against Russia