Kremlin decries Unites States plan to give seized Russian money to Ukraine

| Reuters | Sep 7, 2023, 16:32 IST

A US plan to send Ukraine funds seized from Russian businesspeopl... Read More

MOSCOW: A US plan to send Ukraine funds seized from Russian businesspeople targeted by sanctions is illegal and any such actions will be contested, Kremlin spokesman Dmitry Peskov said on Thursday.

US secretary of state Antony Blinken said on a visit to Kyiv on Wednesday that Washington was transferring to Ukraine $5.4 million in "assets seized from sanctioned Russian oligarchs, which will now be used to support Ukrainian military veterans".

Peskov told reporters: "This is hard to imagine and it goes against everything in international law and those countries' national law. But as soon as an opportunity presents itself, we will defend our rights."

Peskov said some Russian entrepreneurs had already secured court rulings in European countries finding such transfers illegal.

"Not a single case of such illegal retention will be left unattended," he said.

Top Comment

Selena Gomez

436 days ago

American funds could never be freezed because America can print as many dollars as it wants. So, its the dollar that has been weaponized by America. This is what they have been doing for years. America especially has been a country splurging on debts for almost a century now. Their people have been taught to spend while the world saves to pay for the American Dream. The dynamics are rapidly changing and as countries start trading more and more in their local currencies, then in a decade or two the American dream, like the American debt, would no longer be sustainable.

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