The $5.4 million confiscated from the Russian oligarch will be used to compensate for the damage caused to Ukraine by the Russian aggression.
This was announced by the Prosecutor General of Ukraine, Andriy Kostin. According to him, the process of transferring funds has begun. He stressed that this is the first such case with confiscated Russian assets.
“Whoever supports the war will pay sooner or later. This is justice. This is justice. Thanks to my friend US Attorney General Merrick Garland, and his team. I believe that over time there will be no place in the civilized world for Russian oligarchs and their blood-earned fortunes," Kostin said.
He said that a long cooperation between the US Department of Justice and the Office of the Attorney General preceded this decision. Costin drew attention to the unprecedented bipartisan support in the Senate and Congress.
“At the end of 2022, the United States adopted a number of important changes to the legislation. Thanks to these changes, assets confiscated from persons involved in Russian aggression can be used to support Ukraine. Every Ukrainian has suffered in one way or another from this war. Every Ukrainian should receive compensation "Of course, you can't get back what you've lost - loved ones, homes and plans for a peaceful life… And we can and must restore justice. And that means making the aggressor pay," the Prosecutor General added.
