US approves first transfer of seized Russian funds to Ukraine

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U.S. Attorney General Merrick Garland has authorized the first transfer of forfeited Russian assets for use in Ukraine, he said on Wednesday...

The Justice Department last year charged Russian oligarch Konstantin Malofeyev with violating sanctions imposed on Russia after its invasion of Ukraine, saying he provided financing for Russians promoting separatism in Crimea...

"While this represents the United States first transfer of forfeited Russian funds for the rebuilding of Ukraine," Garland said, "it will not be the last, he said in a statement...

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