0
0
He wants the U.S. Congress To approve an additional $ 33 billion dollars in security, humanitarian and economic assistance for UkraineIn a step to re -direct Russian wealth towards the rebuilding of Ukraine, some of which have been destroyed by sustainable beating from attacking Russian troops since the end of February, US President Joe Biden announced that he would propose that Russian Oligarchy assets were based in the US. Confiscated and directed to Ukraine. Proposal Mr. Biden was announced as part of a greater announcement that he asked the U.S. Congress. To approve an additional $ 33 billion dollars in security, humanitarian and economic assistance for Ukraine.
“We will seize cruise ships or their luxury homes and other hard benefits from Putin’s kleptocracy,” said Mr. Biden, when he delivered a comment at the White House on Thursday morning.The President’s proposal involves confiscation of Russian assets approved by the US, which is connected to certain activities that are considered to violate the law. The process, which will involve the Ministry of Finance, State and US justice, will also find the power to expand the list of assets that are potentially available for confiscation to include properties used to assist in the avoidance of sanctions. The current US law only allows confiscation of the results of violations of sanctions that do not have assets used to facilitate this process.
The proposal will also allow confiscated assets to help Ukraine. “This will ensure that when oligarchic assets are sold, funds can be used directly to fix losses caused by Russia,” said Mr. Biden.TREASURY A.S. has given sanctions and blocks Russian aircraft and ships worth more than $ 1 billion, according to a statement from the White House on Thursday. European Union countries have reported freezing of more than $ 30 billion in assets, including nearly $ 7 billion in real estate, helicopters, ships and artwork, according to the White House.
Asked last week about the US using frozen assets from the Russian central bank to help rebuild Ukraine, US Finance Secretary Janet Yellen Demurred, said it might involve legislative changes. “I am unclear whether it is possible or not without law that ratified the use of the assets,” said Ms. Yellen, adding the US is necessary “carefully” assessing the consequences before doing so.”I don’t want to do it lightly and that is something that I think the coalition and our partners need to feel comfortable and supportive,” he said. Civil freedom groups have told previous parliamentary members in April that a similar plan, floating in March, could violate the rights of the process because what was given by the U.S. Constitution, because, Washington Post reported.
Average Rating