Biden releases proposal to seize Russian oligarchs’ U.S. assets and give to Ukraine
Admin
Apr 30, 2022 08:25
72
n a step to redirect Russian wealth towards the rebuilding of Ukraine, some of whose cities have been decimated by sustained battering from invading Russian forces since the end of February, U.S. President Joe Biden announced he would propose that U.S.- based assets of Russian oligarchs be seized and directed towards Ukraine. Mr. Biden’s proposal was announced as part of a larger announcement that he was asking the U.S. Congress to approve an additional $33 billion dollars in security, humanitarian and economic assistance for Ukraine.
