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Confiscate Russian assets to aid Ukraine

A yacht of a Russian tycoon was seized by Italian police. (Image: Getty)

This is information given by the leader of the Democratic majority in the US Senate, Chuck Schumer, on May 1.

Speaking at a news conference in New York City, Schumer said the administration of President Joe Biden had asked lawmakers to add provisions to the aid bill to help them seize assets, liquidate them. them and transfer money to Ukraine.

President Biden on April 28 asked the US Congress to pass the bill aid to Ukraine worth $33 billion. This massive aid will provide arms, ammunition and other military assistance, as well as economic and humanitarian aid directly to Ukraine. US House of Representatives Speaker Nancy Pelosi said she would soon approve this aid package.

Earlier, on April 27, the US House of Representatives passed a legislative initiative related to the US government’s seizure of some assets related to the Russian Federation in order to sell them and provide more. support for Kiev, including military. Under this initiative, the President of the United States is required to “take all steps prescribed by the constitution to seize and withdraw in the jurisdiction of the United States the property of aliens whose funds were obtained in part by embezzlement.” corruption”, which is said to be possibly linked to Russian authorities. In addition is the property received by the owner as a result of assistance to the authorities of the Russian Federation.

Confiscate Russian assets to aid Ukraine - Photo 1.

Senate Majority Leader Chuck Schumer. (Photo: AP)

The document states that measures should be taken against assets valued at $2 million or more, including those owned by Russian energy companies. The property should be sold and the proceeds should be used to restore Ukraine, provide military and humanitarian assistance, and assist its people to resettle in other countries. In addition, the possibility of using these funds for “humanitarian aid and support for the development of the Russian people, including in the field of democracy, programs in the field of human rights and their monitoring “.

Related to Russia-Ukraine conflict, also on May 1, the first group of about 40 civilians were evacuated from the Azovstal steel mill in the city of Mariupol, Ukraine. The evacuation convoy bears the emblem of the United Nations.

According to Ukrainian President Volodymyr Zelensky, this group of 40 people will arrive in the city of Zaporizhzhia on the morning of May 2 (local time). The next civilian evacuation will begin at 8:00 a.m. on May 2 (local time).

The evacuations come after the United Nations Secretary-General’s visits to Russia and Ukraine over the past week.

The city of Mariupol is under Russian control, but Ukrainian forces and civilians remain underground in the Azovstal construction, a vast ex-Soviet factory designed with a maze of buildings. bunkers and tunnels to fend off attacks.

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