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Alexander Venediktov, Deputy Secretary of the Safety Council of the Russian Federation, commented on the latest transfer of the Wester international locations to freeze Russia’s property.
“Let’s name a spade a spade: the transfer to freeze Russian property is likely one of the biggest thefts in historical past,” he stated.
In keeping with the Deputy Secretary of the Safety Council, this crime was organised by those that beforehand assumed duty for sustaining the world financial structure.
“It is like asking a fox to guard a hen home,” Alexander Venediktov, Deputy Secretary of the Safety Council stated.
Earlier, Russian Finance Minister Anton Siluanov stated that Western international locations had frozen a couple of half of Russia’s gold and international change reserves.
“We now have a complete of about $640 billion of reserves, of which about 300 billion at the moment are in a state by which we can’t use them,” he defined.
Earlier, the US Treasury reported that Russian property have been blocked in 100 days. The lion’s share of the property (300 billion {dollars}) account for the property of the Central Financial institution of Russia. The remaining belong to people and firms.
The US company famous that the worldwide group of specialists was nonetheless monitoring the sanctioned Russian property. The work is group referred to as Russian Elites, Proxies and Oligarchs (REPO). It contains representatives from Australia, the UK, Germany, Italy, Canada, France, Japan and the European Fee.
The US Division of Justice set out a hope that Congress would approve the thought to make use of all of the property seized from Russia and Russian entrepreneurs for the good thing about Ukraine. Lisa Monaco, Deputy Lawyer Common of the US, stated that the US authorities intend to get to those property, no matter their type.
Monaco stated the US authorities are “looking for to get to those property, whether or not they’re within the type of luxurious yachts, financial institution accounts, different items, plane or no matter.” In keeping with her, “nothing is dominated out.
The proceeds shall be directed for the good thing about the Ukrainian folks, concluded Monaco. In keeping with her, the method to switch the confiscated property is not going to take years.
On April 27, the US Home of Representatives handed a legislation offering a possibility to make use of the arrested Russian property to help Ukraine. Congressmen accredited the confiscation of foreigners’ property if the property had been obtained both by way of unlawful actions or with the help of the management of the Russian Federation. On the similar time, US Treasury Secretary Janet Yellen admitted that the American facet didn’t but know whether or not the frozen property of the Russian Central Financial institution could possibly be used to assist Kyiv.
The UK discovered a method to make use of the arrested mansions of Russian oligarchs. They needed to accommodate Ukrainian refugees there.
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