US Senate authorizes confiscation of Russian assets
Lawmakers agreed to the measure as part of a $1.7 trillion spending package that doles out an additional $44 billion to Kiev
The US Senate has greenlit legislation authorizing the administration of President Joe Biden to seize the American assets of Russian officials, businessmen and entities and send the proceeds to Ukraine. South Carolina Republican Senator Lindsey Graham said the change in the law would raise “billions of dollars” for Kiev.
A large part of our assets have been essentially stolen by specific Western countries,” Kremlin spokesman Dmitry Peskov stated in October. “These are absolutely illegal actions, they are contrary to international law.”