By Maya Lester KC & Michael O’Kane

US authorises first transfer of seized Russian assets to Ukraine

The US Attorney General, Merrick Garland, has announced that $5.4 million forfeit from US sanctioned Konstantin Malofeyev will be transferred directly to Ukraine.  It is unclear exactly how the assets will be used, but the state department has indicated that the proceeds will be used to “help rebuild Ukraine”. The US court granted the forfeiture order in February 2023, following …

RussiaRussia UkraineUkraine United StatesUnited States

About Maya Lester KC

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human...

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