No menu items!

Biden wants to liquidate Russia’s assets for the benefit of Ukraine

Share This Post

- Advertisement -

US President Joe Biden is asking Congress to give him more opportunity to appropriate assets owned by Russian oligarchs and use them to support Ukraine.

- Advertisement -

The goal is to make The Russian government and oligarchs are responsible for the presidential war [Vladimir] Putin in Ukraineexplanation by the White House in a press release published Thursday morning.

This set of measures will establish new powers for the confiscation of assets associated with Russia’s kleptocracy, allow the government to use the proceeds to support Ukraine, and strengthen law enforcement tools.

A quote from the White House in a statement

The Trudeau government also aims to give itself the power to seize assets associated with relatives of the Russian regime, confiscate them and liquidate them in order to compensate the victims of the war in Ukraine.

- Advertisement -
A military -exhausted man entered a tank.

The White House announcement came hours before a speech President Biden was to deliver this morning to provide an update on the war in Ukraine.

More details to come.

Source: Radio-Canada

- Advertisement -

Related Posts