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Bill to freeze Russia's assets for Ukraine's recovery introduced in US Congress

It will allow faster confiscation of assets of Russian oligarchs under sanctions. 

Bill to freeze Russia's assets for Ukraine's recovery introduced in US Congress
Photo: EPA/UPG

A document titled The Asset Seizure for Ukraine Reconstruction Act has been submitted to the US Congress. Both Democrats and Republicans are among its co-authors.

"The draft law will give the US Department of Justice the necessary tools to confiscate assets of sanctioned Russian oligarchs more quickly. The proceeds from these assets will be transferred to Ukraine for our resilience and recovery," PM Denys Shmyhal said

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