US intends to punish oligarchs who support Putin

A bill to seize the assets of Russian oligarchs has been introduced in the US Congress. The authors of the document intend to use the profits to replenish Ukraine's recovery fund.

This was reported by the Vice Speaker of the Verkhovna Rada Olena Kondratiuk. She noted that the key authors of the document were Senators Sheldon Whitehouse and Lindsey Graham.

"It is important that the bill was sponsored by senators from both Democratic and Republican parties. We are grateful for the bipartisan support in the struggle to restore justice for Ukraine," the statement said.

At the same time, Kondratiuk emphasized that the oligarchs controlled by Russian President Volodymyr Putin "are a reliable financial support for the racist regime." In addition, like politicians, government officials, and the Russian military, these people are accomplices in the aggression against Ukraine. Therefore, "they must pay for the restoration and reconstruction of Ukraine in full."

In addition, the Vice Speaker of the Parliament quoted one of the authors of the document, Senator Whitehouse, who emphasized, "Putin and his oligarch friends launder their dirty money when they buy superyachts, priceless works of art and other precious assets in countries where there is a rule of law. We must close access to the havens of the oligarchs' wealth and punish those who support Putin," he called.

The EU has come up with a way to "make" Russia pay Ukraine for the war

At the same time, the European Union wants to use the funds received from the income tax on Russia's frozen assets to support Ukraine. The European Commission (EC) intends to submit such a plan soon. It is expected to happen on December 12.

According to Bloomberg, European officials propose to impose a tax on the profits from more than $218 billion of the Russian central bank's assets held in the EU. At the same time, it is noted that the Russian assets frozen in the Belgian clearing house Euroclear have brought almost 3 billion euros in profit since their blocking and until the third quarter of 2024. And "this figure is expected to continue to grow."

"The European Commission is tentatively planning to publish a draft law on December 12 on the introduction of a windfall tax on profits from frozen assets... to help Ukraine's recovery," analysts said.

As reported, in general, Russian money frozen in Europe is already beginning to be used for the benefit of Ukraine. However, so far it is a small amount of money. For this practice to become full-fledged, the EU will have to change its legislation and develop new legal mechanisms, which Russian propaganda in the West is trying its best to prevent.

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