The first case of use of frozen Russian assets was recorded
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The United States for the first time transferred $500 thousand of confiscated funds for Ukraine to Estonia
The first case of the use of frozen Russian assets has been recorded. The United States decided to take advantage of illegal actions by transferring about 500 thousand dollars to Estonia to provide assistance to Ukraine. This was reported by the US Department of Justice.
It is specified that the funds will be used to “restore the Ukrainian energy infrastructure.”
“The Ministries of Justice of Estonia and the United States signed a cooperation agreement at the Munich Security Conference to transfer confiscated criminal proceeds in the amount of $484.9 thousand for the restoration of Ukraine’s power transmission network,” the Estonian department said in a statement.
According to the Estonian Ministry of Justice, in March 2023, a similar agency in the United States confiscated 484.9 thousand dollars that were obtained by criminal means in a smuggling case, where they tried to sell a grinding machine in the Russian Federation, which is prohibited without a specific license. The Ministry of Justice claims that it could have been used allegedly as part of defense programs and for the needs of atomic weapons.
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