Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

US approves transfer of Russian oligarch’s confiscated assets to Ukraine

Merrick Garland
Photo: EPA/BGNES

"Today I am announcing that I have authorized the first-ever transfer of confiscated Russian assets for use in Ukraine," U.S. Attorney General Merrick Garland said at a meeting with Ukraine's Prosecutor General Andriy Kostin, who paid a visit to Washington. A court in New York confiscated 5.4 million USD from Russian oligarch Konstantin Malofeev, who entered the US sanctions list in 2014, and in 2022 was accused of trying to circumvent sanctions.

The strengthening of sanctions leads to an increase in the outflow of private capital from Russia, the head of the analysis department of the Russian "BKF Bank", Maxim Osadchy, said. He quotes data from the Central Bank of Russia, according to which deposits of Russians in foreign banks as of November 2022 reached $81.7 billion. In January 2022 they were $30.6 billion. The outflow is mainly directed towards Kazakhstan, Georgia and Armenia.

Meanwhile, the situation in Eastern Ukraine is becoming increasingly difficult, Ukrainian President Volodymyr Zelensky warned in his video address last night. With a decision yesterday, the Ukrainian citizenship of 10 high-ranking government officials from the times of President Viktor Yanukovych, who also had Russian citizenship, was revoked.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

European defence offers opportunities for Bulgarian manufacturers

The Bulgarian Chamber of Commerce and Industry is hosting an information seminar today on the topic "European defence and opportunities for Bulgarian business in the development and production of defence products".  The main goal of..

published on 4/23/25 7:15 AM

Annual "Knight of the Book" awards are presented today

On World Book and Copyright Day, this evening at 7:00 p.m., the annual "Knight of the Book" Awards - 2025 will be presented at a ceremony in the "Peroto" literary club. The awards are presented to individuals whose work and efforts..

published on 4/23/25 7:05 AM

Temperatures decrease slightly, rain expected in the western regions

On Wednesday , the lowest temperatures will be between 7 and 12°C. In Sofia it will be around 8°C. Before noon it will be sunny. In the afternoon, rainy clouds will develop over the western massifs and there will be short-term rain..

published on 4/22/25 6:55 PM