Konstantin Malofeev, co-owner of the Russian Orthodox television channel Tsargrad, is accused of financing the so-called “LPR” and “DPR” militants and involvement in the events in Crimea in 2014.
On Thursday, February 2, in Manhattan Federal Court, District Judge Paul Gardefe ruled that the US Attorney General can confiscate $5.4 million belonging to the sanctioned Russian businessman Konstantin Malofeev. Reuters writes about it.
It is reported that the money could be used to reinstate Ukraine in case of withdrawal. This was made possible when the US Department of Justice organized a group to deal with the confiscation of the financial assets of people close to Vladimir Putin in 2022.
At the end of last year, US President Joe Biden also signed into law a law that stipulates the possibility of using the seized funds to support Ukraine, which has suffered from Russian aggression.
The seized money could soon go to Ukraine, according to Andrew Adams, head of the Justice Department task force.
“These amounts are very small compared to the cost to the Ukrainian people and lands of the disaster caused by Russia, but their contribution is significant,” Adams said. said.
Konstantin Malofeev did not attempt to appeal the seizure decision, which allowed the procedure to be carried out automatically.
What is known about Konstantin Malofeev
Konstantin Malofeev is a Russian businessman who is the co-owner of the Orthodox TV channel Tsargrad. He is suspected of financing the so-called “LPR” and “DPR” militants, his involvement in the events in Crimea in 2014, and ties to former “DPR Defense Minister” Igor Strelkov-Girkin.
Malofeev has been under US sanctions since 2014 for “funding separatists in Crimea”. In 2022, the businessman was accused of violating US sanctions. According to the US Attorney General’s Office, money in Malofeev’s account could be seized for trying to transfer it to a business partner in defiance of sanctions restrictions.
According to media reports, Konstantin Malofeev is now on the territory of the Russian Federation.
Recall that on June 16 last year, federal prosecutors in New York learned of the intention to arrest the bank account of the Russian oligarch Konstantin Malofeev in the USA. Malofeev reportedly had more than $5.3 million in his account.
Earlier on April 28, Bloomberg reported that the world’s largest cryptocurrency exchange Binance has blocked a number of accounts associated with relatives of senior officials from Russia, specifically Konstantin Malofeev is out of the blue.
Focus He also wrote that on January 30, the Prosecutor General of Ukraine announced the arrest of 32 million hryvnia of Ukraine’s largest metallurgical alumina and aluminum hydroxide producer, controlled by Russian-sanctioned businessman Oleg Deripaska.
Source: Focus
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