Treasury Secretary Yellen: transferring income from Russian assets to Kyiv is not theft
Washington believes that using proceeds from frozen Russian assets for Kyiv’s needs is not theft. This was stated by US Treasury Secretary Janet Yellen on television ABC.
According to her, Russian assets were frozen and remain on the international Euroclear platform in Belgium, so there is no point in calling this theft. “The investments that Russia had have already reached their due date. Thus, Russia’s funds are in the form of cash, but they bring income to the institution, to which Russia has no right,” says the head of the American Ministry of Finance.
Answering a question from journalists whether Washington has concerns about possible legal problems in connection with the transfer of income to Kyiv, Yellen emphasized that there are none in this matter. The United States and allies will provide Ukraine with a loan of $50 billion, which will be repaid over time using these funds.
Earlier, Russian President Vladimir Putin said that attempts to seize Russian assets would be theft and would not go unpunished. “Despite all the chicanery, theft will certainly remain theft,” he said about such actions.
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