U.S. Enacts Law to Share Forfeited Oligarch Assets with Ukraine

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Friday, January 13, 2023
Author: 
Bruce Zagaris
Volume: 
39
Issue: 
1
Abstract: 

On Dec. 29, 2022, President Joe Biden signed the Consolidated Appropriations Act, 2023 (H.R. 2617). As part of Omnibus Spending bill, Section 1708 which allows the U.S. to transfer to Ukraine assets forfeited from Russian oligarchs.