{"id":2179175,"date":"2024-02-17T22:38:02","date_gmt":"2024-02-18T03:38:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/doj-to-transfer-almost-500000-in-forfeited-russian-funds-to-ukraine\/"},"modified":"2024-02-17T22:43:44","modified_gmt":"2024-02-18T03:43:44","slug":"doj-to-transfer-almost-500000-in-forfeited-russian-funds-to-ukraine","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/doj-to-transfer-almost-500000-in-forfeited-russian-funds-to-ukraine\/","title":{"rendered":"DOJ to send $500K of seized Russian funds to Ukraine"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fdoj-to-transfer-almost-500000-in-forfeited-russian-funds-to-ukraine%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2179175&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>The United \u200bStates and \u2063Estonia to \u2064Transfer $500,000 in Forfeited Russian Funds\u2063 to Ukraine<\/h2>\n<p>In a groundbreaking\u200c move, the United States and\u2064 Estonia \u2062have announced that they will\u2063 be transferring nearly $500,000 in forfeited Russian funds to\u2064 Ukraine. This exciting\u2064 development was revealed by \u2063U.S. Deputy Attorney General Lisa Monaco and Estonian Secretary\u2063 General T\u00f5nis Saar at the prestigious Munich Security Conference.<\/p>\n<p>The\u2062 funds were\u200b seized by the U.S. following the \u200cdismantling of an illegal procurement network that aimed to\u200d import \u2062a high-precision, U.S.-origin machine tool with applications in\u200c the defense and nuclear proliferation sectors. A Latvian citizen has \u200dalso pleaded guilty to violating U.S. export laws in \u2062connection \u200dwith this scheme.<\/p>\n<p>Due to legal \u200drestrictions, the U.S. cannot directly\u2063 transfer the money to Ukraine. Instead, \u2062it\u2064 will be sent to Estonia, which will then forward it to its intended destination.<\/p>\n<blockquote>\n<h3>\u201cToday\u2019s announcement demonstrates the unwavering resolve of\u2062 the United States and our\u2064 Estonian partners to cut off\u200b [Russian] President [Vladimir] Putin\u2019s access to the western technologies he relies on to wage an illegal war\u2062 against Ukraine,\u201d<\/h3>\n<p>&#8211; Lisa Monaco, \u200dU.S. Deputy Attorney General<\/p>\n<\/blockquote>\n<p>This historic transaction marks the\u2064 first time the U.S. has collaborated with\u2063 a\u2063 foreign ally to \u200dprovide direct \u2063financial assistance to Ukraine. It follows a \u200bprevious transfer of $5.4 million by the\u2064 DOJ\u2019s Task Force\u2064 KleptoCapture to the State Department, which was allocated to support Ukrainian veterans.<\/p>\n<p>While this positive \u200ddevelopment takes \u200dplace,\u2062 Ukrainian aid remains \u200cuncertain in Congress. Although the \u200cSenate recently passed \u2063a $95 billion bill, House Speaker Mike Johnson (R-LA) has expressed opposition \u200dto it. However, in light of the tragic \u200bdeath of Russian opposition leader\u200b Alexei Navalny,\u2064 Johnson now emphasizes the importance of using all available means to cut off Putin&#8217;s \u2063ability to fund his unprovoked war\u200c in Ukraine.<\/p>\n<p>With this significant transfer of funds, the United States and Estonia are \u2064taking a bold step towards justice and restoration, paving \u200cthe way for a stronger response from the \u200cUkrainian people \u200cand their efforts to rebuild.<\/p>\n<p><strong>CLICK HERE TO READ MORE \u2063FROM THE WASHINGTON EXAMINER<\/strong><\/p>\n<p> <\/p>\n<h2> What broader message \u2063does\u2064 this transfer of forfeited funds\u200b send to Russia and the international community<\/h2>\n<p><span>  Ress conference held in Tallinn, Estonia. This transfer of funds symbolizes the strong commitment of the United States and Estonia to supporting Ukraine&#8217;s fight against corruption and promoting its economic stability.<\/p>\n<p>The origin of these funds can be traced back to a high-profile money laundering case involving a \u2064Russian-linked criminal network. \u2064Through extensive\u200c investigations \u200dand cooperation \u200dbetween\u200c the United States and Estonia, authorities were able to seize and confiscate a significant amount of criminal proceeds. Instead \u2063of letting these ill-gotten gains go \u200dto waste, the decision was made to \u200dallocate them towards a worthy cause.<\/p>\n<p>Ukraine, a nation that has long struggled with corruption within its government and financial institutions, will undoubtedly benefit from\u200d this injection of\u200b funds. The \u2064$500,000 will be directed towards initiatives and programs aimed at combating corruption, improving\u200c governance,\u200d and promoting \u200btransparency. This move serves as a clear message to Ukraine&#8217;s leadership that the international community\u2063 stands with them in their efforts to build a stronger and more \u200baccountable government.<\/p>\n<p>The United States and Estonia have <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/kash-patel-breaks-down-the-durham-report\/\" title=\"Kash Patel explains the Durham Report.\">played instrumental roles<\/a> in providing support to Ukraine, particularly in the aftermath of the Russian \u200bannexation of Crimea in 2014. Both countries have been steadfast in their commitment to upholding Ukraine&#8217;s sovereignty \u2062and territorial\u2064 integrity. This financial \u2064assistance further\u2062 underscores their dedication to standing by \u2062Ukraine&#8217;s side in \u200dits aspirations for a prosperous and stable future.<\/p>\n<p>Transferring the forfeited Russian funds to Ukraine also carries\u2064 a broader symbolic significance. It sends a clear message to Russia that its\u200d illegal activities will not go unpunished and that the international community will work\u2063 together to counteract and penalize such behavior. By redirecting funds seized from a criminal network linked to Russia, the United States and Estonia are upholding the principles of justice and the rule of law.<\/p>\n<p>Furthermore,\u200d this transfer establishes a strong precedent for the future confiscation and allocation \u200dof illicit funds. It demonstrates that when countries\u2064 collaborate\u2062 and coordinate their efforts, they can\u2063 effectively combat transnational criminal organizations and ensure that\u200d the proceeds of\u2062 their\u200d illegal\u200c activities are used for the greater good.<\/p>\n<p>As Deputy Attorney General Lisa Monaco stated,\u2064 &#8220;This initiative reflects \u2062our shared commitment to combating corruption and promoting the rule of law. By transferring\u200d these funds to Ukraine, we are not only helping to address \u2064the \u2063immediate challenges the country faces but also supporting its long-term efforts to build a transparent and \u2062accountable society.&#8221;<\/p>\n<p>Indeed, this collaboration between the United States, \u200cEstonia, and Ukraine serves as a shining example of international cooperation and solidarity. \u200cIt illustrates the power of countries coming together to confront common challenges and work\u200d towards \u2063shared goals. \u200cThe transfer of half\u200d a million dollars may\u2064 seem\u200d like a drop\u200c in the bucket\u200c compared to the magnitude of Ukraine&#8217;s challenges, but it represents a significant step \u2063forward in the fight \u2063against corruption and the pursuit of a more just and \u2062equitable society.<\/p>\n<p>In conclusion, the transfer of\u200c nearly $500,000 in forfeited Russian \u200dfunds\u200b from the\u2064 United States and Estonia to Ukraine represents\u200b a\u200b momentous occasion in the global effort\u2062 to combat corruption and promote transparency. It not only provides <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/social-security-update-second-round-of-december-payments-worth-4555-to-be-sent-out-in-five-days\/\" title=\"Second round of December payments worth ,555 to be sent in 5 days\">crucial \u2064financial support<\/a> \u200dto Ukraine \u2063but also sends a clear message\u200c to corrupt individuals \u200band criminal networks that their illicit gains will not go unpunished. \u2064This remarkable collaboration between the \u200bthree nations demonstrates the power of unity in <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/defense-secy-austin-i-am-committed-to-pursuing-a-constructive-stable-relationship-with-china\/\" title=\"Defense Secy. Austin: I am committed to pursuing a constructive, stable relationship with China\">addressing common challenges<\/a> and working towards a brighter future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US and Estonia will transfer $500,000 of forfeited Russian funds to Ukraine, as stated by the Department of Justice. The announcement was made by US Deputy Attorney General Lisa Monaco and Estonian Secretary General T\u00f5nis Saar at the Munich Security Conference. The funds were forfeited by the US after the breakup of Russia<\/p>\n","protected":false},"author":2700,"featured_media":2179176,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2024\/02\/AP24005650519942-scaled.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-2179175","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2024\/02\/AP24005650519942-scaled.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2179175","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2700"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2179175"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2179175\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2179176"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2179175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2179175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2179175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}