Konstantin Malofeyev, a Russian businessman who is under U.S. sanctions, on Thursday accused the United States of trying to steal $5.4 million of his assets, saying he would file a lawsuit in Russia, where his rights are protected.
U.S. prosecutors may confiscate $5.4 million belonging to Malofeyev, a judge in New York ruled last week, paving the way for the funds to potentially be used to help rebuild Ukraine.
The ruling marked the first forfeiture order for a Russian oligarch's assets since the Department of Justice launched a task force in March last year aimed at squeezing the finances of Russian President Vladimir Putin's allies after Moscow sent troops into Ukraine.