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Al Jazeera
Al Jazeera
World

US approves first transfer of seized Russian funds to Ukraine

US Attorney General Merrick Garland launched a task force to target Russian oligarchs in wake of Russia's invasion of Ukraine [File: Nathan Howard/AP Photo]

United States Attorney General Merrick Garland has authorised the first transfer of funds seized from Russian oligarchs to aid Ukraine.

In a statement on Wednesday, Garland said the money seized from Russian oligarch Konstantin Malofeyev will go towards the war-torn country, which Russia invaded on February 24, 2022.

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