Russia speaks out about US money transfer to Ukraine, affirms "robbery"

On December 11, the Russian Foreign Ministry declared that the US transfer of $20 billion from Moscow's frozen assets to Ukraine "is simply an act of robbery".

The US announced that it has disbursed a $20 billion loan to Ukraine, secured by profits from frozen Russian assets. (Source: Counter Punch)

The ministry also implied that Moscow could seize Western assets on Russian territory "to strengthen its industrial potential".

The statement also said that the administration of US President Joe Biden is trying "in the anti-Russian hysteria to impose as many sanctions on Russia as possible before transferring power to Mr. Trump's team on January 20".

Previously, on December 10, the US announced that it had disbursed a $20 billion loan to Ukraine, secured by profits from frozen Russian assets.

The money is a key part of a total of $50 billion in new loans approved by the Group of Seven (G7) economies in October to support Kiev in its conflict with Moscow.

The US Treasury Department said Washington has transferred $20 billion to the World Bank (WB), which will provide money to Ukraine through an existing fund.

"This money - paid from the proceeds of Moscow's frozen assets - will provide Ukraine with vital support in defending the country against Russia's military campaign," US Treasury Secretary Janet Yellen said.

Source: https://baoquocte.vn/nga-len-tieng-ve-khoan-tien-my-chuyen-cho-ukraine-khang-dinh-hanh-dong-cuop-boc-297065.html