US National Security Adviser Says US Will Not Return Seized Russian Assets

 

Republic World: US Does Not Plan To Return Seized Assets Of Russian Oligarchs: NSA Jake Sullivan 

"Our goal is not to return them. Our goal is to use them better than in this way," Sullivan iterated, speaking at an event at the Economic Club of Washington. 

United States does not plan to return the seized assets of the Russian Oligarchs, Biden administration’s National Security advisor Jake Sullivan asserted on Friday, adding that those assets were frozen as a part of the Western sanctions against Russia’s brutal invasion of Ukraine. "Our goal is not to return them. Our goal is to use them better than in this way," Sullivan iterated, speaking at an event at the Economic Club of Washington to reporters. He was responding to whether the US government plans to return to the Russian Oligarchs the detained assets like expensive yachts and their properties.  

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Update #1: US not planning to return seized Russian assets – Jake Sullivan (RT)  

Update #2: US not intending to give back frozen assets — White House (TASS) 

WNU editor: To put it bluntly. Jake Sullivan is confirming what everyone already knew. The US will not return the hundreds of billions (some estimates are that the total is close to $800 billion USD) that it has confiscated from Russian state and business groups in the past few weeks. 

My gut is telling me the US government will rationalize this decision by passing legislation that these seized funds will be used to rebuild Ukraine in the form of reparations. But in reality. These funds will be laundered in such a manner that I will be surprised if Ukraine ever gets a fraction of these funds. 

One can now safely say that trust in the Western bloc's financial and economic system for international investors is over. The impact of these measures will not be felt in the short term, but in the medium and long term it is going to be profound.