Russia has denounced plans by the US government to give Ukraine assets confiscated from Russian citizens, warning the move will undermine confidence in the global financial system and erode the protection of private property.
In a statement issued on Thursday night, the Russian Embassy in the US accused Washington of an “obvious disregard of generally accepted legal norms” after the Department of Justice announced that it would transfer “forfeited” Russian assets to Kiev.
“Such dangerous precedents only serve to discredit the United States as a ‘bastion’ of free enterprise. Washington, with its own hands, is undermining confidence in both the American and international financial system, as well as the security of the dollar jurisdiction,” it said, calling the decision “a breach of fundamental American values which erroneously seemed unshakable.”