Expert Warns: Frozen Russian Assets Could Divert $100 Billion from Ukraine.
Expert Raises Alarm Over Seizure of Russian Assets
According to UATV: Economic expert Ilya Neskhodovsky has expressed concern that delays in confiscating frozen Russian assets could lead to their misuse, potentially benefiting Russia itself. He stressed the critical importance of urgently directing these funds as reparations to Ukraine. Neskhodovsky emphasized that the $100 billion sum, which the US could provide for Ukraine's reconstruction, must not be diverted for other purposes.
During a January 31 appearance on the FREEДОМ TV channel, Neskhodovsky warned of a real threat: the frozen assets might be transferred to a US-Russian investment fund, a move he deemed unacceptable. The expert insisted that reparations for Ukraine must not be delayed and should proceed immediately.
'The payment of reparations should not be scheduled for someday; it must be scheduled for right now' - Ilya Neskhodovsky.
The Urgent Need for Action
Neskhodovsky also voiced apprehension that stalling the asset seizure could effectively rehabilitate Russia's status as an aggressor. 'This amounts to the full rehabilitation of a criminal and an aggressor,' he stated.
The expert argued that the European Union needs to show greater initiative in resolving this issue and continue developing mechanisms for paying reparations to Ukraine. The debate over using frozen Russian state assets to fund Ukraine's recovery is a major point of discussion among Western allies.
Neskhodovsky's remarks underscore the necessity for swift action by international bodies regarding the confiscation of Russian-owned assets. This is especially critical given Ukraine's pressing need for financial support for reconstruction. As the conflict continues, further delays in resolving this matter could have severe consequences not only for Ukraine's economy but for international security as a whole.
Read also
- Ukraine's Parliament Cuts Landlord Tax to 5%: Who Qualifies for the New Rate
- Ukraine’s Rental Market Steps Out of the Shadows: New Rules and a Tax Cut to 5%
- Dollar Hits 44.5 UAH as National Bank Raises Rate: Could 50 Hryvnia Be on the Horizon by Year-End?
- Fuel Prices in Kharkiv Region Drop Sharply: Diesel and Auto Gas See Significant Decline
- NBU Forecast: Ukraine’s Inflation to Hit 9.4% Amid Middle East Conflict
- Ukraine’s Central Bank Pulls 10-Kopiyka and 1-Hryvnia Coins: How to Swap Outdated Currency

