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Zelensky outlines proposal to confiscate Russian assets, compensate losses caused by war

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ZelenskyyUkrainian President Volodymyr Zelensky on Friday suggested that those who have suffered losses caused by Russia’s invasion in Ukraine could receive compensation through a multilateral agreement that would confiscate Russian assets held under the jurisdiction of other countries.

“We invite the partner countries to sign a multilateral agreement and create a mechanism through which each and every one who has suffered from different actions will be able to receive compensation for all losses,” Zelensky wrote in a Telegram post.

“Under such an agreement, Russian funds and property under the jurisdiction of partner countries must be seized or frozen, and then confiscated and directed to a specially created fund from which all victims of Russian aggression can receive appropriate compensation,” he continued. “That would be fair. And Russia will feel the true weight of every missile, every bomb, every projectile it has fired at us.”


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