As part of the
sanctions placed on Russia after their military intervention in Ukraine, there
was a massive crackdown on Russian assets. This involved the seizure of assets
such as luxury yachts, cars, aircraft, art, and the freezing of bank accounts
owned by Russian oligarchs.
Obviously seizing and
maintaining assets such as superyachts is a massive undertaking that involves
great expenditure..
So who is footing
that bill for the upkeep of the vessels seized?
That mystery was
revealed just yesterday by Biden’s national security adviser Jake Sullivan.
Moments prior to the
event at the Center for a New American Security (CNAS), Sullivan was caught on
hot mike talking about the ongoing Operation
KleptoCapture, which is a Justice Department-led effort meant to target
Russian "elites, proxies, and oligarchs" by seizing civil and
criminal assets of sanctioned
oligarchs.
Richard Fontaine,
chief executive officer of the CNAS, said:
"I just wasn't
aware how many super yachts there were in the world. I mean the size of these
things, the value of these things is unbelievable."
Sullivan responded as
follows:
"You know what
the craziest thing is: When we seize one, we have to pay for upkeep. The
federal government pays for upkeep, under the forfeiture rubric. Some people
are basically being paid to maintain Russian super-yachts on behalf of the US
government. It's unbelievable."
"Forfeiture
rubric" was possibly a reference to the US Government's responsibility for
maintaining property it seizes in good condition.
This conversation was
reported by Vox reporter Jonathan Guyer
https://twitter.com/mideastXmidwest/status/1537461647094194177
If that revelation
wasn’t troubling enough there was more
Sullivan, mentioned
his wife, Maggie Goodlander who is, a senior adviser to Merrick Garland saying
“She loves this
klepto-capture stuff….”
https://twitter.com/mideastXmidwest/status/1537464010483847168
It was unclear what
the meaning of that remark was.
Did Sullivan mean his
wife likes the idea of capturing Russian assets to weaken Russia?
Does she ‘love’ the
seized items and do the Sullivans or someone else in Washington in some way
have access to some of the seized items?
The audio of this
exchange that was inadvertently broadcasted when the event streamed live
was removed the
moment Sullivan's
comments made headlines. A spokesperson for CNAS called the takedown
an "honest
mistake".
Sullivan was
referring to the seizure of a series of vessels owned by oligarchs allegedly
close to President Putin.
The Amadea, a
348-foot yacht, worth the $300 million was owned by sanctioned Russian oligarch
Suleiman Kerimov. The ownership of the vessel was disputed. The US had moved
Fiji's supreme court to seize the yacht in early May, it sailed for
the US in early June, after the court authorized its seizure.
In early April, the
US seized
a 254-foot yacht in Spain owned by Viktor Vekselberg, a billionaire
who heads the Moscow-based Renova Group, a conglomerate with interests in
aluminum, oil, energy, telecoms, mining, and a variety of other sectors.
Biden asked Congress
for the authority to formally
seize and sell assets of Russian assets to fund Ukraine’s defense and
rebuilding. The request is without precedent and would amount to a significant
expansion of presidential sanctions authority.
There still remain a
few open questions.
Why would Washington take
it upon itself to seize and sell Russian assets? Shouldn't a global
coalition such as NATO be doing it?
Does international law permit the US to seize global assets and
sell them?
Beyond that, why
would the US want to unnecessarily provoke nuclear-powered Russia into a hot
war instead of compelling all parties to come to the negotiation table and end
the conflict?
Why must the US
taxpayer be compelled to pay for maintenance of seized assets that they will
not benefit from in any way?
Washington has been most generous with taxpayers' money recently.
Back in May, both the
House and the Senate overwhelmingly approved $40
billion of taxpayer money in aid to Ukraine. Previously in March, both
the House and the Senate approved $13.6
billion of taxpayer money for ‘assistance’ to Ukraine.
That brings the total
to around $53 billion in just two months
What is troubling is
that there is no tracking mechanism or transparency for this massive
expenditure.
Ideally, there should
be a comprehensive inventory must be made available online with all details of
all seized assets. Online auctions should be conducted for the tenders of all
contracts and the sale of Russian assets. Details about every stage from
bidding to signing contracts and sales should be available online for public
scrutiny.
Sadly that will never
happen.
The tenders and
contracts for various items such as arms, food aid, maintenance of seized
assets, etc. are will be awarded to cronies. Obviously, there will be a quid
pro quo agreement between Washington and the private contractors.
The sale of assets will also be very murky. Perhaps they will be sold as an under-market value to cronies. Perhaps some of the smaller but valuable assets may mysteriously disappear.
It is perfectly
obvious that the US intervention in Ukraine isn't for the betterment of the
suffering Ukrainian people or to punish Putin.
This is just another emergency situation that presents an opportunity for Washington to swiftly access taxpayers' money and spend it the way they like. It helps that they can cite moral ground i.e. compassion for the suffering people in Ukraine to justify their plunder. A great deal of this money may travel all over the world and reach back to US shores.
Washington never
fails to exploit an emergency, they did it during Covid-19 and they are doing
it in Ukraine. The fact that Ukraine is far away makes tracking and
accountability almost impossible is an added benefit.
The staggering record
of corruption in Ukraine and in Washington, particularly in Biden’s White House
generally makes this absolute lack of accountability and oversight most
worrying.
Jake Sullivan’s hot
mike utterances reveal what most have always known. There is a brazenness to
how various personnel in the Biden administration conduct themselves. They are
not only reckless, feckless, and incompetent but also corrupt and immoral. They
no longer care how they are perceived by regular people. In fact, they scoff in
defiance at citizen taxpayers who may question the considerable expenditure in
Ukraine and the risk it presents to the US.
This attitude
prevails across party lines.
The rot runs very
deep in Washington.
Also appears in American Thinker
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