Posted on Mar 1, 2022
Manhattan borough president calls for immediate seizure of Russian oligarch property
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Manhattan borough president Mark Levine has said that New York should seize properties belonging to Russian oligarchs, following Russia's invasion of Ukraine.
"For years Manhattan has been one of the most popular safe harbours for Russian oligarchs to park their cash, especially via ultra-high-end apartments,” tweeted Mr Levine. “It’s time to start seizing their properties. #SupportUkraine.”
London Mayor Sadiq Khan has made similar requests. In recent days he’s demanded the seizure of property assets held by allies of Vladimir Putin. Transparency International estimates that oligarchs real estate in the UK capital is estimated to be worth £1.1bn.
"For years Manhattan has been one of the most popular safe harbours for Russian oligarchs to park their cash, especially via ultra-high-end apartments,” tweeted Mr Levine. “It’s time to start seizing their properties. #SupportUkraine.”
London Mayor Sadiq Khan has made similar requests. In recent days he’s demanded the seizure of property assets held by allies of Vladimir Putin. Transparency International estimates that oligarchs real estate in the UK capital is estimated to be worth £1.1bn.
Manhattan borough president calls for immediate seizure of Russian oligarch property
Posted from independent.co.uk
Manhattan
Real estate
Russia
Ukraine
London
Posted >1 y ago
Responses: 3
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