U.S. prosecutors seek broader powers to seize Russian oligarchs' assets


  • World
  • Tuesday, 19 Jul 2022

FILE PHOTO: Andrew Adams, the head of the U.S. Department of Justice's KleptoCapture task force, which is targeting Russian oligarchs and evasion of sanctions intended to pressure Moscow to end its invasion of Ukraine, speaks during an interview with Reuters in New York City, New York, U.S., April 1, 2022. REUTERS/Mike Segar/File Photo

(Reuters) - The U.S. Department of Justice is seeking broader authority from Congress to seize Russian oligarchs' assets as a means to pressure Moscow over its invasion of Ukraine, a top prosecutor said on Tuesday.

In testimony to the U.S. Senate Committee on the Judiciary, Andrew Adams, who leads the department's KleptoCapture task force, said Congress should let prosecutors seek forfeitures of assets used to evade U.S. sanctions, not just proceeds of sanctions evasions.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

North Korea troops participated in some Ukraine war battles as part of Russian units, Seoul says
Kremlin says Russia-US hotline to deflate crisis not in use
Biden approves anti-personnel mines for Ukraine, US official says
Philippines to repatriate Filipina drug convict from Indonesia
Japanese manicurist takes on plastic pollution, one nail at a time
Norwegian crown princess's eldest son arrested on suspicion of rape
Doctors Without Borders halts operations in Haiti's capital
More than two dozen killed after attempted attack on Haiti suburb
U.S. crude oil inventories up last week: API
Peru president's brother gets 3 years pre-trial detention in corruption case

Others Also Read