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.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Australian boy in critical condition after Sydney Harbour shark attack
Vietnam's Communist Party begins congress to choose its leader
UK populist Reform party attracts latest Conservative defector
"Avatar: Fire and Ash" tops North American box office for 5th consecutive weekend
1st LD Writethru: At least two confirmed dead after trains derail in S. Spain
1st LD Writethru: EU ready to defend itself against any coercion: European Council President
Two high-speed trains collide in Spain, police sources say 21 people killed
Urgent: EU ready to defend itself against any coercion: European Council President
Flash: At least two people were killed after two high-speed trains derailed in S. Spain: media
1st LD Writethru: EU considering hitting U.S. with 93 bln euro worth of tariffs: media

Others Also Read