The Justice Department launched a 'KleptoCapture' task force aimed at enforcing U.S. sanctions issued against the Kremlin following Russia’s invasion of Ukraine, with President JoeBiden vowing to go after the crimes committed by Russian oligarchs.
The DOJ said Wednesday the new interagency law enforcement effort would be “dedicated to enforcing the sweeping sanctions, export restrictions, and economic countermeasures that the United States has imposed, along with allies and partners, in response to Russia’s unprovoked military invasion of Ukraine” and that it would enforce the sanctions “by targeting the crimes of Russian officials, government-aligned elites, and those who aid or conceal their unlawful conduct.
The effort will be run out of the office of Deputy Attorney General Lisa Monaco, who said, “Oligarchs be warned: We will use every tool to freeze and seize your criminal proceeds.” Deripaska said on his Telegram page over the weekend, “Peace is very important! Negotiations need to start as soon as possible!”“I was born in Western Ukraine and lived there until I was 17. My parents are Ukrainian citizens and live in Lviv, my favorite city,” Fridman wrote in a weekend email to staff at his U.K. equity firm LetterOne. “But I have also spent much of my life as a citizen of Russia, building and growing businesses.
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