US pledges to crack down on Russian oligarchs

US Department of Justice said on Wednesday announced that it will crack down on Russian oligarchs and other violating sweeping sanctions imposed by the Biden administration.

Washington: The US Justice Department says it will crack down on Russian oligarchs and anyone else who violates the sweeping sanctions imposed by the Biden administration in response to the war against Ukraine.

Attorney General Merrick Garland on Wednesday announced the creation of Task Force KleptoCapture, a team of federal agents and prosecutors responsible for investigating and prosecuting any violations of new and future sanctions.

That includes seizing the assets belonging to oligarchs and others who violate the sanctions, and thwarting any efforts to use cryptocurrency to get around sanctions.

Garland said in a statement announcing the sanctions that the Justice Department will leave no stone unturned in investigating and prosecuting those whose criminal acts enable the Russian government to continue this unjust war.

AP