The oligarchs remain a vulnerable point of Putin's power since their wealth exists in more clear-cut and traditional investments.
"The Justice Department will use all of its authorities to seize the assets of individuals and entities who violate these sanctions," said Attorney General Merrick B. Garland. FILE - Attorney General Merrick Garland speaks during a Tribal Nations Summit during Native American Heritage Month, in the South Court Auditorium on the White House campus, Nov. 15, 2021, in Washington. Garland directed U.S.
Those laws apply to the oligarchs, a group of Putin’s closest associates who become billionaires in the first years of the post-Soviet regime in Russia as they carved up various industries amongst themselves. Deputy Attorney General Lisa Monaco pledged to deprive these men of any "safe haven" and to hold them accountable.
Such assets include their yachts, such as Oleg Deripaska's $65 million Clio and Vagit Aleksperov's $80 million Galactica Super Nova, CBS News reported. Russia launched a full-scale invasion of Ukraine on Feb. 24, local time. World leaders and diplomats widely condemned the attack and promised strong sanctions in response, including the United States.
The effort underscores the united effort between the government and private sector to ensure a strong response to
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