US Task Force Seeks to Transfer Seized Assets to Ukraine
- Justice Department’s KleptoCapture unit formed last year
- Chief says task force has seized yachts, brought indictments
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The chief of the Justice Department unit charged with seizing assets connected to violators of sanctions against Russia said the program “cuts the purse strings from the Kremlin,” and that Congress could help it do more.
Andrew Adams, the director of Task Force KleptoCapture, said in an interview Wednesday on Bloomberg Television’s “Balance of Power” that lawmakers could provide the authority to funnel proceeds of the seizures export control violations to Ukraine. The Justice Department currently only has the authority to convey proceeds to Ukraine from assets seized from sanctions evasions.