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Trump suspends ‘Russian oligarch’ hunt
Link: https://www.rt.com/news/612346-trump-ends-russian-oligarch-witch-hunt/
New US Attorney General Pam Bondi has disbanded a task force targeting Russian elites and redirected its resources to fight drug cartels. The US Justice Department under Attorney General Pam Bondi has disbanded Task Force KleptoCapture, a unit created in 2022 to enforce sanctions against Russian oligarchs, The Guardian reported on Thursday citing an internal memo. Task Force KleptoCapture was launched during the Biden administration following the escalation of the Ukraine conflict in 2022. It was tasked with tracking and confiscating assets belonging to Russian businessmen and officials targeted by Western sanctions. According to the DOJ, since the founding of the task force, it has contributed to the seizure of some $700 million in assets belonging to Russian businessmen and has accused more than 70 individuals of violating export controls against Moscow. Bondi announced the decision to shut down the task force and reallocate its funding to combat drug cartels and transnational criminal organizations in a memo issued on Wednesday, according to The Guardian. The Justice Department has argued that resources should be focused on domestic and border-related issues rather than targeting foreign elites.
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