United States President Joe Biden is requesting from Congress new powers to seize and repurpose Russian oligarchs’ assets.The request is part of a larger funding proposal for aid for Ukraine as it continues to try to repel Russia’s invasion launched on February 24.In a statement, the White House described the proposal as a “comprehensive legislative package” saying it will “enhance the United States Government’s authority to hold the Russian government and Russian oligarchs accountable for President Putin’s war against Ukraine”. Among the measures, Biden has asked legislators to make it a criminal offence for a person to “knowingly or intentionally possess proceeds directly obtained from corrupt dealings with the Russian government”.
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