A special group has been tasked with identifying entities that are helping people to bypass restrictions, AP reports
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US officials have ramped up efforts to legally liquidate the property of sanctioned Russians and penalize those who help them evade restrictions, the Associated Press reported on Monday, citing the head of a special task force called KleptoCapture.
According to Andrew Adams, the group has focused on identifying those who are helping Russians to avoid sanctions and export controls.
“I think it can be quite effective to be sanctioning facilitators,” Adams said, calling them “professional sanctions evasion brokers.”
A recent report from the Treasury Department showed that more than $58 billion worth of sanctioned Russian assets have been blocked or frozen worldwide so far.
Adams pointed out that KleptoCapture aims to sell the frozen yachts and other property of sanctioned Russians, despite the legal difficulties, and use the proceeds for the benefit of Ukraine. He noted, however, that this would be done in accordance with the law.