“The seizure of the Target Property is just the beginning of the reckoning that awaits those who would facilitate Putin’s atrocities. Neither the Department of Justice, nor history, will be kind to the Oligarchs who chose the wrong side,” Faruqui wrote.
“The Department of Justice’s seizure echoes the message of the brave Ukrainian soldiers of Snake Island,” Faruqui wrote.
DOJ special unit
US Attorney General Merrick Garland said Monday’s seizure “will not be the last.”
“Together, with our international partners, we will do everything possible to hold accountable any individual whose criminal acts enable the Russian government to continue its unjust war,” he said in a statement.
Another $625,000 spread across nine different banks was frozen as part of investigations into sanctions violations by Russian nationals, according to the department.
The DOJ announced last month that it was launching a special unit to help enforce sanctions against Russian government officials and oligarchs, targeting their yachts, jets, real estate and other assets.
The unit, called KleptoCapture, includes prosecutors and federal agents and experts in money laundering, tax enforcement and national security investigations from the FBI, the IRS, the US Marshals Service, and the US Postal Inspection Service.
This story has been updated with additional details.