The U.S. Justice Department under President Donald Trump has ended Task Force KleptoCapture, which targeted Russian oligarchs under U.S. sanctions. Attorney General Pam Bondi said resources will now focus on drug cartels and international gangs, marking a major shift in enforcement priorities.
The task force was established under former President Joe Biden to freeze assets linked to Russian elites and enforce sanctions imposed after the war in Ukraine. It led to indictments of figures like Oleg Deripaska and Konstantin Malofeyev, as well as seizures of yachts owned by sanctioned billionaires Suleiman Kerimov and Viktor Vekselberg.
According to Bondi’s directive, prosecutors assigned to the task force will return to their previous roles, and the new policy will be in effect for at least 90 days, with the possibility of renewal.
Trump has expressed interest in improving U.S.-Russia relations and previously vowed to end the war in Ukraine, though without detailing how. His administration’s shift toward combating drug cartels follows his designation of cartel groups as terrorist organizations, part of a broader crackdown on illegal immigration and fentanyl trafficking.
The decision also affects enforcement of the Foreign Corrupt Practices Act (FCPA), a U.S. foreign bribery law that has led to major corporate cases over the last decade. The Justice Department’s FCPA unit will now prioritize cartel-related bribery investigations, a move some legal experts call a significant departure from past enforcement strategies.
Saudi Arabia has temporarily shut down its 1,200-kilometre East-West oil pipeline after it was hit by a drone attack, with Riyadh and Baghdad sayin...
Russia's Defence Ministry said its forces struck two cargo vessels overnight in the Ukrainian Black Sea port o...
U.S. President Donald Trump said on Saturday he would “love” to see British-run Northern Ireland unify...
Overnight Iranian strikes on an air base in Jordan damaged multiple U.S. aircraft and left one without a wing, American media reported. Meanwhile, explosions were heard across parts of southern Iran according to local media reports.
Iranian President Masoud Pezeshkian arrived in New Delhi on Friday to attend the weekend BRICS summit, amid the ongoing U.S.-Iran conflict, joining a host of foreign dignitaries.
Ukrainian forces struck a Russian oil refinery in Siberia and a seaport in Dagestan in the past 24 hours, President Volodymyr Zelenskyy said. He will meet Canadian Prime Minister Mark Carney on Thursday to discuss air defences for Ukraine over winter.
Mexico and the U.S. are racing to secure a trade deal before the U.S. midterm elections in less than eight weeks, according to six sources familiar with the talks, with failed negotiations between Washington and Canada adding urgency.
A Russian strike on a gas station in Kyiv has killed two people, the city's Mayor Vitali Klitschko said in a statement on Telegram. In Russia, online marketplace Ozon has suspended operations in Saratov, southwestern Russia, following a drone strike on a warehouse in the region.
Saudi Arabia has temporarily shut down its 1,200-kilometre East-West oil pipeline after it was hit by a drone attack, with Riyadh and Baghdad saying the strike originated from Iraq.
Russia's Defence Ministry said its forces struck two cargo vessels overnight in the Ukrainian Black Sea port of Chornomorsk, the Interfax news agency reported on Saturday.
U.S. President Donald Trump said on Saturday he would “love” to see British-run Northern Ireland unify with Ireland, remarks made during a visit to Dublin that drew a sharp response from pro-British unionists in Northern Ireland.
BRICS leaders have called for maximum restraint over the war in the Middle East, warning against actions that could further worsen tensions as the United States and Iran resume strikes against each other.
Dubai’s property market has spent years climbing. Now, for the first time since 2021, prices are moving in the opposite direction.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment