Canada plans to seize C$26m (US$19m) from a company owned by the sanctioned Russian oligarch Roman Abramovich, the federal government said on Monday.The pursuit of Abramovich's Granite Capital Holdings marks a first attempt by Ottawa to seize assets belonging to a sanctioned individual and reflects a broader strategy to punish Russia and its wealthy elite for the invasion of Ukraine.
#individuals #effectively #federal-government #consequences #compensation #determination #late-february #vladimir-putin #largely-due #reconstruction
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