Malinowski calls for seizure of Putin regime assets

Rep. Tom Malinowski (D-Ringoes) and Rep. John Curtis (R-UT), co-chairs of the Congressional Caucus Against Foreign Corruption and Kleptocracy, today called for the freezing and seizure of assets held by allies of Russian President Vladimir Putin. diet, following the Russian invasion of Ukraine which started last night.

“We urge President Biden to immediately impose full freeze sanctions on the so-called Navalny 35 list of Russian oligarchs, crooks and officials who support Putin’s regime,” Malinowski and Curtis said in a joint statement. . “Endemic corruption and theft from the Russian people fuel Putin’s repression and military aggression; it is also his greatest political vulnerability… The time has come for coordinated action against these enablers of Putin’s abuses.

The statement also encouraged other countries that oppose the Russian invasion to use their own powers to seize the assets of the Navalny 35, a group of Putin confidants identified by Russian opposition leader Alexei Navalny.

“The United States government should use all of its diplomatic resources and judicial authorities to ensure that third countries seize the yachts, private jets, beachfront villas and hidden bank accounts of Putin’s cronies,” Malinowski and Curtis said. “If additional legal authorities are needed to compel these countries to act, the Biden administration should work with Congress to pass the necessary legislation.”

Locally in New Jersey, State Senator Paul Sarlo (D-Wood-Ridge) proposed legislation with similar intentions that would ban state entities from doing business with Russia, while a number of other New Jersey politicians have statements issued condemning the invasion.