The World Refugee & Migration Council welcomes and applauds the Government of Canada’s decision to launch proceedings to seize and pursue the forfeiture of US $26 million from Granite Capital Holdings Ltd., a company owned by Roman Abramovich — a Russian oligarch.
Canada Starts First Process to Seize and Pursue the Forfeiture of Assets of Sanctioned Russian Oligarch
The Honourable Mélanie Joly, Minister of Foreign Affairs, today announced that Canada will seize and pursue the forfeiture of US $26 million from Granite Capital Holdings Ltd., a company owned by Roman Abramovich — a Russian oligarch sanctioned under the Special Economic Measures (Russia) Regulations.
Canadians Overwhelmingly Support Seizing the Canadian Assets of Corrupt Foreign Officials Who Are Violating Human Rights in Russia and Iran
A majority of Canadians support seizing the Canadian assets of foreign officials who are violating human rights, and using these assets to help victims, according to a new public opinion poll.
Repurposing Assets for the Forcibly Displaced
Read about the WRMC’s work on repurposing frozen assets to assist those forcibly displaced by acts of grand corruption.
Frozen Russian Assets and the Reconstruction of Ukraine: Legal Options
This research paper assesses the four main legal options in dealing with frozen Russian assets: continued freezing, confiscation, private claims, and enforcement of a foreign judgement or international award.