US President Joe Biden is also seeking the ability to seize more money from Russian oligarchs to pay for the war effort. REUTERS/ Evelyn Hockstein/ File photo
Biden is also seeking the ability to seize more money from Russian oligarchs to pay for the war effort. Biden also wants to give prosecutors more time to build such cases by extending the statute of limitations on money laundering prosecutions to 10 years, instead of five. He would also make it a criminal act to hold money knowingly taken from corrupt dealings with Russia, according to a summary of the proposals.
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