OTTAWA - The federal government plans to target a Russian oligarch using a law to confiscate and divert assets held by people who have been sanctioned, said Foreign Affairs Minister Mélanie Joly.

Canada will try to seize and forfeit US$26 million, or about C$36 million, from Granite Capital Holdings Ltd., a firm owned by Roman Abramovich, her office announced Monday.

The ºÃÉ«tv Press. All rights reserved.

More Politics Stories

Sign Up to Newsletters

Get the latest from ºÃÉ«tvNews in your inbox. Select the emails you're interested in below.