Canada set to seize Abramovich's assets

Ottawa will be the first among G7 countries to use a law that allows sanctioned assets to be forfeited by a court order

Canada intends to arrest and confiscate $26 million from the sanctioned company Granite Capital Holdings owned by Russian billionaire Roman Abramovich, the Canadian Foreign Ministry announced on Monday.

Canada, along with the EU and the UK, imposed sanctions on Abramovich