EU extends sanctions against eighteen individuals listed for misappropriation of Ukrainian state assets
March 06th, 2015
- Posted by europeansanctions.com
Posted on March 6th, 2015 by Michael O'Kane on europeansanctions.com
On 5 March 2015, European Union officials announced that EU
asset freezes against ousted Ukrainian President Viktor Yanukovich and
seventeen others suspected of misappropriating state assets had been
extended. The sanctions are extended by twelve months for fourteen of the
listed individuals and by three months for the remaining four.
In a statement,
the European Council said that the sanctions targeted "persons subject to
initial investigations on the embezzlement of Ukrainian state funds", and that
"The Council has adjusted the sanctions to take account of progress in these
The sanctions were originally brought into force on 6 March
2014 (see previousblog)
Regulation (EU) 208/2014 and Council
A list of sanctions in force against Ukraine can be found in
the "sanctions in force"
section of this website.
This article first appeared on European Sanctions Law & Practice (http://europeansanctions.com/), a blog by Maya Lester (+44 20 7379 3550, firstname.lastname@example.org), a barrister at Brick Court Chambers, and Michael O'Kane (+44 (0) 20 7822 7777 email@example.com), head of Business Crime at Peters & Peters.