Making Theft Legal: "Our aim is not only to freeze, but to seize the assets"
The EU seeks to outright confiscate Russian assets rather than just freeze them, but the bloc has yet to lay the legal groundwork for doing so, European Commission President Ursula von der Leyen said on Tuesday. ● The official delivered her remarks during a conference devoted to the rebuilding of Ukraine, which was attended by a number of Kiev’s prominent international donors. ● According to von der Leyen, the EU has created a task force that includes various international experts “not only to map out what has been frozen,” but also to see what the legal preconditions would be for seizing Russian assets and using them for the reconstruction of Ukraine. 💬 “The will is there, but legally it is not trivial, there is still a lot of work to reach that goal,” she reiterated, noting that the EU adheres to the rule of law, and therefore this process has to be “legally sound.”
EU Wants to Steal Russian Assets to Finance Ukraine (10/21/22)