01/13/23

Permalink EU backs member states seizing stealing Russian assets

An EC spokesman has also called for criminalizing circumventing the bloc’s sanctions against Moscow | So stealing Russian assets is OK, but a disagreement about their economic war against Russia is "criminal"? | The EU supports Estonia’s push to create a legal mechanism for confiscating Russian assets which were frozen as part of Ukraine-related sanctions, European Commission spokesman Christian Wigand said on Thursday as cited by RIA Novosti. Wigand has also called for criminalizing violations of the sanctions imposed on Moscow, adding that this would speed up the process of "seizing" frozen Russian assets. The EC outlined a proposal to harmonize criminal offenses and penalties for the violation of the bloc’s restrictive measures in December. The draft is expected to be discussed by the European Parliament and the Council soon.

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