The European Commission will present a legal initiative in two weeks to make it a crime to evade the implementation of EU sanctions against Russia.
Such a move would facilitate the confiscation of frozen assets linked to the Russian Federation.
Politico writes about this, citing sources.
The expropriation of assets is a matter of national law, which differs from country to country. In addition, sanctions evasion is not a criminal offense in all EU countries. The proposal of the European Commission should harmonize national rules with those of the European Union, the newspaper writes.
The question of what to do with assets or proceeds from them will be decided by the EU countries on their own. Discussions are currently ongoing about the possibility of channeling such funds to help Ukraine.
Earlier it became known that the German Federal Criminal Police Office arrested the 115-meter yacht Luna, owned by Russian billionaire Farhad Akhmedov. Since the beginning of April, the pro-Kremlin oligarch has been on the EU sanctions list due to Russia’s war against Ukraine. The yacht can be confiscated and sold in favor of Ukraine.
Recall that the Cabinet of Ministers approved a document according to which Russian assets in the country are transferred to the state, or rather to the State Enterprise National Investment Fund.
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