EU to not unfreeze assets of Ukrainian businessman Klyuyev

Source : 112 Ukraine

The term of the appeal for the decision of the court should expire
13:15, 22 February 2018


The European assets of Serhy Klyuyev, the Ukrainian businessman who was recently removed from the sanction list by the European Court will not be unfrozen as DW reported citing the EU Court.

The court determined to wait until the term of the appeal for the decision of the court expires. The representatives of the EU Council did not report on the intentions of the department to appeal for the decision to unfreeze the assets of Serhy Klyuyev.

Related: US looking for new sanctions against Russia

However, the appeal is not really meaningful, taking into account that the sanctions stop to act on March 6.

‘The European institutes consider all possible variants of the legal actions and will make a decision on the further actions in the proper time’, the EU Council representative noted.

Related: Ukraine’s National Bank to prolong sanctions against banks with Russian capital

As we reported on February 21, the European court made a decision on the illegality of the last wave of the sanctions imposed against Serhy Klyuyev, the businessman, former MP and brother of Andry Klyuyev, the former head of the Administration of the president by the EU Council in 2017.

The court noted that the sanctions can be imposed only against the officials who identified as the responsible for the illegal misappropriation of the state funds. The EU Court thinks that the EU Council should check the reasonableness of the accusations of the particular person before the imposing of the sanctions.

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