European court cancels sanctions against Ukrainian businessman Klyuyev

19:00, 21 February 2018

The European court cancelled sanctions against Serhiy Klyuyev, the Ukrainian businessman, known to be close to the ‘family’ of ex-President Viktor Yanukovych. The court allowed the appeal of the former MP, which he had filed in 2015.

According to Klyuyev, the EU Council’s decision to freeze his assets was illegal, since the EU authority could not prove that he embezzled government funds in Ukraine. The court of Luxembourg asked the EU Council to check the circumstances of Klyuyev’s inclusion to the black list of sanctioned Ukrainian officials.

The court also settled the two-month period for any possible appeals to be filed by the EU Council. When it’s over, the sanctions will be lifted completely. The EU, however, keeps the sanctions against other thirteen sidekicks of ex-president Yanukoyvch.

Among them are his son Oleksdandr Yanukovych, Prime Minister Mykola Azarov, his successor Serhiy Arbuzov and Andriy Klyuev, the former head of presidential administration and the brother of Serhiy Klyuyev.