Zelensky allowed the confiscation of property of those who support Russian aggression
Volodymyr Zelenskyy ,
KYIV. UkraineGate , 23 , May , 2022 | Society.
The President of Ukraine Volodymyr Zelensky signed a law on sanctions related to the assets of individuals, allowing the confiscation of property of those who support Russian aggression, according to a court decision, according to the website of the President .
Quote
The procedure of identifying and confiscating the assets of sanctioned persons who in one way or another support the aggression of the occupiers against Ukraine will allow to quickly and effectively replenish the Ukrainian budget at the expense of enemies. The law provides clear instructions for its participants “, – the Head of State noted.
Details
Thus, the law establishes a new type of sanctions in the form of recovery in the state revenue of assets belonging to a natural or legal person, as well as assets that it can directly or indirectly dispose of. There are clear criteria according to which a person can be classified as one of those to whom such a sanction applies.
It is determined that the central body of executive power, which ensures the implementation of state policy in the field of recovery of state assets, will be responsible for finding assets and going to court. It is expected that such a body will be the Ministry of Justice of Ukraine, which should organize work to identify and search for blocked assets of individuals and legal entities specified in the decisions of the National Security and Defense Council of Ukraine.
In addition, the Supreme Anti-Corruption Court (WACC) will conduct administrative proceedings in cases of sanctioning the recovery of assets into state revenue.
Addition
This is the law “On Amendments to Certain Laws of Ukraine on Improving the Effectiveness of Sanctions Related to the Assets of Individuals”, which the Verkhovna Rada passed on May 12.
Thus, on April 21, the Verkhovna Rada voted in favor of the law, but Zelensky returned it with his proposals to parliament for reconsideration in the session hall. After the adoption of the amended law, the President signed the document.
Before
President of Ukraine Volodymyr Zelensky signed a law on confiscation of property and facilities of Russia and its residents in Ukraine.
Source: Ukrgate
