EU May Drop Asset Freeze and Lift Sanctions Against Three Yanukovych Associates - WSJ

The set of sanctions the European Union imposed on former Ukrainian President Viktor Yanukovych and some close associates over corruption allegations is facing legal problems that look set to force Brussels to drop at least some of the targets, according to EU officials and diplomats.

The Wall Street Journal writes citing EU officials and diplomats, Censor.NET informs.

The EU has already lost a series of court cases involving Iranian and Syrian people and companies who successfully challenged sanctions against them.

Fourteen of the 22, including the former president and his sons, have already filed a challenge to the sanctions in the EU's top courts, a European Court of Justice Official said.

Read also: EU to Impose Sanctions Against Tourism and Energy Sectors of Occupied Crimea

According to diplomats and officials, there are legal concerns about more than two-thirds of 22 people currently targeted over misappropriation of state funds. The EU is likely to drop its asset freeze on three Ukrainians who were sanctioned this spring because the cases against them in Ukraine have run out of steam, the diplomats said. The EU's lawyers have also raised concerns about the asset freeze imposed on another 13 people who may not have been correctly informed by Ukrainian authorities about the cases against them.

The names of the three people set to be dropped from the list weren't disclosed. But two people involved in discussions said they don't include Mr. Yanukovych and his sons.

Read also: Yanukovych Was Trying to Withdraw 20 Million Hryvnia from Oshchadbank Accounts to Bring Money Abroad - Yarema

Officials familiar with the case acknowledge the EU asset freezes were put together quickly at a time when there was great political pressure on the EU to respond to the events in Ukraine. They insist that the EU did seek to check the information provided by Kyiv but say it wasn't possible to verify all the reasons given for the investigations.

Источник: https://en.censor.net.ua/n315994