Misappropriation of Ukrainian state funds: EU prolongs restrictive measures

EU NEIGHBOURS. On 4 March, the European Council decided to prolong for one more year, until 6 March 2022, the existing asset freezes directed against 7 individuals identified as responsible for the misappropriation of Ukrainian state funds or for the abuse of office causing a loss to Ukrainian public funds. The restrictive measures against one person were prolonged until 6 September 2021, and those against two persons were not extended.

This decision was taken on the basis of the annual review of the measures.

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The sanctions were initially introduced in March 2014 and extended on a yearly basis since then.

The legal acts will be published in the Official Journal on 5 March 2021.

Photo: European Union

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