Misappropriation of Ukrainian state funds: EU prolongs asset freezes against 13 persons by one year

05.03.2018

From left to right: Mr Costas KADIS, Cyprus Minister for Education and Culture; Mr Karmenu VELLA, European Commissioner for Environment, Maritime Affairs and Fisheries.

Photo: European Union


On 5 March 2018, the Council extended until 6 March 2019 the asset freezes against 13 persons 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 two persons were not extended. This decision was based on the annual review of the measures.  

The measures 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 6 March 2018.

Read the full press release here.

Visit the meeting page on the website of the Council of the European Union.

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