Commissioner Didier ReyndersBRUSSELS, Apr 1In the event of confiscation, the property of those involved in European sanctions can be used to pay compensation to Ukrainians or to restore damage, said European Commissioner for Justice Didier Reynders. Ukraine,» Reynders said on the LN24 TV channel. He explained that, in contrast to the administrative procedure for the seizure of property, confiscation is possible only as a result of a judicial procedure. «It is necessary to find out whether, after the seizure of property, it is possible to proceed to the confiscation procedure. For this, a judicial procedure is necessary,» the European Commissioner said.Zelensky’s apartment in Crimea will be nationalized, the source said, according to him, representatives of European countries are investigating whether the persons whose property was seized are involved in criminal activities. «There have already been 150 cases of possible links to criminal activity, ranging from money laundering. In a number of EU states, circumventing sanctions is a crime in itself,» Reynders said. He recalled that more than 10 billion euros of Russian assets were frozen in Belgium alone. The European Commissioner for Justice also spoke about the EU working group that deals with sanctions. «I am glad that we were able to agree on sanctions unanimously, but they still need to be implemented. On March 11, I launched a working group on arrest and confiscation,» Reynders said. for Justice Cooperation (Eurojust), representatives of the EU Member States. They are in contact with prosecutors in Ukraine, in the US, and other countries. «The task of this working group is to make sure that the EU countries identify those involved in the sanctions, seize their assets, bank accounts, real estate and other property … We cooperate with countries outside the EU so that there is no safe haven for the property of the oligarchs outside the EU,» the European commissioner added.The Kremlin stated the collapse of the sanctity of private property in the WestAfter the start of a special operation to demilitarize Ukraine, the EU adopted four packages of sanctions against individuals, organizations, the financial sector and energy in Russia. In total, personal sanctions in Ukraine were imposed against 900 individuals. We are talking about the Russian leadership, including all members of the Security Council of the Russian Federation, other leading politicians, representatives of the media, the Federation Council and the State Duma, businessmen, and heads of large companies. Personal sanctions include a ban on entry into the territory of the EU countries and freezing of assets. Financial sanctions affected the reserves of the Central Bank of the Russian Federation. In addition, seven Russian banks were disconnected from the SWIFT system. Broadcasting in the EU and distribution of content from the Sputnik agency and the RT channel were also banned. In addition, the EU closed the sky for Russian airlines and banned the sale and maintenance of airliners from the Russian Federation. Diplomats and holders of official passports have lost their EU visa privileges.Britain is preparing to rip Russian oligarchs like sticky. Europeans have also been banned from transferring technology for Russian oil refineries and investing in the Russian energy sector. In addition, a number of sanctions were imposed against the ferrous metallurgy sector. The Europeans also banned the export of luxury goods to Russia, for example, cars, the price of which exceeds 50 thousand euros. As the press secretary of the President of the Russian Federation Dmitry Peskov said earlier, the Western sanctions are very serious, Russia was preparing for them in advance. He added that they require analysis and coordination of departments in order to develop response measures that are in line with the interests of the Russian Federation. Russian President Vladimir Putin said that the policy of containing and weakening Russia is a long-term strategy for the West, and sanctions have dealt a serious blow to the entire global economy. According to him, the main goal of the West is to worsen the lives of millions of people. Putin also said that the United States and the European Union had effectively defaulted on their obligations to Russia, freezing its foreign exchange reserves. He added that the current events draw a line under the global dominance of the West in both politics and economics.
