Misappropriation of Ukrainian state funds: EU prolongs restrictive measures
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.
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.
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