Ukraine: EU sanctions two additional businesspeople in relation to the illegal annexation of Crimea
April 26, 2022

Ukraine: EU sanctions two additional businesspeople in relation to the illegal annexation of Crimea

Last week, the Council of the European Union adopted restrictive measures, within the existing sanctions framework, on two more individuals for their role in undermining or threatening the territorial integrity, sovereignty and independence of Ukraine and for benefitting from Russian decision-makers responsible for the illegal annexation of Crimea or the destabilisation of eastern Ukraine.

These persons are:

Serhiy Vitaliyovich Kurchenko, a Ukrainian national, who among other actions, took control of several large metallurgical, chemical and energy plants in the separatist-held areas with support from pro-Russia separatists. Moreover, Kurchenko strengthened the independent power supplies of the Crimean peninsula. He also owns the largest oil depot on the Crimean Peninsula.

Yevgeniy Viktorovich Prigozhin is a prominent Russian businessman with close ties to President Putin and the Russian Ministry of Defence. He is the founder and unofficial head of the Wagner Group, a Russia-based unincorporated military entity, responsible for the deployment of Wagner Group mercenaries in Ukraine. Some of his companies have been benefitting from large public contracts with the Russian Ministry of Defence following the illegal annexation of Crimea by Russia and occupation of eastern Ukraine by Russia-backed separatists.

EU restrictive measures regarding the undermining of territorial integrity of Ukraine now apply to a total of 1093 persons and 80 entities. Those designated persons and entities are subject to an asset freeze – including a prohibition on making funds available to them – and, additionally, those persons are subject to a travel ban, which prevents them from entering or transiting through the EU.

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