Court of the European Union upheld the freezing of assets of former President of Ukraine Viktor Yanukovych and his son Alexander.
The EU court has recognized the legality of freezing assets Yanukovichrussia of the Court of justice was announced on Thursday in Luxembourg, reports mediaUA with reference to "UKRINFORM".
"The court of justice (the appellate chamber of the Court of the EU - ed.) confirmed the legality of freezing the assets of Viktor Yanukovych and his son Alexander in the period from 6 March 2015 to 6 March 2016," - said the EU Court.
We are talking about the lawsuit of the family of Yanukovych, which they appealed against the decision of the court of justice a year ago. On 15 September the European court of General jurisdiction (General Court) made a decision about the two waves of sanctions imposed by the EU Council against the former President and his son. Then in Luxembourg, "in retrospect" lifted sanctions, dated 2014, but confirmed the potential of newer sanctions from 2015.
Viktor and Oleksandr Yanukovych appealed last year's decision in the European court (European Court of Justice), which considers appeals of decisions rendered by the first instance Court of the EU.
The Grand chamber of the EU Court fully confirmed the initial decision, recognizing the legitimate European sanctions against Yanukovych, freeze assets.
The court also finds that plaintiffs have not provided any evidence which could cast doubt on the validity of the charges brought against them in Ukraine.
The decision of the European court concerns only one wave of sanctions, which operated from March 2015 to March 2016 and, respectively, now expired its Statute of limitations. However, it suggests that attempts by the family of Yanukovych to challenge the next wave of sanctions against them (in particular, imposed in 2016 and 2017) will likely also be unsuccessful, the report said.