The Council of the European Union has today added 4 people to the list of individuals whose assets are frozen in the EU on the grounds that they are “subject to investigation in Ukraine for involvement in crimes in connection with the embezzlement of Ukrainian State funds and their illegal transfer outside Ukraine.”
They are Serhiy Arbuzov (former Prime Minister of Ukraine), Yuriy Ivanyushchenko, Oleksandr Klymenko (former Minister of Revenues and Charges) and Edward Stavytskyi (Former Minister of Fuel and Energy of Ukraine).
The EU originally imposed these sanctions relating to Ukraine on 21 individuals in March 2014, reported here. The UK Treasury notice implementing these changes is here. The new EU Regulation and Decision are here, and on the sanctions in force section of this blog. The Council has also published Notices for the attention of everyone re-listed in the annex to these provisions informing them that they have two months in which to challenge their designations in the European court.