09:10 22.02.2021

Zelensky signs decree imposing sanctions on MP Medvedchuk

2 min read
Zelensky signs decree imposing sanctions on MP Medvedchuk

Ukrainian President Volodymyr Zelensky has signed a decree putting into effect the decision of the National Security and Defense Council (NSDC) of Ukraine to impose sanctions on Verkhovna Rada member Viktor Medvedchuk for three years, the presidential press service said on Saturday.

"The decision of the National Security and Defense Council of Ukraine to use and amend special economic and other restrictions (sanctions) of February 19, 2021, as appended, shall enter into effect," the press service said.

NSDC Secretary Oleksiy Danilov has been tasked with monitoring the implementation of the decision, it said.

The decree enters into effect on the day of its publication.

On Friday, the NDSC made a decision to impose sanctions against 19 legal entities and eight individuals, including five Russian citizens and three Ukrainians. Medvedchuk and his wife Oksana Marchenko are among the designated Ukrainian individuals.

Ukrainian citizen Natalia Lavreniuk was also subjected to sanctions.

Konstantin Vatskovsky, Vitaly Donchenko, Sergei Lisogor, Alexander Maslyuk, and Mikhail Popov are the five designated Russians.

According to the NSDC decision, the sanctions against Medvedchuk envisage freezing of assets, restrictions on trade operations, the suspension of the fulfillment of economic and financial obligations, and the annulment of licenses to use subsurface resources. Transit of resources across the territory of Ukraine and the withdrawal of capital from the country are also prohibited.

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