This country actually set a historical precedent
The amount of frozen assets will increase every day / Photo: Getty Images, Collage: Today
Canada passed amendments to the Special Economic Measures Act. They actually provide for the confiscation of foreign (RF assets) property and its transfer to another foreign state (Ukraine).
This is reported by the Government of Canada.
So, as of June 7, law enforcement officers of Canada have already arrested the assets of the Russian Federation for a total amount of about 328 million US dollars. This amount will increase every week, as new transactions, property or accounts are constantly found. In addition to this, the list of individuals and legal entities subject to sanctions is also being expanded.
How wrote on Twitter, the head of the Office of the President of Ukraine Andriy Yermak, this is “the first precedent for strengthening such a mechanism in the legislation after the start of the war.”
Source: Segodnya
I have been working in the news industry for over 10 years now and I have worked for some of the biggest news websites in the world. My focus has always been on entertainment news, but I also cover a range of other topics. I am currently an author at Global happenings and I love writing about all things pop-culture related.
