Canadian police announced the blocking of Russian assets for $ 314 million

The Canadian authorities have frozen both the funds in the accounts and those that participated in the transactions. Now the country is discussing a bill that will allow not only to block, but also to confiscate the assets of sanctioned persons

From the beginning of the Russian operation in Ukraine until June 7, Canada blocked 412.1 million Canadian dollars ($328.6 million) that were on Russian accounts or appeared in transactions involving persons included in the sanctions lists, according to the website of the Canadian police.

In particular, 123 million Canadian dollars ($98.1 million) were frozen accounts of Russians, another 289 million ($230.5 million) were blocked as part of transactions.

At the end of April, the Canadian Foreign Ministry announced that the country was planning to change the law in order to be able to sell the confiscated assets of those who were under sanctions. “We are looking for opportunities not only to freeze, but also to confiscate the assets of individuals and legal entities that fell under the sanctions in order to compensate victims with the proceeds,” — said Foreign Minister Mélanie Joly.

According to the National Post, movable and immovable property, as well as bank accounts and crypto wallets, may be affected by the amendments.

According to the CBC, the proposed amendments do not specify who exactly will receive the proceeds and whether they will be transferred to humanitarian organizations or directly to the Ukrainian government. The Ministry of Finance and the Foreign Ministry told the TV channel that the bill is now undergoing a legal assessment.

It is expected that the House of Commons will approve the bill by the end of June, CBC notes.

Read on RBC Pro Pro Is it worth it to adopt the strange healthy lifestyle habits of Silicon Valley Pro articles Five mistakes that will fail your additional sales Articles Pro Serendipity: how to make a coincidence non-random Pro instructions Where to send children to study abroad now: version 2022 Pro instructions Geography of employees more and more: how the community will help and how to create it Instructions Pro Russia is waiting for galloping inflation. Why it is dangerous for business Articles Pro Music, dances, tongue twisters: what will help improve brain function Articles Pro Tomorrow may no longer work: 3 steps to meaningful software import substitution Instructions

After the start of the Russian military operation, Canada announced several sanctions packages. They included sanctions against individuals and legal entities, as well as export restrictions. The last expansion of the corresponding list took place on June 8: then sanctions were imposed on seven industries and 28 types of services, including the extraction of coal, crude oil, natural gas, and the production of petroleum products.

Authors Tags Subscribe to RuTube RBC Live broadcasts, videos and recordings of programs on our RuTube channel

Источник rbc.ru

Leave a Reply

Your email address will not be published. Required fields are marked *