European Union can use property of defendants of sanctions for needs of Kyiv

In the event of confiscation of property of the defendants of the Sanctions of the European Union, it can be used to pay compensation to Ukrainians or on the restoration of destruction, said European Commissioner on Justice of Didier Reinders on the TV channel LN24.

According to him, it is planned to create a fund to support Ukraine so that confiscated and arrested property can be sent to compensate for victims or to restore Ukraine.

Reinders also noted that in contrast to the administrative procedure for the arrest of confiscation property, it is available only within the framework of the judicial procedure: “It should be found out if there is a possibility of transition to the confiscation procedure after the property arrest. This will require a judicial procedure.”