Zelensky imposes five-year sanctions against Medvedchuk's ally, his TV channels

Monday, 22 March 2021, 12:56
Zelensky imposes five-year sanctions against Medvedchuk's ally, his TV channels
03.02.2021 09:16
Ukrinform
Ukrainian President Volodymyr Zelensky has enacted the National Security and Defense Council decision of February 2, 2021 on the application of sanctions against MP Taras Kozak and television channels 112 Ukraine, NewsOne, and ZIK, the press service of the President's Office has reported.
"To enact the decision of the National Security and Defense Council of Ukraine of February 2, 2021 'On the application of personal special economic and other restrictive measures (sanctions)'," the report reads.
Taras Kozak, who is believed to be an ally of Viktor Medvedchuk, owns TV channels 112 Ukraine, ZIK, and NewsOne. The following restrictive measures have been imposed against him: blocking of assets (temporary restrictions on a person's right to use and dispose of property belonging to them); restrictions on trade operations; restriction, partial or complete cessation of the transit of resources, flights and transportation through the territory of Ukraine; preventing the withdrawal of capital from Ukraine; suspension of economic and financial obligations; revocation or suspension of licenses and other permits the receipt (availability) of which is a condition for carrying out a certain type of activity; complete or partial prohibition of transactions in securities issued by persons subject to sanctions in accordance with the law of Ukraine on sanctions; terminating the issuance of permits, licenses for import to Ukraine from a foreign state or export from Ukraine of currency values and restricting cash issuance on payment cards issued by residents of a foreign state; prohibition of technology transfer, intellectual property rights.

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