Estonia Freezes Assets of Sevastopol Mayor ({{commentsTotal}})

News
News

Estonia has imposed international financial sanctions on two companies owned by the mayor of Aleksei Chaliy of Sevastopol, Ukraine.

The two business are controlled by Chaliy. One of them, Tavrida Electric Export, is registered in Estonia and the other, Tavrida Electric Holding, is registered in Switzerland, said Kaarel Kuusk, a spokesman of the Estonian police to uudised.err.ee.

“Implementing financial sanctions means that the financial assets and economic resources belonging to the persons on the list or persons under their control will be frozen. The assets must not be directly or indirectly available to the persons included in the list of sanctions,” Kuusk said.

Tavrida Electric Export was founded in 2003 and sells industrial electronics in Tallinn.

Last month, following the referendum in Crimea, the European Union imposed sanctions on 21 Russian and Ukrainian officials.

Chaliy told the Wall Street Journal that even though the decision of the European Council means his assets must also be frozen, only Estonia has taken real steps.

 



{{c.alias}}
{{c.createdMoment}}
{{c.body}}
{{cc.alias}}
{{cc.createdMoment}}
+{{cc.replyToName}} {{cc.body}}
No comments yet.
Logged in as {{user.alias}}. Log out
Login failed

Register user/reset password

Name needs to be fewer than 32 characters long
Comment needs to be fewer than 600 characters long
{{comment.captcha.word.answer}}

news.err.ee

Opinion
Independence Day: Estonia’s way into the future isn’t a race

There is a lack of connection between the Estonian state, and the people who live here. While it expects a lot of the state, Estonian society doesn’t seem ready to contribute, writes Viktor Trasberg.

Lotman: Security academy would be crucial Estonian identity point in Narva

In an opinion piece published by Eesti Päevaleht, Tallinn University professor Mihhail Lotman found it important to overcome the mental barrier separating Ida-Viru County from the rest of Estonia.

About us

Staff & contacts | Comments rules

Would you like to contribute an article, a feature, or an opinion piece?

Let us know: news@err.ee