On Wednesday, January 22, it became known that Canada has not yet confiscated the assets of Russian oligarch Roman Abramovich. Despite the promise to transfer them to Ukraine. CBC writes about this. It is noted that, despite the fact that the decision was made more than two years ago, no real steps have been taken in this direction. In addition, the possibility of withdrawing funds is still in question.. “Two years ago, Canadian Foreign Minister Melanie Joly announced that the government would confiscate $26 million belonging to sanctioned Russian oligarch Roman Abramovich and held in a Canadian bank account.. These funds should be transferred to the restoration of Ukraine,” the journalists recalled.
Then Joly said that these funds would be used to restore Ukraine and compensate the victims of Russian aggression.
Abramovich, who owns a stake in a metallurgical company with factories in the prairies, was added to the sanctions list at the beginning of 2022.
Canada's Foreign Ministry declined to explain the reasons for the delay..
" This is a complex process that can become a serious obstacle,” notes Clifford Sosnov, a lawyer from the international company Fasken.
In addition, Abramovich can appeal the seizure of assets, citing the investment protection agreement between Canada and Russia in 1991. The agreement provides for compensation for any "