The National Security and Defense Council of Ukraine has imposed sanctions against significant individuals and legal entities of Russia, President Volodymyr Zelensky said in a video message on September 30.

According to the president, Russians who “did not find the courage to stand up for humanity and international law or are involved in aggressive actions against Ukraine and the community of democratic peoples” fell under the sanctions..

The President also called on people's deputies to support at the next meeting of the Verkhovna Rada a draft law on the nationalization of all Russian assets, which should simplify this procedure..

The decision of the National Security and Defense Council to impose sanctions allows the Ministry of Justice to file a lawsuit against the VACS in order to confiscate the property of Russians in Ukraine for the needs of the Ukrainian army. The absence of sanctions slows down the procedure for the confiscation of assets of Russian oligarchs in Ukraine and allows the return of seized property through the courts.

Secretary of the National Security and Defense Council Alexei Danilov stressed that the sanctions package includes “thousands of names” of representatives of Russian business, as well as companies. At the same time, he did not give specific examples and did not specify whether there are oligarchs close to the President of the Russian Federation in it..

“These sanctions include a large “package” of Russian oligarchs, Russian industrial companies, officials, State Duma deputies. This is a very big project.. We have been working on it for a very long time.. There are thousands of names, thousands of companies included in this sanctions package,” he said..

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The ability to confiscate the assets of persons under sanctions appeared after the update in May of this year of the Ukrainian legislation on sanctions. But why the “trap” for Russian oligarchs who are used to making money in Ukraine does not work, Yulia Samaeva explains in the article “Why sanctions against the Russian Federation in Ukraine are turning into a corrupt business and who is not ashamed of it”.