Ukraine plans to seize Russian foreign property to compensate for ‘lost’ Crimea

[Свободный Ион]

Kiev will nationalize Russian overseas property as compensation for the losses over Crimea’s reunification with Russia, Ukraine’s Deputy Minister of Justice Natalia Sevostyanova said. The decision is now up to the European Court of Human Rights.
Ukraine will be able to use this effective instrument if the European Court of Human Rights rules in favor of Kiev, Sevostyanova told “Channel 5,” Ukraine’s National News (UNN) reported on Tuesday.
“There will be a stage of satisfaction, when we’ll determine the amount by which the compensation will be directly paid to… The tool of property seizure is very effective abroad. Russia currently has a lot of such property in other countries,” Sevostyanova said.
More than 400 Ukrainian companies and 18 gas fields have been nationalized in Crimea, according to Ukraine’s Ministry of Justice.

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