The National Security and Defense Council (NSDC) of Ukraine is imposing sanctions against 19 companies that are being held in the case of Golden Derrick, which is associated with former Energy Minister Eduard Stavytsky (later renamed as East Europe Petroleum) and the seizure of their permits for subsoil use since 2020, the Prosecutor General’s Office (PGO) has been unsuccessfully seeking in the courts.
“The maximum type of sanctions that can be applied by our country, imposed against these 19 companies by the National Security and Defense Council of our country,” NSDC Secretary Oleksiy Danilov said at a briefing on Friday after the meeting.
We are talking about Novo-Dykanska area (Geo Connect LLC), Popasniansko-Samarska (Adgein Macro LLC), Pivnichno-Pereschepynska (Global Geo Invest LLC), Vilshanska (Trans Set Geo LLC), Pivdenno-Svystunkovska (Eco Gas Alliance LLC), Pivdenno-Zinkivska (Epival Energy LLC), Birkovsko-Yukhnovska (Geo Post LLC), Flerovsko-Yuvileina (Yunolit Oil LLC), Runovschynska (Profi Naft LLC), Boyarsko-Chapaivska (Geo Target LLC), Druzhyninska (Nadra Pride LLC), Hulakivska (Best Geo Tech LLC), Zuivska (Geo Stance LLC), Butovsko-Myrhorodska (Nadra West Group LLC), Liutensko-Budyschanska (Geo Force Oil LLC), Pivnichno-Fedorivska (Best Oil Company LLC), Mayorovska (Nadraprostir LLC), Davydivsko-Leliukhovska (Geo Vertikal LLC) and Kliushnykivska (Info Geo Trend LLC).
Golden Derrick received these permits for exploration and production of oil and gas in 2012-2013 out of competition, since a third of its capital belonged to the state-owned NJSC Nadra Ukrainy.
U.S. Secretary of State Antony Blinken has announced sanctions against oligarch and former Ukrainian official Ihor Kolomoisky due to his involvement in major corruption.
“This designation is made under Section 7031(c) of the Department of State, Foreign Operations, and Related Programs Appropriations Act, 2020. In addition to Ihor Kolomoisky, I am publicly designating the following members of Ihor Kolomoisky’s immediate family: his wife, Iryna Kolomoiska, his daughter, Andzelika Kolomoiska, and his son, Israel Zvi Kolomoisky. This action renders Ihor Kolomoisky and each of these members of his immediate family ineligible for entry into the United States,” Blinken said in a statement released by on the website of the U.S. Department of State on Friday.
Blinken said that in his official status as the head of Dnipropetrovsk region of Ukraine from 2014 to 2015, Kolomoisky was involved in corrupt acts that undermined rule of law and the Ukrainian public’s faith in their government’s democratic institutions and public processes, including using his political influence and official power for his personal benefit.
“While this designation is based on acts during his time in office, I also want to express concern about Kolomoisky’s current and ongoing efforts to undermine Ukraine’s democratic processes and institutions, which pose a serious threat to its future,” the secretary of state said.
“This designation reaffirms the U.S. commitment to supporting political, economic, and justice sector reforms that are key to Ukraine’s Euro-Atlantic path. The United States continues to stand with all Ukrainians whose work drives reforms forward. The Department will continue to use authorities like this to promote accountability for corrupt actors in this region and globally,” Blinken said.
Aforementioned Section 7031 of the Department of state, Foreign Operations and Related Programs Appropriations Act gives the Secretary of State the power to deny entry to the United States of foreign government officials and their immediate family members, in respect of whom there is reliable information that they are involved in significant corruption (including related to the extraction of natural resources) or in gross violation of human rights.
An exception may be entry into the United States if it will contribute to the achievement of important goals of the U.S. law enforcement agencies or occurs within the UN Headquarters Agreement.
U.S. Secretary of State Antony Blinken has announced sanctions against oligarch and former Ukrainian official Ihor Kolomoisky due to his involvement in major corruption.
“This designation is made under Section 7031(c) of the Department of State, Foreign Operations, and Related Programs Appropriations Act, 2020. In addition to Ihor Kolomoisky, I am publicly designating the following members of Ihor Kolomoisky’s immediate family: his wife, Iryna Kolomoiska, his daughter, Andzelika Kolomoiska, and his son, Israel Zvi Kolomoisky. This action renders Ihor Kolomoisky and each of these members of his immediate family ineligible for entry into the United States,” Blinken said in a statement released by on the website of the U.S. Department of State on Friday.
Blinken said that in his official status as the head of Dnipropetrovsk region of Ukraine from 2014 to 2015, Kolomoisky was involved in corrupt acts that undermined rule of law and the Ukrainian public’s faith in their government’s democratic institutions and public processes, including using his political influence and official power for his personal benefit.
“While this designation is based on acts during his time in office, I also want to express concern about Kolomoisky’s current and ongoing efforts to undermine Ukraine’s democratic processes and institutions, which pose a serious threat to its future,” the secretary of state said.
“This designation reaffirms the U.S. commitment to supporting political, economic, and justice sector reforms that are key to Ukraine’s Euro-Atlantic path. The United States continues to stand with all Ukrainians whose work drives reforms forward. The Department will continue to use authorities like this to promote accountability for corrupt actors in this region and globally,” Blinken said.
Aforementioned Section 7031 of the Department of state, Foreign Operations and Related Programs Appropriations Act gives the Secretary of State the power to deny entry to the United States of foreign government officials and their immediate family members, in respect of whom there is reliable information that they are involved in significant corruption (including related to the extraction of natural resources) or in gross violation of human rights.
An exception may be entry into the United States if it will contribute to the achievement of important goals of the U.S. law enforcement agencies or occurs within the UN Headquarters Agreement.
The EU Council decided to extend for another year, until March 6, 2022, sanctions in the form of freezing assets for seven persons identified as responsible for the misappropriation of Ukrainian state funds.
The corresponding decision was published on Thursday. “The Council today decided to prolong for one more year, until March 6, 2022, the existing asset freezes directed against seven individuals identified as responsible for the misappropriation of Ukrainian state funds or for the abuse of office causing a loss to Ukrainian public funds. The restrictive measures against one person were prolonged until September 6, 2021, and those against two persons were not extended,” the statement said.
The EU Council noted that this decision was taken on the basis of the annual review of the measures, with the subsequent publication in the Official Journal on March 5, 2021.
The names of those, in respect of which the sanctions were not extended, were not indicated. Initially, there were 18 people in the sanction list.
President of Ukraine Volodymyr Zelensky has introduced into action the decisions of the National Security and Defense Council of Ukraine, by which Ukraine joined the sanctions imposed by the UN Security Council against the Republic of Mali and the Republic of Yemen.
The decision provides for the application of sanctions against individuals. The Cabinet of Ministers and the Security Service of Ukraine are instructed to ensure the implementation and monitoring of the effectiveness of the sanctions, the Ministry of Foreign Affairs is to inform the UN Security Council and the competent authorities of the European Union, the website of the President of Ukraine reported on Saturday.
A personal list of persons against whom sanctions have been imposed is contained in the order of the Cabinet of Ministers dated January 20, 2021.
Citizen of China Wang Jing and affiliated Beijing Xinwei Technology Group Co., Ltd; Beijing Skyrizon Aviation Industry Investment Co., Ltd (both based in Beijing); Skyrizon Aircraft Holdings Limited (the British Virgin Islands) and Hong Kong Skyrizon Holdings Limited (Hong Kong), which have been trying in recent years to realize the rights of PJSC Motor Sich shareholders in Ukraine, have been included in the sanctions list of Ukraine.
According to the decision of the National Security and Defense Council (NSDC) and the decree of President of Ukraine Volodymyr Zelensky dated January 28 (No. 29), the sanctions imposed on them for three years provide, in particular, the blocking of assets, restriction of trade operations, partial or complete cessation of transit of resources, flights and transportation on the territory of Ukraine.
Other restrictions include preventing the withdrawal of capital from Ukraine, a complete ban on transactions with securities of which they are issuers, and a ban on the purchase of enterprises in Ukraine.
The list of sanctions also includes a ban on increasing the size of the charter capital of business entities in which the persons under sanctions own 10% or more, and the cancellation of official visits, meetings, negotiations on signing contracts or agreements.
