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Posted On

07
December
2021

Zelensky enacts NSDC decision on sanctions against new nominal owners of aircraft flying from Kyiv to Moscow

KYIV. Dec 7 (Interfax-Ukraine) – President of Ukraine Volodymyr Zelensky has signed a decree enacting the decision of the National Security and Defense Council (NSDC) of November 10, 2021 on the imposition of economic sanctions against companies to which the aircraft that previously operated on the Kyiv-Moscow route were reissued.

Corresponding decree No. 625/2021 was published on the president’s website.

The sanctions have been imposed against the companies ALPHA BRAVO AVIATION LLC and G200 203 LLC registered in the USA, as well as against the company CASCADE HOLDING registered in the Cayman Islands.

The sanctions provide for the prohibition of issuing and canceling existing permits and plans to operate flights with aircraft No. 375AB (s/n 261), No. 673DM (s/n 203) and T7-CSCD (sn 2072).

In addition, the NSDC decision provides for blocking the assets of companies, limiting trade operations, limiting the transit of resources, flights and transportation through the territory of Ukraine, preventing the withdrawal of capital from Ukraine, and suspending the fulfillment of economic and monetary obligations.

As reported, sanctions on five aircraft on which flights were carried out on the Kyiv-Moscow route were imposed by the NSDC decision on February 19, 2021. Viktor Medvedchuk’s plane was among them, which, according to NSDC Secretary Oleksiy Danilov, "has been at the Kyiv Sikorsky International Airport (Zhuliany) airport from the first day when the sanctions imposed on him, and has never taken off from there." Another four planes were outside Ukraine.

Later the planes were re-registered with American companies and one with an offshore company. On November 10, the NSDC re-imposed sanctions on them.

Head of the SBU Ivan Bakanov said at a briefing that "the owners of these planes tried to change the legal companies that own or use these planes, therefore, having monitored this process, we turned to the NSDC in order to apply sanctions to new companies that use those same planes."