Oireachtas Joint and Select Committees
Wednesday, 1 June 2022
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Use of Section 110 by Russian Firms: Dr. Jim Stewart
Jim O'Callaghan (Dublin Bay South, Fianna Fail) | Oireachtas source
Even if we manage to freeze sanctioned Russian assets, Dr. Stewart made a very interesting point in his paper about confiscation. Obviously confiscation is distinct from freezing. I noticed he referred to a draft directive of the European Commission. Are there rules in place dealing with the confiscation of frozen assets or is it simply that they are frozen and nothing further happens?
No comments