Saturday

21st Oct 2017

Belarus oligarch wins EU sanction case in Lithuania court

  • A court in Lithuania allows Belarus oligarch to access personal bank accounts despite EU sanctions. (Photo: Joachim Quandt)

A court in Vilnius ruled on Tuesday (28 August) to allow a Belarus oligarch and weapons tycoon currently under EU sanctions to pay his lawyer's fees in Lithuania.

The court found insufficient grounds by Lithuania’s Ministry of Foreign Affairs to block Belarus billionaire Vladimir Peftiev from using the money to pay his lawyers’ fees.

Thank you for reading EUobserver!

Subscribe now for a 30 day free trial.

  1. €150 per year
  2. or €15 per month
  3. Cancel anytime

EUobserver is an independent, not-for-profit news organization that publishes daily news reports, analysis, and investigations from Brussels and the EU member states. We are an indispensable news source for anyone who wants to know what is going on in the EU.

We are mainly funded by advertising and subscription revenues. As advertising revenues are falling fast, we depend on subscription revenues to support our journalism.

For group, corporate or student subscriptions, please contact us. See also our full Terms of Use.

If you already have an account click here to login.

The Lithuania lawfirm Lawin are representing Peftiev at the EU court in Luxembourg in his attempt to lift the asset freeze and visa ban imposed by the EU in June of last year.

Lithuania’s ministry of foreign affairs spokeswomen told AFP that the court failed to assess “many important circumstances” and that it would appeal the ruling.

Vytis Jurkonis, an analyst from the Eastern Europe Studies Centre, a non-profit based in Lithuania that promotes civil society, told Radio Free Europe that the court had considered two cases, reports opposition website Charter ’97.

“A decision was taken only in one of them having relation to the company that defends Peftiev's interests. The decision related to the possibility of using the money transferred to company's account by Peftiev. It does not influence Brussels sanctions. Of course, a Lithuanian court cannot annul a decision of Brussels,” said Jurkonis.

Jurkonis claims the money belonged to Lawin and was specifically allocated to defend Peftiev’s case.

“The question was to allow them to use this money. It will have no impact on Brussels sanctions or Lithuania’s foreign policy,” noted Jurkonis.

The EU also froze three of Peftiev companies, including weapons company Beltechexport, telecoms operator Beltelcom and marketing business Sport-Pari.

Beltechexport is the country’s largest weapon’s manufacturer and produces aircraft, small arms, and armoured vehicles. The company acts as a middleman between Russian arms firms and dictators in Africa, Central Asia, south-east Asia and South America.

The EU, for its part, is considering extending the EU sanctions to other individuals close to Lukashenko this autumn.

The review follows a decision by Belarus to kick out Sweden’s ambassador earlier this month after a Swedish-piloted private plane on 4 July dropped teddy bears in protest against Lukashenko's regime. The stunt deeply embarrassed Minsk.

“We will be reviewing sanctions on Belarus later on in the next few months ... the situation with the Swedish embassy will have an effect on this,” Olof Skoog, the Swedish-origin chairman of the Political and Security Committee (PSC), a high-level EU diplomatic forum, said after meeting EU ambassadors in Brussels on Friday (10 August).

Investigation

Belarus, EU sanctions and the $1mn bounty

Even as Lukashenko becomes increasingly cruel and unusual, the EU capital is seeing an unprecedented amount of lobbying on his behalf.

Macron puts trade policy on summit table

France's president wants a "political discussion" on EU trade policies at Thursday's summit, amid domestic concerns over Canada and South America deals. But his colleagues are likely to avoid a lengthy debate.

EU gives thumbs up to US data pact

Commission gives 'thumbs-up' to controversial Privacy Shield deal with US on data sharing after a year's operation - but notes room for improvement.

News in Brief

  1. Rajoy to trigger Article 155 on Saturday in Catalan crisis
  2. EU conducts unannounced inspection of German car firm
  3. Lithuania calls for new EU energy laws
  4. EU leaders aim for December for defence cooperation
  5. Juncker says hands tied on Russia pipeline
  6. Czechs set to elect billionaire Andrej Babis
  7. Italian regions hold referendums on more autonomy
  8. EU leaders refuse to mediate Catalonia conflict

Stakeholders' Highlights

  1. European Friends of ArmeniaEU Engagement Could Contribute to Lasting Peace in Nagorno-Karabakh
  2. UNICEFViolence in Myanmar Driving up to 12,000 Rohingya Refugee Children Into Bangladesh Every Week
  3. European Jewish CongressEJC Applauds the Bulgarian Government for Adopting the Working Definition of Antisemitism
  4. EU2017EENorth Korea Leaves Europe No Choice, Says Estonian Foreign Minister Sven Mikser
  5. Mission of China to the EUZhang Ming Appointed New Ambassador of the Mission of China to the EU
  6. International Partnership for Human RightsEU Should Seek Concrete Commitments From Azerbaijan at Human Rights Dialogue
  7. European Jewish CongressEJC Calls for New Austrian Government to Exclude Extremist Freedom Party
  8. CES - Silicones EuropeIn Healthcare, Silicones Are the Frontrunner. And That's a Good Thing!
  9. EU2017EEEuropean Space Week 2017 in Tallinn from November 3-9. Register Now!
  10. European Entrepreneurs CEA-PMEMobiliseSME Exchange Programme Open Doors for 400 Companies Across Europe
  11. CECEE-Privacy Regulation – Hands off M2M Communication!
  12. ILGA-EuropeHealth4LGBTI: Reducing Health Inequalities Experienced by LGBTI People