{"id":8941,"date":"2022-12-20T10:03:09","date_gmt":"2022-12-20T15:03:09","guid":{"rendered":"https:\/\/wrmcouncil.org\/?p=8941"},"modified":"2022-12-21T09:47:46","modified_gmt":"2022-12-21T14:47:46","slug":"wrmc-welcomes-government-of-canadas-efforts-to-seize-assets-of-sanctioned-oligarch-to-assist-ukraine","status":"publish","type":"post","link":"https:\/\/wrmcouncil.org\/fr\/news\/statement\/wrmc-welcomes-government-of-canadas-efforts-to-seize-assets-of-sanctioned-oligarch-to-assist-ukraine\/","title":{"rendered":"World Refugee &amp; Migration Council Welcomes Government of Canada\u2019s Efforts to Seize Assets of Sanctioned Oligarch to Assist Ukraine"},"content":{"rendered":"\n<p>20 December 2022 (Ottawa) \u2014 The World Refugee &amp; Migration Council (WRMC) welcomes and applauds the Government of&nbsp;<a href=\"https:\/\/www.canada.ca\/en\/global-affairs\/news\/2022\/12\/canada-starts-first-process-to-seize-and-pursue-the-forfeiture-of-assets-of-sanctioned-russian-oligarch.html\">Canada\u2019s decision<\/a>&nbsp;to launch proceedings to seize and pursue the forfeiture of US $26&nbsp;million from Granite Capital Holdings Ltd., a company owned by Roman Abramovich \u2014 a Russian oligarch sanctioned under the&nbsp;Special Economic Measures (Russia) Regulations.<\/p>\n\n\n\n<p>Extraordinary situations sometimes call for unprecedented measures. The illegal Russian invasion of Ukraine and wanton destruction of that country, which has led to a massive loss of life and the forcible displacement of millions of Ukrainians is such a situation. The seizure of assets belonging to individuals who have been sanctioned sends an important message to Russian President Vladimir Putin regime that Canada will hold his regime accountable for its crimes against the people of Ukraine.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-pullquote has-medium-font-size\"><blockquote><p>\u201cCanada is demonstrating global leadership by taking bold and decisive action to hold Putin accountable for his crimes against the Ukrainian people. I firmly hope that other countries will follow Canada\u2019s lead as they should.\u201d<\/p><cite>\u2014 WRMC CHAIR LLOYD AXWORTHY<\/cite><\/blockquote><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>In our 2019 report,&nbsp;<a href=\"https:\/\/wrmcouncil.org\/publications\/a-call-to-action-transforming-the-global-refugee-system\/\">A CALL TO ACTION<\/a>, the WRMC called on governments around the world to \u201cuse the frozen assets of perpetrators [of forcible displacement] and direct them for the benefit of the people in the country of origin, including those who have been forced to flee their communities.\u201d The Council argued that \u201cacting on this proposal would both increase available funding and enhance accountability by eliminating the impunity of corrupt kleptocrats.\u201d&nbsp;<\/p>\n\n\n\n<p>That concept was developed in a series of&nbsp;<a href=\"https:\/\/wrmcouncil.org\/wp-content\/uploads\/2020\/06\/WRMC-Research-Paper-Frozen-Assets-Sept2020.pdf\">working papers<\/a>&nbsp;and&nbsp;<a href=\"https:\/\/wrmcouncil.org\/publications\/report\/no-strangers-at-the-gate-collective-responsibility-and-a-regions-response-to-the-venezuelan-refugee-and-migration-crisis\/\">reports<\/a>&nbsp;issued by the Council, including its applicability to Canadian laws and jurisdiction. The concept served as the basis for a&nbsp;<a href=\"https:\/\/www.parl.ca\/LegisInfo\/en\/bills?keywords=S-217\">private member\u2019s bill<\/a>&nbsp;in the Canadian Senate, which was introduced by Council member Senator Omidvar, an Independent Senator from Ontario. Subsequently, the Government\u2019s own new measures, which were passed into law by Parliament in June 2022 as part of&nbsp;<a href=\"https:\/\/www.parl.ca\/legisinfo\/en\/bill\/44-1\/c-19\">Bill C-19<\/a>,&nbsp;applied the confiscation and repurposing concept when it enhanced two of Canada\u2019s sanction regimes, the Magnitsky Act, and the Special Economic Measures Act (SEMA).&nbsp;<\/p>\n\n\n\n<p>In recent weeks, the Council has been working with the Ukrainian National Congress and other groups to develop ideas about how confiscated assets can be directed to meet the pressing needs of the Ukrainian people. Some of the potential legal options are also discussed in a recently published,&nbsp;<a href=\"https:\/\/wrmcouncil.org\/wp-content\/uploads\/2022\/07\/Frozen-Russian-Assets-Ukraine-Legal-Options-Report-WRMC-July2022.pdf\">joint research paper<\/a>undertaken by the Council in collaboration with the International Lawyers Project and Spotlight on Corruption.&nbsp;<\/p>\n\n\n\n<p>The Government\u2019s decision announced yesterday is bold but necessary. WRMC Chair Lloyd Axworthy observes that \u201cCanada is demonstrating global leadership by taking bold and decisive action to hold Putin accountable for his crimes against the Ukrainian people. I firmly hope that other countries will follow Canada\u2019s lead as they should.\u201d<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><em>Photo: MIKHAIL SVETLOV\/GETTY IMAGES<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The World Refugee &#038; Migration Council welcomes and applauds the Government of\u00a0Canada\u2019s decision\u00a0to launch proceedings to seize and pursue the forfeiture of US $26\u00a0million from Granite Capital Holdings Ltd., a company owned by Roman Abramovich \u2014 a Russian oligarch.<\/p>","protected":false},"author":3,"featured_media":8942,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"cybocfi_hide_featured_image":"","footnotes":""},"categories":[127],"tags":[78,398,376],"ppma_author":[92],"class_list":["post-8941","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-statement","tag-corruption","tag-repurposing-frozen-assets","tag-sanctions","author-wrmc"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>World Refugee &amp; 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