Friday, December 17, 2010

EU Approves Sanctions over Magnitsky Case

The European Parliament approved a resolution recommending that EU members introduce sanctions against Russian officials suspected of involvement in the death of Russian lawyer Sergei Magnitsky. The parliament voted 318-163 with 95 abstentions for a measure that "encourages EU law enforcement agencies to cooperate in freezing bank accounts and other assets" in Europe of Russian officials involved in the case. The measure also urges EU members "to consider imposing an EU entry ban for Russian officials involved in this case." The measure doesn't name the targeted Russians and is not binding on member states. Sergey Magnitsky, a lawyer for London-based Hermitage Capital, died in jail in 2009 after being held for more than a year without trial or proper medical treatment.

http://www.telegraph.co.uk/finance/globalbusiness/8207690/Sergei-Magnitsky-European-Parliament-recommends-tough-sanctions-on-Russian-officials.html
http://www.forbes.com/feeds/ap/2010/12/16/general-eu-russia-prison-death_8208176.html?boxes=Homepagebusinessnews

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