Ukraine removes lottery operators from sanctions lists

The country updated the lists of entities that fall under personal specific economic sanctions.

Ukraine.- Lottery operators M.S.L. and Patriot have been removed from Ukraine’s sanctions lists. The updated list, which details persons and entities, has been published on the website of the Ukrainian president.

The lottery operator M.S.L had appeared for the third consecutive time in the sanctions lists in 2017. Company shareholders started the initiative for the Security Service of Ukraine to open criminal proceedings and conduct an investigation into the establishment of facts and actions that could be grounds for applying sanctions to the operator, Interfax reported.

In September 2015, Ukraine imposed sanctions against M.S.L. and Patriot, as both operators were subject to five types of sanctions, including preventing the withdrawal of capital from Ukraine and blocking assets. The proceedings were closed in March 2017 and no violations were found.

The lists include persons and entities who fall under personal specific economic and restrictive measures, such as sanctions, has been published this week in the President’s website. There are currently 1,748 individuals and 756 legal entities that fall under that list, approximately 500 more individuals and 300 more legal entities than the ones that were registered in 2017.