Arrest of funds in bank accounts as a strategy of influence: legal and economic consequences for business
Arrest of funds in bank accounts as a strategy of influence: legal and economic consequences for business
In Ukraine, a long-established practice has developed whereby one of the most common measures to secure criminal proceedings is the arrest of property. This mechanism was designed to ensure the core objectives of criminal procedure, namely: preservation of material evidence, the possibility of special confiscation, compensation for damage, recovery of unlawful gains, and enforcement of a future judgment. Despite these clearly defined purposes, in practice the application of arrest measures often becomes excessive and goes beyond what is necessary to ensure justice.
Read more in the article by EVERLEGAL lawyers for LIGA ZAKON at the link.
In focus:
- Arrest as a temporary restriction of property rights: what is provided for by law
- The principle of proportionality as a key requirement for lawfulness
- The procedure for banks to lift arrests from non-cash funds in bank accounts
Our experts: Valeriia Kasiar, Associate and Oleksandra Slobodianiuk, Paralegal
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