EU extends Yanukovich asset freeze, drops sanctions on some allies

March 5, 2015 5:28 PM

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EU extends Yanukovich asset freeze, drops sanctions on some allies

BRUSSELS (Reuters) - The European Union said on Thursday it had extended a freeze on the assets of ousted Ukrainian President Viktor Yanukovich and 17 others suspected of stealing from the Ukrainian state.

It will also will lift current sanctions on four people. Diplomats said legal proceedings in Ukraine had not produced enough evidence of their role in misappropriating funds which Kiev's new leaders allege ran into tens of billions of dollars.

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