The President of Estonia signed a law on the confiscation of frozen russian assets and their transfer to UkraineThe President of Estonia signed a law on the confiscation of frozen russian assets and their transfer to Ukraine

The President of Estonia, Alar Karis, signed the law adopted by the parliament, which allows the use of frozen Russian assets to compensate for the losses that russia is causing to Ukraine as a result of the war.

According to the head of Estonia, according to the law, only the property of those "whose connection with the commission or facilitation of an illegal act has been established and sufficiently proven" can be confiscated and used for compensation.

"So the fact that someone's assets have been frozen due to international sanctions is not a sufficient reason to expropriate property," Karis said.

He added that the adopted law must be interpreted in such a way that "the transfer of property concerns those who took an active part in committing military aggression or violating the norms of warfare."

Karis also admitted that the confiscation of property in connection with participation in military aggression may cause "unclarified legal issues, but the parliament should be able to make a political choice even in such an unclear situation."

"Regardless of what one may think of the decision chosen in Estonia, there is no doubt that we must find effective ways to guarantee the right of victims of aggression to receive compensation from those responsible for causing harm," he said.

As a reminder, this law was adopted by the Estonian Parliament on May 15.

Source: ERR