Lithuania reports $9.5 million in frozen Belarus-linked assets in 2022

December 29, BPN. In 2022, Lithuania’s financial police froze a total of $9.5 million linked to one individual and six companies from Belarus, Lithuania’s interior ministry’s press office reported.

Lithuania keeps enforcing international sanctions against Minsk, Interior Minister Agnė Bilotaitė stressed.

In April, the Lithuanian financial police said that it had frozen €45.7 million in the accounts of three legal entities and one individual associated with Aliaksandr Šakucin, chair of the board at Amkador, a Belarusian manufacturer of special-purpose machinery.

In May-June, Lithuania reportedly froze assets of Belintertrans Baltic, a Klaipėda-based transport company; BMZ-Baltija and Amkodor Baltic, subsidiaries of the Belarusian Steel Works (BMZ) and Amkador.

Lithuania also froze the assets of nine Russian companies worth €77.9 million.

On February 24, Russia started a full-scale war against Ukraine, using Belarusian territories to attack Ukraine. Democratic countries imposed unprecedented sanctions on Russia, while significant restrictive measures, albeit on a smaller scale, were introduced against Belarus for its complicity in the Russian war against Ukraine.