Oschadbank launches seizure of ex-president Yanukovych’s assets

2017/5/1 18:00:01

Yanukovych’s attorneys earlier filed a lawsuit demanding to refute media reports, which said that the former Ukrainian president had accounts in the state-run Oschadbank with the frozen $1.5 bln.


< Photo: Former Ukrainian President Viktor Yanukovych



KYIV, April 28. /TASS/. Ukraine’s Oschadbank has begun confiscating the frozen financial assets belonging to former Ukrainian President Viktor Yanukovych and his associates with their subsequent transfer to the country’s state budget, the press service of Ukraine’s National Security and Defense Council (NSDC) reported on Friday.


"According to the ruling of the court of the last resort, the assets of Yanukovych and his team - $1.5 bln - have been arrested and are to be transferred to the state budget. Ukraine’s Prosecutor-General Yury Lutsenko and NSDC Secretary Alexander Turchynov have just visited Oschadbank with this (court) decision," the Ukrainska Pravda newspaper reported citing the NSDC.

According to the council, "these funds are being transferred to state budget accounts."





Yanukovych photo courtesy TASS

Additional photo and statement courtesy the Ukraine Presidential Press Office


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