Lutsenko vows seizure in 2018 of another UAH 5 bln stolen by Yanukovych team

The Prosecutor General's Office of Ukraine (PGO) intends to recover to the state budget in early 2018 another UAH 5 billion (US$179 million) illegally obtained by fugitive Ukrainian ex-President Viktor Yanukovych and his allies, according to Radio Free Europe/Radio Liberty.

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"I hope that this time the government will be more organized, while we will help them by initiating a number of criminal proceedings into the negligence of those who took the money and failed to deliver it to the people," Prosecutor General of Ukraine Yuriy Lutsenko told a Ukrainian TV channel on Dec 26, as reported by RFE/RL's Ukrainian bureau.

Lutsenko noted that only UAH 5 billion has been spent as of Dec 1 out of UAH 22 billion ($787.4 million) of confiscated assets that were distributed in June 2017.

Read alsoBiden spoke about last call to Yanukovych before his escape"Speaking the legal language, this is negligence on the part of officials who deal with the money but fail to administer the funds," he said.

As was earlier reported, UAH 4.7 billion ($168.2 million) in proceeds from special confiscation, or asset recovery, is stipulated in the state budget for 2018.

Read alsoRussian psy-ops campaign paved way for military action in Crimea in 2014 - mediaIn September 2017, the PGO reported that the first part of the Yanukovych team’s $200 million, confiscated by court ruling, was transferred to the state budget.

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