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.
"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.
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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.
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