Contents tagged with confiscated money

  • Ukrainian authorities state where they will spend the $1.5 billion confiscated from former president Yanukovych

    On April 28, information came to light about the confiscation of the assets of former Ukrainian President Viktor Yanukovych in accordance with the ruling of a court in Kramatorsk. Current President Petro Poroshenko noted that this money must not be “squandered”, but rather directed toward the army and the public sphere. Poroshenko also announced a new blocking of funds to the accounts of former officials. The runaway president’s legal defense denied that this money exists. Later, Prosecutor …