Ukraine's State Financial Monitoring Service claims Yanukovych and his associates laundered billions of hrivnyas
The State Financial Monitoring Service of Ukraine (SFMS) has identified hundreds of financial transactions that may be related to the legalization of the profits made illegally by the former president Viktor Yanukovych and his associates.
This was stated in the report on the work of the department in 2016, published on the official web-portal of the Ukrainian government.
It was noted that during the entire period of the investigation, which lasted from March 2014 to December 2016, 547 materials were prepared and filed with the law enforcement agencies of Ukraine. According to these materials, the financial transactions that may be related to the legalization of profits, which were received illegally, amounts to 201.7 billion hryvnia.
"As a result of the measures taken by SCFM during the investigation, the equivalent of 1.54 billion US dollars was blocked on the accounts of individuals and legal entities that have a connection to Viktor Yanukovych and former high-ranking officials," the report says.
According to the financial intelligence units of other countries, the assets of the former high-ranking authorities, local self-government of Ukraine and individuals connected to them were frozen, totaling 107.19 million US dollars, 15.87 million euros and 135.010 million Swiss francs, mostly in the following countries: Austria, Great Britain, Latvia, Cyprus, Italy, Liechtenstein, Switzerland and the Netherlands.