None of owner of confiscated Yanukovych regime money appeared, Poroshenko

Source : 112 Ukraine

The president also noted that any complaint about law decision on confiscation did not come in
17:55, 3 May 2017

Presidential Administration press office

Petro Poroshenko President of Ukraine claimed that none of the ‘so-called’ owners of the confiscated money of the Yanukovych’s regime appeared after the court decision to transfer these funds into Ukraine’s budget.

The president held a meeting about confiscated funds with Oleksandr Danylyuk the Minister of Finance of Ukraine and Valeria Gontareva the Governor of the National Bank of Ukraine. According to him, the transaction of 1.1 billion dollars deposits to the State Treasury Service of Ukraine is already completed.

Poroshenko emphasized that these funds with additional 200 million of dollars in valuable securities will be transferred to the Ministry of Finance of Ukraine. According to the legislation of Ukraine, the internal debt of the state will be decreased by the sum of these funds.

‘It does not only increase possibilities of our national budget and Ukrainian state to redress an injustice and invest these funds into Ukrainian army and strengthening national defense capability. These funds will be also deposited into gold and forex reserves‘ Poroshenko noted.

He added that the total sum of the gold and forex reserves would equal 18, 4 billion of dollars.

‘It strengthens money and banking system, adds national currency stability. It is going to promote the investment prospects of Ukrainian economy’, he emphasized.

Poroshenko stated that judicial proceedings would last further to return money stolen from the Ukrainians.

Earlier Poroshenko claimed that the confiscated funds, first of all, should be spent to strengthen Ukrainian army.

Related: $1.5 billion of confiscated funds transferred to State Treasury Service, — Lutsenko

Related: National Bank of Ukraine receives funds from IMF

Related: Ukraine confiscates USD 1.5 billion of Yanukovych’s assets

Related: Money confiscated from Yanukovych to return to Ukraine’s treasury today


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