Seizure of assets of companies of the Russian oligarch for almost half a billion UAH is provided

Press service of the State Tax Service of Ukraine, published 29 April 2022 at 14:07 Chapter: News

As a result of interaction of the State Tax Service of Ukraine with the Office of the Prosecutor General, assets of the Russian oligarch's companies were seized for almost half a billion UAH.

Office of the Prosecutor General during a pre-trial investigation in the criminal proceedings on legalization (laundering) of criminally obtained property committed by officials of a private banking institution, the beneficial owners of which is a Russian oligarch and other Russian businessmen, seized more than 469 million UAH.

According to the investigation, a Russian oligarch and a group of Russian businessmen, using controlled Cypriot companies and their banking institution, which is one of the ten largest financial institutions in the country and included in the systemically important banks of Ukraine, organized and committing fictitious operations and financial operations aimed at legalizing (laundering) assets of these companies in the total amount of 1.1 billion UAH and their further withdrawal from the banking system in Ukraine.

Commission of these criminal acts was initiated by accomplices in advance in order to avoid financial and legal consequences in the form of sanctions and / or enforcement measures provided by the Law of Ukraine "On Basic Principles of Compulsory Seizure of Property in Ukraine".

At the request of prosecutors, the Office of the Prosecutor General has seized assets of Cypriot companies totaling more than 469 million UAH, which are in accounts of banking institution whose beneficial owners are the Russian oligarch and other Russian businessmen.

In order to fulfill tasks of criminal proceedings, the Office of the Prosecutor General, the State Financial Monitoring Service and the State Tax Service of Ukraine the interaction is carried out.

Pre-trial investigation in criminal proceeding is carried out by detectives of the Bureau of Economic Security of Ukraine.

Reference: Note: Article 62 of the Constitution of Ukraine stipulates that a person is presumed innocent of committing a crime and may not be subjected to criminal punishment until his / her guilt is proved according to the law and established by a court conviction.