Thursday, June 19, 2014

Ukraine's stolen money

Public service financial monitoring has identified 42 non-resident companies registered in Cyprus, Panama, UK, Belize and the Seychelles, which are directly related to (outsted president of Ukraine) Viktor Yanukovych and his inner circle. From 2010 to 2013, these companies, through accounts opened in banks in one of the neighboring countries, listed $16 billion. SCFM blocked the accounts of 19 of these non-resident companies. The amount of blocked funds is $1,340,000,000. Substantial evidence exists that this money was stolen from Ukraine's coffers. Now the task of Ukraine's law enforcement and the judicial system is to officially return these funds to Ukraine.