Opposition leader Vladimir Neklyayev detained in Belarus - news agency directorWorld March 25, 5:33
Russia submits amicus curiae brief to US Supreme CourtRussian Politics & Diplomacy March 25, 3:34
Russia, China suggest for UN SC to adopt resolution on chemical terrorism threatRussian Politics & Diplomacy March 25, 3:23
Russian lawmaker compares European Union to Soviet UnionRussian Politics & Diplomacy March 25, 3:16
Russian emergencies ministry says fire at Kazan’s gunpowder factory fully extinguishedWorld March 25, 3:01
Relations btw US, Russia worst over half-century - Lukin quoting KissingerRussian Politics & Diplomacy March 25, 2:58
Russia suggests setting up international coalition for demining operations in SyriaRussian Politics & Diplomacy March 25, 1:08
One person dies in fire at gunpowder factory in Russia's KazanWorld March 24, 21:47
Russia's 'Gentlefan' baton passed on to Krasnodar ahead of Cote d’Ivoire friendlySport March 24, 21:34
KIEV, January 31. /TASS/. A sum of 1.5 billion U.S. dollars of arrested financial assets of Ukraine’s former President Viktor Yanukovich and his team will be used to finance the army, Ukrainian Prime Minister Arseniy Yatsenyuk said on Sunday.
"I hope the law enforcement system and the judicial authorities will do their best to have the money stolen from the Ukrainian people be returned to the budget. This source will be used to modernize the army and raise social standards," he said in traditional weekly televised interview. He said he meant a sum of 1.5 billion U.S. dollars "in the assets of the former [Yanukovich] regime which are under arrest but there is neither a court ruling nor forfeiture to the budget as of yet."
In 2014, Ukraine’s state financial monitoring authority ruled to arrest 1.5 billion U.S. dollars allegedly owned by Yanukovich, his family and his closest mates. The money however has not yet been forfeited since there is no relevant court ruling. "It is impossible to return the criminally-earned assets as long as there is no court ruling," Vitaly Kasko, a deputy prosecutor general, said back then.
In September 2015, Ukraine’s government took a decision to change the legislation to forfeit properties owned by Yanukovich and other former government members, including Nikolai Azarov, Sergei Arbuzov,Vitaly Zakharchenko, and Alexander Klimenko.