Prosecutor General, IMF discuss recovery of stolen assets

Prosecutor General of Ukraine Iryna Venediktova discussed cooperation in asset recovery with representatives of the International Monetary Fund.

As the press service of the Prosecutor General's Office informs, Venediktova met with Head of the IMF Mission in Ukraine Ivanna Vladkova Hollar and Deputy of the Financial Integrity Group of the IMF's Legal Department Emmanuel Mathias during her working visit to the United States.

The parties discussed the reform of the Ukrainian prosecutor's office and cooperation prospects, in particular in the field of asset recovery.

Venediktova noted that the Prosecutor General's Office is currently intensifying the recovery of stolen funds and property from abroad.

"The issue of asset search and recovery is very complicated and multifaceted, and I strongly believe that effective coordination between law enforcement agencies and our international partners will produce result. Ukraine prepared a comprehensive asset recovery strategy and action plan. We are ready for effective cooperation on specific cases," the Prosecutor General said.

In turn, IMF representatives noted that Ukraine's adoption of the asset recovery strategy will be an important impetus for these processes.

Venediktova also pointed out the importance of cooperation in combating crimes in the banking sector. "Recently, the Prosecutor General's Office has managed to achieve effectiveness in cases against major ten debtors to the National Bank and the Deposit Guarantee Fund," reads the statement.

As reported, Prosecutor General Iryna Venediktova said that extradition cooperation between Ukraine and the United States is developing quite dynamically.

Photo credit: Prosecutor General's Office

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