United States helps Ukraine discover more than $3 bln stolen public funds

United States helps Ukraine discover more than $3 bln stolen public funds

U.S. foreign assistance contributed to Ukraine’s discovery of more than $3.24 billion in public funds stolen by the previous government.

This is said in the statement of the U.S. Department of State, released on Tuesday, an Ukrinform correspondent reports.

"U.S. foreign assistance contributed to Ukraine’s seizure of roughly $1.3 billion in cash, with the discovery of more than $3.24 billion in stolen public funds," the statement reads.

It is underscored that the U.S. law enforcement professionals are embedded in Ukraine’s National Anti-Corruption Bureau (NABU) to help build anti-corruption and asset recovery capacity and strengthen Ukraine’s overall anticorruption efforts. In particular, U.S. support has contributed to 333 criminal proceedings, 207 notices of suspicion, and the finalization of 108 indictments in cases related to corruption. "Ongoing programming will continue to build on these achievements," the U.S. Department of State stresses.

The United States also provides funding through a Fiscal Transparency Innovation Fund, which works with civil society organizations to collect, analyze, and publicly disseminate energy-related information.


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2019 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period: