National Anti-Corruption Bureau reveals where money that had been illegally withdrawn from Ukraine ended up
The National Anti-Corruption Bureau or NABU published a video revealing the destination countries in which the money illegally withdrawn from Ukraine had “settled.” Most of the money was withdrawn to Britain, Austria and Latvia.
It is reported that more than 2.27 billion hryvnias, 420 million US dollars, 4.3 million euros and 825 thousand pounds sterling were taken out of Ukraine.
Most of this money was withdrawn by Britain in the amount of 208 million dollars. Latvia accounted for 73.36 million dollars while Austria ended up with 2 billion hryvnias and 10.8 million dollars.
19.69 million dollars was withdrawn to the British Virgin Islands where German and Spanish suspects bought elite real estate.
The combined efforts of NABU’s detectives established traces of Ukrainian corruption in 41 countries around the world. Recently, NABU sent 161 applications for international legal assistance to the competent authorities of these states.
Since the start of 2017, only five thousand hryvnias confiscated by the court decision on corruption offenses were returned to the Ukrainian budget. Authorities have promised to return 11.5 billion hryvnias, withdrawn from corrupt officials, by year’s end.