The National Agency for Asset Tracing and Management (ARMA) transferred more than $3.5 million from the sanctioned company ROYAL PAY EUROPE to the state budget, according to ARMA’s press service.
“These funds will be directed to the Fund for the Elimination of the Consequences of Armed Aggression and will be used for the restoration of the country: the construction of housing for those who have lost it, the restoration of infrastructure, the development of medical facilities, and the construction of protective structures,” the statement said.
According to reports, the exact amount is $3,572,585.29.
The press service notes that ARMA continues to ensure that seized and sanctioned assets benefit the state and bring victory closer.
