Business news from Ukraine

CABINET CREATES NATIONAL AGENCY FOR TRACING CRIME ASSETS

25 February , 2016  

KYIV. Feb 25 (Interfax-Ukraine) – The Cabinet of Ministers of Ukraine at a cabinet meeting on Wednesday adopted as resolution on the National Agency for Tracing, Recovery and Management of Crime Assets.
“The parliament passed several bills that were initiated by the government to improve anti-corruption legislation. Now the government did its duty and adopted the resolution on the creation of the National Agency for Tracing, Recovery and Management of Crime Assets,” the press service of the Justice Ministry reported, citing Justice Minister of Ukraine Pavlo Petrenko.
He said that similar agencies exist in all EU countries. They have a possibility of quickly receiving information on assets, property and other foreign assets of persons who are suspected of committing crimes.
Petrenko also said that the cabinet asked the parliament to submit a list of their representatives to the tender commission to select agency members as soon as possible.