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Investigators seize bank assets belonging to son of Yanukovych
Journal Staff Report

KIEV, Nov. 3 – Investigators of the Chief Investigation Department of the Interior Ministry have arrested UAH 2.6 billion held in accounts belonging to individuals and companies at public joint-stock company National Bank for Development (VBR), which belongs to the son of former Ukrainian president Viktor Yanukovych, Oleksandr Yanukovych, as part of a criminal investigation into officials of the bank, Interior Minister of Ukraine Arsen Avakov has said.

"The Chief Investigation Department of the Interior Ministry is investigating a criminal case against officials of PJSC VBR that belongs to Oleksandr Yanukovych, under Part 2 of Article 364, and Part 2 of Article 209 of the Criminal Code of Ukraine… Investigators carried out a search at VBR and arrested individuals and companies' deposit accounts with over UAH 2.6 billion in them [including UAH 12 million which personally belongs to Oleksandr Yanukovych]," Avakov wrote on his Facebook page last week.




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