The SSU initiated seizure of monetary assets and property worth UAH 500 mln (USD 13,5 mln) and transfer them to be managed by the National Agency of Ukraine for Detection, Tracing and Management of Assets Derived from Corruption and Other Crimes (ARMA).

These funds belonged to a Ukrainian agricultural enterprise, which was re-registered in the illegally established authorities of the so-called LNR. The founder of the entity tried to withdraw the funds of the enterprise, which had been placed on an account in a Ukrainian bank.

Due to the SSU’s intervention, withdrawal was prevented. The assets, including property, were seized and handed over to ARMA.

A pre-trial investigation into embezzlement of property and collaboration is ongoing.

The operation was carried out by the SSU Main Directorate for Counterintelligence Support of Critical Infrastructure and Countering Terrorism Financing under the procedural supervision of Kyiv Podilsk District Prosecutor’s Office.