< p _ngcontent-sc136="" class="news-annotation">The Prosecutor General's Office seized the funds of the All-Ukrainian Development Bank, which has been owned by the eldest son of Viktor Yanukovych since 2011.
Alexander Yanukovych owned 100% of the bank's shares. All seized funds were given to the needs of the Armed Forces of Ukraine.
The bank legalized criminal money
Bank employees tried to hide the origin of the cash of this financial institution. This only indicates that they do not have a legitimate source of origin. Therefore, bank workers legalized proceeds of crime through financial transactions.
The amount of seized funds amounted to more than 300 million hryvnias
persons of this bank and the son of the ex-president. By court decision, the funds were transferred to ARMA.
Since the beginning of the armed aggression of the Russian Federation, prosecutors of the Office of the Prosecutor General initiated the forcible seizure of property arrested in criminal proceedings on suspicion of the son of the former president. The court decided to send these funds to the Main Intelligence Directorate of the Ministry of Defense of Ukraine. Currently, 304 million hryvnias have been credited to a special account to ensure the defense capability of Ukraine, the report says.
What the money will be used for
Major General Kirill Budanov, head of the intelligence agency of the national defense department, clarified that the money is used “for the purchase of technical means that will increase the effectiveness of intelligence” and will contribute to the destruction of the enemy.
