01. May 2014

ICAR attends international conference on asset recovery in the Ukraine

On 24 April, the Ukraine Anti-Corruption Action Centre, jointly with Ukrainska Prvada & GOPAC Ukraine, hosted an international conference to discuss and identify challenges relating to the recovery of assets stolen by former President Yanukovych and his associates, and thereby to initiate a (inter-) national dialogue to address these challenges. ICAR spoke on modalities for the return of stolen assets, alongside senior representatives from the Ukraine government and Canada, the European Union, Switzerland and the US, as well as specialist civil society organisations.

At the conclusion of the conference, the participants agreed that it was essential that any successfully recovered and returned assets ultimately benefit the victims -- considered to be the people of the country where assets have been stolen -- and that an enhanced monitoring system is critical to ensure that such returned assets are not stolen again.

See also the FCPA blog by Gretta Fenner: Ukraine needs partners to recover assets stolen by Yanukovych regime