12. November 2015

ICAR reviews its cooperation with Ukraine on asset recovery

In an endeavour to recover assets stolen by former Ukraine President Viktor Yanukovych and his close allies, the Ukraine Prosecutor General's Office (PGO) is working closely with ICAR. On 12 November 2015, Basel Institute on Governance Managing Director Gretta Fenner met with Ukraine Prosecutor General Viktor Shokin in Kyiv to take stock of the cooperation between the two bodies and re-confirm their continued commitment to work jointly towards this common goal.

Mr Shokin and Ms Fenner agreed that further efforts have to go into ensuring that domestic investigations are joined up and coordinated in order to reduce delays. Nonetheless, and in spite of the recognised particular challenges of asset recovery in the Ukraine context, important advances were made recently, notably in relation to international cooperation.