At the request of the Donetsk Regional Prosecutor's Office, ARMA identified and traced the assets of a Ukrainian citizen concealed abroad.
The pre-trial investigation established that Ukrainian citizen sold nominal shares; totalling over EUR 1 million and evaded tax, which resulted in a seven thousand times higher than tax-free minimum income loss to the budget.
Employees of Department of information and analytical support for asset finding and tracing of ARMA sent international requests to the competent authorities of foreign countries and, using information and reference systems, found the suspect's concealed assets abroad.
According to Pavlo Velykorechanin, Deputy Head of ARMA, the Agency's staff found the following assets:
- corporate rights in the territories of 3 foreign jurisdictions;
- land plots - 5;
- residential property - 1 (a house worth EUR 670,000);
- a car
ARMA forwarded the findings to the Donetsk Regional Prosecutor's Office for action to seize the assets and confiscate them.
