At the request of law enforcement agencies, ARMA has traced the assets of Ukrainian entrepreneurs suspected of tax evasion in the amount of over UAH 100 million.

The National Agency's specialists established the facts of the entrepreneurs' business activities in several countries of the European Union and the United States.

ARMA sent relevant inquiries to foreign authorities. According to the responses received, it was confirmed that the defendants in the criminal proceedings have assets outside Ukraine, namely companies registered abroad with significant authorized capital and vehicles.

“The National Agency is actively cooperating with law enforcement agencies, searching for and identifying illegally acquired assets both in Ukraine and abroad. Our specialists use modern search methods, in particular, such as OSINT. ARMA actively cooperates with international partners and law enforcement agencies. Criminals must understand that they will not be able to hide their property even outside the country,” said Pavlo Velykorechanin, Deputy Head of ARMA.

In order to further seize the assets, ARMA has already transferred information about the foreign assets of the persons involved in the criminal proceedings to law enforcement agencies.

In June, ARMA traced the assets of Ukrainian entrepreneurs who had evaded taxes and fees in particularly large amounts while conducting their business activities.