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ARMA and CBA of Poland strengthen cooperation

06-09-2024

The Asset Recovery and Management Agency (ARMA) is strengthening its cooperation with the Central Anti-Corruption Bureau of the Republic of Poland (CBA). Work has begun on the development of an international interagency cooperation agreement, joint training and direct communication between asset recovery agencies abroad have been agreed upon.

Andrii Poznyak, Advisor to the Head of ARMA, and Yulia Kvitko, Acting Head of the Department of Communications, held a working meeting with Polish colleagues at the CBA headquarters in Warsaw, Poland.

ARMA team presented the key areas of the National Agency's work to the Polish colleagues. In particular, they discussed the significant increase in state budget revenues received by ARMA from the effective management and sale of seized assets. It is more than UAH 1.8 billion in 2024, which is 47 times more than in 2022.

Representatives of the National Agency also told CBA about the change in approaches to communicating ARMA's activities, especially in working with media representatives. They also spoke about the openness of the processes for selecting managers and selling seized assets. In particular, they told about the opening of public access to the Register of Seized Assets, which ARMA is currently working on modernizing.

The CBA representatives were interested in the Procedure for the Sale of Seized Assets Abroad developed by ARMA, in particular in the context of the sale of the traitor viktor medvedchuk`s yacht, Royal Romance. The Polish colleagues also expressed support for the development of a joint international interagency agreement between the agencies and invited ARMA analysts to joint training.

It is worth reminding that ARMA is actively strengthening international cooperation. Over the past six months, 5 international interagency agreements on asset recovery and management have been signed, and more than two dozen are in the process of being prepared for signing.