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Head of ARMA held a working meeting with Ambassador of Kingdom of Belgium to Ukraine

17-07-2024

During the meeting, Olena Duma briefed Extraordinary and Plenipotentiary Ambassador Н.Е. Mr. Peter Van De Velde on the main principles and directions of ARMA's activities. In particular, it was emphasised the importance of the role that ARMA plays in Ukraine's anti-corruption infrastructure.

“The Agency has already implemented new procedures for the management and sale of seized and sanctioned assets, including those abroad. As a result, in the last 6 months ARMA has secured more than UAH 1.6 billion in revenues to the state budget. In addition, UAH 5.5 billion invested in military bonds were used to help the Armed Forces of Ukraine,” said Olena Duma.  

She added that the work on tracing, sale and management of seized assets, as well as assets of sanctioned persons, is significantly enhanced by the international cooperation of the Agency.

“It is important for us that our international partners see the results of our work and understand that Ukraine has institutions capable to implement anti-corruption policy in the country so that the illegally acquired assets work for the benefit of Ukraine,’ said the Head of the National Agency.

In his turn, the Ambassador outlined the Kingdom's proactive position in dealing with the frozen assets of the russian federation. He noted that the proceeds from russian assets, which are EUR 190 billion frozen in Belgium, are used to help Ukraine.

During the working meeting, Head of ARMA addressed to the Ambassador of the Kingdom of Belgium to Ukraine with a proposal to establish a channel of communication with the Belgian Central Office for Seizure and Confiscation (OCSC), which maintains contacts with its foreign counterparts and exchanges information. 

“The signing of an international interagency agreement with our Belgian colleagues will significantly strengthen our capabilities in key areas of our activities,” said Olena Duma..