PGO: Court upholds seizure of UAH 2.3 mln on Azarov's account in Oschadbank

14:54, 15.04.2016 1 min read

The Kyiv Court of Appeals has agreed with the arguments of the prosecutor and upheld the seizure of UAH 2.3 million, belonging to ex-Prime Minister of Ukraine Mykola Azarov, placed in PJSC Oschadbank.

According to the PR department of the Prosecutor General's Office of Ukraine (PGO), the State Financial Monitoring Service of Ukraine revealed another account opened by former Prime Minister Azarov in Oschadbank. The PGO established that Azarov accumulated funds in the amount of UAH 2.3 million on the specified account.

"To enable a possible confiscation of the property belonging to the suspect, at the PGO request dated February 24, 2016 the investigating judge of Kyiv's Pechersky District Court seized these funds with a ban on any transactions," the PGO said.

It is noted that the Kyiv Court of Appeals on April 12, 2016 agreed with the arguments of the prosecutor and confirmed that the funds accumulated on the bank account are subject to limitation that may be imposed in accordance with Article 170 of the Criminal Procedural Code of Ukraine, recognizing the arrest of this money legal.