Ukrainian Justice Ministry and the National Police have signed a memorandum on cooperation in the fight against company raiding.

The memorandum was signed by Ukrainian National Police Chief Khatia Dekanoidze and Justice Minister Pavlo Petrenko in Kyiv on Monday, the Interfax-Ukraine agency reports. "The memorandum will not be effective unless there is a common political will," Dekanoidze said during the signing of the document.

She complained that there is no proper legal framework for the prosecution of people involved in the illegal takeovers. "There are security firms that are engaged in raiding. I do hope that there will be will to review the operation of such companies," the National Police chief said.

She also expressed hope that the justice minister will make every effort to ensure that the memorandum "has a real power."

"Legislative framework, effective judicial system and common political will are necessary for combating raiding," Dekanoidze said.

Justice minister stressed in his turn that law enforcement authorities should be given an effective mechanism to combat raiding.

Petrenko also addressed colleagues from the Prosecutor General Office of Ukraine and the National Anti-Corruption Bureau with the cooperation proposal.

In addition, the minister called on Ukrainian entrepreneurs and citizens to apply to the Justice Ministry and National Police on each case of illegal actions concerning property encroachment.