Switzerland announced Monday that it has frozen assets held in the country tied to Venezuelan President Nicolás Maduro and his associates following the U.S. capture of the leader in Caracas. “On 5 January 2026, the Federal Council decided to freeze any assets held in Switzerland by Nicolás Maduro and other persons associated with him with […]
Tag: asset
Former asset recovery chief seen near money laundering office used in Ukraine’s biggest graft case, news outlet says
The back office is being investigated by the National Anti-Corruption Bureau (NABU) as part of the Energoatom case, the biggest corruption investigation during President Volodymyr Zelensky’s presidency. – https://kyivindependent.com/tag/ukraine/rss/ This article appeared on the websitekyivindependent.com This article is taken based on Law no. 8/1996 of Romania. News does not enjoy copyright, so they can be […]
Head of Ukraine’s state asset management body resigns amid agency revamp
Olena Duma announced on July 30 that she is submitting her resignation as head of the Asset Recovery and Management Agency (ARMA), as the law reforming the body enters into force. – https://kyivindependent.com/tag/ukraine/rss/ This article appeared on the websitekyivindependent.com This article is taken based on Law no. 8/1996 of Romania. News does not enjoy copyright, […]
UK to buy Ukraine weapons with frozen Russian asset proceeds
The U.K. has used interest generated from frozen Russian assets to purchase weapons for Ukraine, buying 350 air defense missiles worth £70 million ($87 million), The Guardian reported on June 25. The move represents the U.K.’s first direct use of Russia-linked funds to buy weaponry for Kyiv. The weapons purchase was funded through Britain’s Extraordinary […]
Ukraine’s parliament passes state asset agency reform crucial for EU funding
Ukraine’s parliament passed a reform of the Asset Recovery and Management Agency (ARMA) on June 18, a key step toward European integration and a condition listed in the EU’s Ukraine Facility plan. The legislation passed with the support of 253 lawmakers “after months of obstructions… unblocking 600 million euros ($690 million) in EU funds,” lawmaker […]