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 Cabinet blocked $1.4 bln in assets of companies close to Yanukovych, - Minister Petrenko

The government has blocked $1.4 bln in assets of companies close to Viktor Yanukovych. It regards accounts in state banks with funds belonging to offshore companies.

This was announced today by Minister of Justice Pavlo Petrenko at a briefing, Censor.NET reports citing LІGA.net.

"The issue of assets illegaly withdrawn abroad is within the competence of law enforcement. Last year, different amounts were named. One of them was some $100 bln. The other - about $60 bln. Speaking of government's competence, the Cabinet has blocked in Ukraine $1.4 bln in assets of companies close to Viktor Yanukovych and his accomplices," he said.

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According to Petrenko, it also concerns accounts in state banks with funds owned by offshore companies.

"Unfortunately, unlike law enforcement agencies, the Ministry of Justice is not entitled to investigate and confiscate these funds. Our task is to create a mechanism for the judicial system and the courts," he stated.

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