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 Money stolen by Yanukovych can be returned only in five years, - Deputy Prosecutor General

It will be possible to return funds stolen by former President Viktor Yanukovych and his associates not earlier than in five years.

Deputy Prosecutor General Vitalii Kasko said in an interview to LIGA.net.

"If the prosecutor's office works perfectly, as well as the judicial system, I think we could speak about the return of these funds within a five-year period. But the "progress" to date is so that we clearly will not make it in the term. The dynamics of the investigation and the current stage of it make me claim that the deadline is delayed," he said.

Read more: Deputy Prosecutor General Kasko's assets may undergo check

According to him, an effective verdict of Ukrainian court is required to return the funds. "And it is very desirable that the verdict states that public funds were stolen and that they were eventually transferred abroad and blocked in a particular country. The sentence should take effect. It should at least pass the first instance and the appeal. After that, the verdict is transferred for execution in the country where the assets are located. Then it will become the competence of the Ministry of Justice," he explained.

Read more: Russia and Ukraine fails to agree upon negotiations on "Yanukovych debt", - Russian Finance Ministry

"If all the requirements of international treaties are met, such a sentence is to be executed. Then negotiations between the two governments will begin, and the executive authorities will subscribe to it. Then the fate of confiscated assets will be decided: whether repatriation should be paid (return of the total amount to Ukraine) or only a part of it (the agreement on the distribution of confiscated assets)," Kasko added.

"Imagine what kind of procedure it is and how long it can last," he stressed.

"If I were a member of the government, I would rather create a special fund, to which the returned funds of ex-officials could be channeled from abroad. The use of funds from it would be controlled by a board including representatives of the United States, the EU, Switzerland, Ukrainian government and the public. The money from the fund should be directed to fight against corruption in Ukraine. We have repeatedly voiced such proposals, and our foreign partners would perceive it as a positive signal," Kasko said.
 
 
 
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