UAH 15 million in cash found during searches at the home of former Kyiv City State Administration head Volodymyr Makeyenko has been transferred to the Assets Tracing and Management Agency (ARMA). Makeyenko was previously deputy head of the Party of Regions faction and for years conducted secret business abroad through offshore companies in Panama, Cyprus, Hong Kong, and the British Virgin Islands.
In the period 2011–2018 alone, he received over UAH 387 million in income, but did not pay taxes in the amount of UAH 71.4 million. During the searches, 340 thousand US dollars, 29.7 thousand euros, 2 thousand Swiss francs, and 87.4 thousand hryvnias were seized from Makeenko.
This is not the first case of the transfer of Makeenko's assets to ARMA. In July, the court already transferred to the agency over UAH 1.5 billion of assets arrested in Luxembourg, which indicates the systematic work of law enforcement agencies to return funds obtained illegally.
The investigation against Makeyenko is ongoing, and the transfer of cash and seized assets demonstrates the state's desire to restore justice and return funds to the budget. The investigation is also examining the activities of his offshore companies and the sources of his income.
