ARMA writes off 137 million hryvnias from the accounts of sanctioned oligarchs Fridman and Aven
The National Agency for Search and Asset Management (ARMA) debited 137 million hryvnias from the accounts of companies associated with Russian oligarchs Mykhailo Fridman and Petro Aven, who are under sanctions. About this informs ARMA press office.
The funds will initially be used for the purchase of military bonds, and later will replenish the Fund for the Elimination of the Consequences of Armed Aggression.
“Thanks to the changes approved by the Government to the procedure for managing sanctioned assets that are seized as part of criminal proceedings, ARMA was able to quickly transfer the funds received to the Fund for the Elimination of the Consequences of Armed Aggression”, the agency noted.
Earlier, ARMA had already written off $18 million belonging to Friedman and Aven. In general, the agency manages sanctioned monetary assets, which have been seized as part of criminal proceedings, for a total amount of 5.5 billion hryvnias in hryvnia equivalent.
