: Liechtenstein unfreezes assets of Ukrainian judge suspected of corruption

15:45 Jul. 18, 2016

Liechtenstein unfreezes assets of Ukrainian judge suspected of corruption

wiss Franc banknotes sit in the office of a bank in this arranged photograph in Zurich, Switzerland, on Nov. 20, 2015 (Getty Images)

Ukraine's police didn't provide evidence to prove the suspect is connected to money laundering

13 million Swiss francs worth of bank accounts that were frozen in July 23, 2015 will become accessible to the Ukrainian judge charged with money laundering, Deutsche Welle reports.

On July 18, Robert Wallner, Prosecutor General of Liechtenstein, said that the court decided to lift the freeze on Ukrainian judge's accounts, because Ukrainian law enforcement authorities didn't provide any proof his money was obtained through illegal means. 

Read also Austria ready to help Ukraine recover assets stolen by ex-president's allies

"The judge lifted the freeze on the money with our consent", Robert Wallner declared.

Artur Yemelianov, judge of the Supreme Economic Court of Ukraine, and his wife were beneficiaries of the offshore company, registered in Panama. They are both suspected of corruption.

Read also Ukrainian parliament's decision paves way to judicial reform

Liechtenstein law enforcement agencies state the illegality of funds has to be proved by the country, where the illegal money wasw gained. The Ukrainian party says it didn't receive any legal information from Liechtenstein, which would allow Ukraine to provide proofs on the suspect's money laundering schemes.

comments powered by Disqus


Business15:08 Dec. 9, 2016
EU mediates Russia-Ukraine gas talks as standoff continues
Business16:12 Dec. 8, 2016
Gazprom applied for Turkish Stream pipeline building
Business11:48 Dec. 8, 2016
Flagship Ukraine privatization flops as plant attracts no bids - Reuters
Business11:44 Dec. 6, 2016
EU spells out its stance on wood export ban
Business19:08 Nov. 29, 2016
Three reasons to invest in Poland to reach the EU market
Subscribe to receive regular email updates about Ukraine and Eastern Europe