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Yatseniuk: Government has arrested US$ 1.3 milliard of assets possessed by former regime

16.01.2015 14:47 "Agro Perspectiva" (Kyiv) — The Ukrainian Government arrested the assets of the former regime worth US$1.3 milliard, Government Portal says referring to the Ukrainian Prime Minister Arseniy Yatseniuk report made on Friday, Jan 16 within «An Hour of Questions to the Government» at the Verkhovna Rada of Ukraine. «And due to the approved yesterday law on distant proceedings we are following the path of arrests of additional assets in possession of the former regime,» Yatseniuk told. Moreover, the PM stressed that the package of laws submitted by the Government and supported by the Parliament at the end of the last year, stipulates, in particular, the reforms to combat corruption in the coal and energy sector. «For the first time in the history of Ukraine, we have cancelled 2 milliard dollars of subsidies, which earlier always used to be stolen in the coal industry sphere. And a significant portion of these funds we have directed to cover the social needs and to finance not only defense purposes, but education, hospitals, to finance the possibility for the country at war and the country, which lost 20% of its economy, to live and form the basis for further economic growth,» Yatseniuk said. «If our predictions prove correct and Ukraine will continue to follow the path of economic and political reforms, and we will have appropriate support of our Western partners — this will create preconditions for stabilization and economic growth,» Yatseniuk admitted.

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