Wednesday, January 13, 2016

Pension accounts of Yanukovych, Azarov in Ukraine frozen by court

Kyiv's Pechersk District Court has ruled to freeze pension accounts of Ukraine's ex-President Viktor Yanukovych and former Prime Minister Mykola Azarov, according to the national register of court rulings.

The ruling was passed to satisfy a claim filed by a Prosecutor General's Office investigator as part of criminal proceedings on charges of collusion between Yanukovych, Azarov, former Finance Minister Yuriy Kolobov, ex-Chairman of the Board of telecoms giant Ukrtelecom Heorhiy Dzekon and director of ESU Ilia Solodovskyi.

The investigator established that from October 2010 to July 2013 the mentioned officials initiated the construction of a special-purpose telecoms network with the use of budget funds, causing the embezzlement of UAH 220 million in state funds. ESU LLC was engaged in the construction work.


According to the investigator, Yanukovych was registered with the Ukrainian Pension Fund's branch in Kyiv's Pechersk district on July 10, 2010, as a recipient of a pension assigned under the law of Ukraine on Member of Parliament status. His monthly pension was set at UAH 16,947, or $728 at the current forex rate. The amount of a pension assigned to Azarov since February 6, 2008, was UAH 17,253, or $742, per month.

As UNIAN reported earlier, the Ukrainian Social Policy Ministry announced in April 2014 that pension payments to Yanukovych and Azarov had been frozen.







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