Ukrainian Asset Management Agency traces assets worth over US$5 billion last year

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The Ukrainian Asset Recovery and Management Agency (ARMA) last year identified assets worth UAH 100 billion (about US$2.56 billion) within Ukraine and the same amount abroad.

Source: Olena Duma, Head of ARMA, on Telegram

Quote: “In 2023, ARMA collectively identified and traced monetary assets, corporate rights, and properties totalling over UAH 100 billion within Ukraine and the same amount abroad,” the report states.

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Specifically, assets amounting to UAH 3.56 billion (about US$90.5 million), US$312.5 million, and €194.2 million were found throughout the year.

As of the end of 2023, the total volume of monetary assets under ARMA’s management reached UAH 5.7 billion (about US$145 million). 

ARMA inspectors also traced UAH 53 billion (about US$1.3 billion) in corporate rights and 5,837 properties.

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