On March 19, 2019, ACREC held a public lecture of Anton Yanchuk, Head of Asset Recovery and Management Agency or ARMA, “ARMA: Theory and Practice”.
The event was organized within the framework of the Communication Platform of the Anti-Corruption Research and Education Centre at the National University of Kyiv-Mohyla Academy.
The public lecture was devoted to the unique agency for Ukraine – National Agency of Ukraine for finding, tracing and management of assets derived from corruption and other crimes (ARMA). The event was attended by students, young specialists in the field of political science and law, representatives of NGOs and government agencies.
As you may know, ARMA was founded in 2016 as a central executive body with a special status, authorized to form and implement state policy in the field of detection and management of assets arrested in the course of a criminal proceeding.
Former Deputy Minister of Justice of Ukraine Anton Yanchuk became the first head of ARMA.
During the lecture, Mr Yanchuk spoke about the prerequisites for the creation of ARMA functions and the management of arrested assets in Ukraine, as well as the Agency’s unique authority and achievements of the body.
In particular, Anton Yanchuk stressed that ARMA was created in the likeness of institutions that successfully operate in EU member states. A key prerequisite for the introduction of the Agency was the process of liberalization of Ukraine’s visa regime with the EU.
Mr Yanchuk said that the first case was transferred to the newly created body in the fall of 2017. However, in December 2018, the number of assets transferred to ARMA exceeded 700! The total value of the assets reached 3.5 billion UAH.
Despite the achievement, the head of ARMA notes that the body is developing further. “We are full of optimism and think that time will show that such an initiative is very important,” said Anton Yanchuk.
The lecture was followed by a lively discussion with the audience, during which the participants received answers to all the questions they were interested in. In particular, the questions concerning the procedure for access to banking secret, the mechanisms for monitoring the effectiveness of management, internal control tools, as well as ARMA funding channels and much more.
Finally, the Head of ARMA thanked the audience for their interest in the Agency.
ACREC Communication Platform is an independent platform for communication and exchange of ideas among activists, experts, academics and practitioners in the field of anti-corruption in Ukraine and abroad. The role of the Anti-Corruption Research and Education Centre within the framework of the Platform is to initiate public discussions and mediate the process of interaction between various agents in the field of combating corruption in Ukraine.