• Українською
  • ARMA to cooperate with Lithuania in tracking of illegal assets
    Asset Recovery and Management Agency, posted 24 March 2021 15:43

    The Government has included ARMA in the list of competent bodies on the part of Ukraine responsible for the implementation of the Agreement between the Cabinet of Ministers of Ukraine and the Government of the Republic of Lithuania in the field of combating crime and international terrorism.

    The relevant Agreement was concluded long before the establishment of ARMA (Asset Recovery and Management Agency), in 2007. Meanwhile, the Agency itself ensures the formation and implementation of policies in the field of tracking and tracing of criminally obtained assets, which is part of the system of effective combating corruption, money laundering and organized crime.

    To ensure the implementation of these objectives, ARMA cooperates with international and intergovernmental organizations and networks, including the Camden Asset Recovery Inter-Agency Network (CARIN), in which it represents the interests of Ukraine. The relevant authorities of Lithuania are also members of the Network, but cooperation with them within CARIN has been complicated by the status of ARMA as a civilian body that is not a party to criminal proceedings.

    Therefore, the Government's decision will facilitate joint participation in the investigation of a much wider range of crimes, exchange and analysis of operational information in criminal proceedings between ARMA and the Lithuanian authorities in the format of bilateral interstate cooperation.