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New manager of seized assets instead of Vozdvizhenka residential complex to be selected by June 12 – head of ARMA

New manager of seized assets instead of Vozdvizhenka residential complex to be selected by June 12 – head of ARMA
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Corruption Perceptions Index: Ukraine shows one of the best results in the world over a year

Ukraine gained three points in the rankings of the Corruption Perception Index, one of the best results of any country in the world over the past year. Source: Transparency International Ukraine (TIU); Andrii Borovyk, executive officer of the organisation in the column for Ukrainska Pravda Quote: "Ukraine scored 36 points out of 100 in the 2023 Corruption Perceptions Index (CPI); now our country ranks 104th out of 180 countries.

Ukraine Antagonises China, While Pleasing the US

Analysts see the Ukrainian decision to seize the assets of aerospace company Motor Sich as a sign of Kyiv’s increasing confidence in favouring Washington’s interests over that of its other key ally, China. On March 11, the National Security and Defense Council of Ukraine (NSDC) announced the nationalisation of Motor Sich, one of the world’s leading manufacturers of aircraft engines and gas-turbine installations. On March 20, its assets were seized and transferred to the Asset Recovery and Management Agency of Ukraine (ARMA) for management. In 2016, Beijing Skyrizon Aviation Industry Investment bought 76 per cent of shares in Motor Sich from its owner Vyacheslav Boguslaev.

ARMA specialists should be involved in criminal proceedings for effective work – acting ARMA head

KYIV. March 12 (Interfax-Ukraine) – The Asset Recovery and Management Agency of Ukraine (ARMA) advocates the involvement of its specialists in the investigation of criminal proceedings.

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