New Ukrainian Government Introduces Strict Cost Saving Measures for Officials

Officials are banned from taking business trips abroad, while bonus payments and reimbursements for mobile phone service are being eliminated.

The Ukrainian government has issued a resolution, disseminated by the Cabinet of Ministers’ press service, introducing a strict cost savings regime for budgetary funds.
Among others, the document “establishes a ban on purchases of uniforms, motor vehicles, mobile phones, and notebooks, performing renovations, reimbursements of expenses for mobile phone service, and payments for charter flights.” Continue reading

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Money from the Yanukovyches, Azarovs and Kluyevs to return

Friday, March 7, 2014, 08:21

On Thursday, the EU has published the list of Ukrainian officials against whom sanctions were applied and accounts of which are now frozen in banks of Europe. Europe is freezing the accounts of ex-president Viktor Yanukovych, his sons Olexandr and Victor, as well as heads of security agencies, the Cabinet of Ministers and the Presidential Administration.

The reason for the inclusion of all of these former officials to the list is that they are already defendants in the case of embezzling funds from the Ukrainian budget and withdrawing it from the country. Full list of people of Yanukovych’s regime that came under EU sanctions include: Continue reading