Ukraine blocks over UAH 2 bln on suspicion of financing terrorism
State Fiscal Monitoring Service (FMS) has reported to the Security Service of Ukraine (SBU) on 102 cases on financial transactions that may be related to financing terrorism, according to the FMS press service.
The State Service for Financial Monitoring of Ukraine in March 2014 - July 2015 has taken 540 decisions on halting financial transactions to freeze the funds of individuals suspected of financing terrorism (separatism) in the amount of UAH 2.17 billion, reads the FMS response to the UNIAN information request.
According to the press service, in this period alone, the FMS has drafted and submitted to the SBU the materials on 102 financial transactions that may be related to terrorist financing (separatism).
As an example, the press service recalled that in May 2015, the accounts were detected and blocked of 13 officials of the so-called "LPR" and "DPR" terrorist organizations, holding UAH 28.54 million.
SCFM assured that the identification of individuals and financial transactions that could be linked to the financing terrorism (separatism) has been one of its priorities.
As UNIAN reported earlier, according to a public statement by MP, honorary commander of the Dnipro-1 regiment Yuriy Bereza, their internal security service is to publish the results of an investigation this September, with the data on at least five Ukrainian financial institutions suspected of financing terrorism in the east of Ukraine and associated with the country’s former top officials.
According to Bereza, the regiment was forced to conduct such an investigation on its own because of the lack of effort in this direction of the National Bank and the fiscal authorities, as well as because of corruption in the judiciary system.
The National Bank did not agree with the deputy’s charges, claiming that, since 2014, it has intensified its efforts to prevent the use of the banking system for the legalization of criminal proceeds and prevent risky financial operations, with this work having resulted in expelling seven banks from the market, imposing 115 fines and other applying other intervention measures.
In turn, SBU informed on the investigation carried out from February 2014 to the late July 2015 in 188 criminal cases under Article of the Criminal Code "Terrorist financing", without informing on the volume of financing and suspects, referring to the restrictions of the current legislation .