Asset Recovery Watch

ARW-154
Pavel Lazarenko (Switzerland)
Ukraine
Member of Parliament (1998); Prime Minister (1996-1997); First Vice Prime Minister (1995-1996); various government and political positions, Dnepropetrovsk region (1992-1995)
Switzerland
Undertaking Recovery Effort, Location of Recovery Effort, Asset Location / Alleged Asset Location
Ongoing
Art.15, Art.17, Art.18, Art.20, Art.23
Yes
Unspecified
Unknown
Unspecified
Ongoing Case
Ongoing
Investigation/Asset Tracing/Asset Restraint
$5,400,000
Ongoing
N/A

According to the Swiss Ministry of Foreign Affairs, $5.4 million remain frozen. (Source: Swiss Ministry of Foreign Affairs, September 30, 2009).

According to the U.S. Department of Justice Press Release dated November 19, 2009, Mr. Lazarenko was sentenced to 97 months in prison, subsequent to his conviction on eight counts of money laundering. (Source: U.S. Department of Justice, "Former Ukrainian Prime Minister Sentenced to 97 Months in Prison," November 19, 2009.) According to BBC News, Mr. Lazarenko was convicted in Switzerland, in June 2000, on money laundering charges. (Sources: BBC News, "The case against Lazarenko," August 25, 2006. See also, Swiss court decisions: BGer 125 II 356 (excerpt, judgment of 25 June 1999) and BGer 125 II 238 (excerpt, judgment of 8 April 1999), both of Canton of Geneva, administrative law court).

Prosecutor General
Prosecutor General
Unknown
Unknown