Asset Recovery Watch

ARW-188
Ukrainian Government / Ministry of Emergency Situations
Ukraine
Unspecified
United Kingdom
Location of Recovery Effort, Asset Location / Alleged Asset Location
2010
Ongoing
Art.17, Art.23
Yes
Private Civil Action
No
Ongoing Case
Ongoing
Before Court of First Instance
Ongoing
N/A

On October 11, 2010, the Ministry of Emergency Situations of Ukraine (represented by Nabarro LLP) filed a civil claim in the High Court of Justice, Queen's Bench Division, against Legal Business Consultants Ltd., a UK company that is alleged to be part of an international conspiracy involving the inflated purchase price of depreciated vehicles to the ministry. The claim seeks damages for conspiracy and deceit. (Source: Government of Ukraine, Ministry of Finance, Main Control and Revision Office, "Report of Investigative Findings: Pursuant to Agreement on Performance of Audit on the Efficiency of Use by the Respective Controllers of the Budget Funds in 2008-2009 and in the First Quarter of 2010," October 14, 2010 Report by Trout Cacheris PLLC, Akin Gump Strauss Hauer & Feld LLP, Kroll Inc.)

Unspecified

Government of Ukraine, Ministry of Finance; Trout Cacheris PLLC, Akin Gump Strauss Hauer & Feld LLP, Kroll Inc.
Trout Cacheris PLLC, Akin Gump Strauss Hauer & Feld LLP
Trout Cacheris PLLC, Akin Gump Strauss Hauer & Feld LLP, Kroll Inc.
Trout Cacheris PLLC, Akin Gump Strauss Hauer & Feld LLP
High Court, Queen's Bench