Yanukovych is using this money to finance the pro-Russian separatist movement in
the eastern regions of Ukraine. Russia continues to harbor the ex-president who
authorities have implicated in murder and grand corruption. Makhnitsky added
that Russia refuses to cooperate with Ukraine to extradite the wanted former
head of state who fled overnight on February 21-22.
President Vladimir Putin has maintained that Yanukovych is still the legitimate
president of Ukraine and doesn’t recognize the interim government in Kyiv.
Russia invaded and annexed the Autonomous Republic of Crimea in March-April,
which is a part of Ukraine, after Yanukovych’s get away.
Ukraine’s state budget for 2014 is only $31.5 billion, according to the April
29 hryvnia rate on the interbank exchange market. The country urgently needs
financial assistance to cover the $24.4 billion fiscal gap, Prime Minister ArseniyYatsenyuk
earlier stated. Recovering the money with which Yanukovych and his inner circle
allegedly absconded to Russia may contribute greatly to solving this problem.