No one doubts the poor performance of the Asset Recovery and Management Agency (ARMA). The President's Office has voiced plans to transfer the asset management function to the State Property Fund (SPFU), leaving the Agency with only tracing. Or even liquidate ARMA altogether.

Meanwhile, EU institutions are calling for the Agency's functionality not to be touched, but to be "rebooted". LIGA.net looked into the positions of the stakeholders.

Why ARMA exists

After the victory of Euromaidan, the question arose of how to find and manage the assets of former government officials. The European Union initiated the creation of the ARMA. Its functionality is not well understood in Ukraine.

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