The National Agency of Ukraine for the Identification, Search and Management of Assets Received from Corruption and Other Crimes (ARMA) sold 3 thousand tons of seized sunflower oil at an open auction, for the highest price in the history of the agency - 93 million hryvnia. This is reported by the ARMA website.

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The starting price of the lot was UAH 82 million, which corresponds to the average level of market prices. During the competitive bidding, in which four participants took part, the price increased by more than UAH 11 million, or by 13%.

" Therefore, the sale of such an expensive asset at a market price is undoubtedly a positive experience for the seized property market in Ukraine, "

[see_also].

World food prices rise for tenth straight month - FAO.

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Recall that Ukraine is one of the world's largest exporters of sunflower oil, and the level of world prices has a significant impact on the formation of the value of the product within the country.. The sharp rise in world prices for vegetable oils, sugar and grains in May this year reached the highest level since September 2011, according to data from the Food and Agriculture Organization of the United Nations..

According to the State Statistics Service, prices for sunflower oil and sugar in Ukraine in June compared to June 2020 increased by 80.3% and 70.1%, respectively..

The Antimonopoly Committee of Ukraine (AMCU) is studying the reasons for the rise in prices for eggs, sunflower oil and sugar.

The list of assets seized in criminal proceedings can be found in the relevant Register and maintained by ARMA. To obtain information from the register, it is enough to fill in at least one field, for example, the region where the property is located.