There are plans to rescue ARMA from crisis through a new bill: what is being proposed in the Rada
This is stated in the details of Bill No. 15299 on the Verkhovna Rada website. The bill was registered on 5 June 2026.
Bill No. 15299 has been registered in the Verkhovna Rada, proposing a new mechanism for the temporary management of the National Agency for Asset Tracing and Management.
The official title of the document is the draft law on amendments to the Law of Ukraine “On the National Agency of Ukraine for the Identification, Tracing and Management of Assets Derived from Corruption and Other Crimes” regarding the strengthening of parliamentary control over the activities of the interim management and ensuring the continuity of its operations.
The authors of the initiative explain its necessity by the crisis situation at ARMA and the low efficiency of managing assets that should be working for the state, particularly in wartime conditions.
What the draft law proposes
The draft law proposes amendments to Articles 3 and 7 of the relevant law on ARMA.
The main idea is to expand the circle of officials who may temporarily perform the duties of the agency’s head.
If the head of ARMA and his deputies are absent or suspended, the powers of the head may be exercised by another official of the agency, to be designated by the Cabinet of Ministers.
The document also proposes granting the relevant committee of the Verkhovna Rada the right to decide on the improper performance of duties by the person temporarily heading ARMA.
In such a case, the Cabinet of Ministers will be obliged to terminate that person’s powers within three days and appoint a new acting head.
Why MPs are talking about a crisis at ARMA
The explanatory note to the initiative refers to critical performance indicators for ARMA in 2025–2026.
In particular, under budget programme KPKVK 6431010 “Asset management measures, budgetary support”, UAH 98.6 million was allocated in 2025 for the valuation, protection and management of assets.
According to the data cited in the article, only UAH 371,000 was actually spent. This means that 99.6% of the budget allocation remained unused.
Consequently, as noted, not a single contract was concluded for the storage or security of seized property. This situation creates risks of physical destruction or depreciation of the assets entrusted to the state’s management.
What about the sale of assets
A separate issue is the sale of seized property.
According to the authors of the initiative, the process of asset realisation has effectively been blocked at ARMA since December 2025. As a result, court orders for the sale of property are not being enforced, and tender procedures on the ‘Prozorro.Sales’ electronic platform are being delayed.
As a result, the property lies idle and loses its economic value instead of generating revenue for the budget.
The report also notes that the asset register is not consolidated: for over 42,000 properties, there is allegedly no accurate information regarding their condition and legal status.
What are the risks of the initiative
Despite the stated aim of unblocking the ARMA’s work, the proposed mechanism could raise legal and political issues.
Granting a parliamentary committee the right to make a decision that effectively obliges the Cabinet of Ministers to remove the agency’s interim head could be seen as interference by the legislative branch in the executive branch’s sphere of authority.
Furthermore, the draft law does not contain clear criteria by which the committee is to determine “improper performance of duties” by ARMA’s interim head.
Without such criteria, the mechanism could become a tool for subjective or political influence over the agency’s management.
What happened with the previous ARMA reform
In 2025, the Verkhovna Rada had already passed a law on ARMA reform. It provided for a new procedure for appointing the agency’s head, a competitive selection process involving international experts, an independent audit, a more transparent asset management mechanism, and enhanced control over the transfer of assets.
Transparency International Ukraine described this law at the time as the start of genuine ARMA reform and emphasised that the changes should lay the foundations for better management of seized assets.
At the same time, the new draft law No. 15299 indicates that, following the adoption of the previous reform, the issues of the agency’s effectiveness and its interim leadership remain politically sensitive.
What is important
Bill No. 15299 has so far only been registered with the Verkhovna Rada.
It does not imply an automatic change in ARMA’s leadership or an immediate restart of the agency’s operations.
The key question is whether parliament will be able to strike a balance between monitoring ARMA’s effectiveness and preventing political influence over the management of seized assets.
The practical outcome of the reform will depend not on the number of new powers, but on whether competitive procedures, asset realisation, the enforcement of court decisions and revenue flows to the state budget will actually work.
Follow us on Telegram
