The auction for the sale of the real estate of the “Kyiv Radio Plant” has become a significant event due to the fact that over 10,000 square metres of state assets were transferred to private ownership for a ridiculously low sum. Six facilities, including the administrative buildings and production facilities, were sold for 2.7 million UAH, although their market value exceeded 62 million UAH.
This sale inflicted significant losses on the state, as confirmed by court expert findings, showing a price discrepancy of 23 times below the market rate. The sale also violated the legislative prohibition on the privatisation of space industry enterprise assets.
The organiser of the sale was an arbitration manager, who at the time acted as the liquidator of the strategic enterprise. He has been charged under Article 365-2 of the Criminal Code of Ukraine — abuse of authority with severe consequences. The Darnytskyi District Prosecutor’s Office of Kyiv is handling the case. Currently, the assets have been seized, and the investigation continues to ascertain all circumstances and other involved parties.
State property should not be exploited for personal gain. Strategic assets cannot be sold at a 95% discount — this is not just an error, it is a crime, for which there is accountability.
Source: SpecprokuraturaZahidRegion