Acquiring a Building for Pennies — Kyiv City Official Charged.

A loud scandal is unfolding in Kyiv regarding the privatization of municipal property. announced that the deputy head of the monitoring department of the Kyiv City State Administration's Department of Communal Property has been charged.

This was reported by the on Friday, July 11.

Details of the Case

According to the investigation, the official committed gross negligence, resulting in damages to the city budget exceeding 2.7 million hryvnias. The conversation is about a non-residential premises of 327.2 square meters on Tarasivska Street, which was rented. The tenant assumed the right to privatize this premises, after which the Kyiv City Council approved the transfer of the object into private ownership.

The official responsible for evaluating the property should have checked the report on the market value of the premises. However, instead, he approved a review of the document with insufficient property value. Despite the appraiser's qualifications and confirmation of further professional training, the official ignored the violations.

Investigation Results

As a result, the premises were privatized at a lower price, causing million-dollar losses to the city. The actions of the official are classified as official negligence under the law. The investigation continues; the prosecutor's office is clarifying all circumstances of the case and examining the possible involvement of other persons in this scandal.

During the investigation, violations in the privatization of municipal property were revealed, leading to serious financial losses for the local budget. The prosecutor's office continues to investigate to establish all the details of the case and determine the possible involvement of other persons.