On December 24, during a press conference in Lutsk, the head of the People's Party faction in the Verkhovna Rada, Ihor Yeremeyev, regarding the sale of a block of shares of the Galychyna oil refining complex, stated: "As of today, there are no longer any buyers for the Galychyna oil refining complex. There was an attempt to sell a 32 percent block by the Privat group. This attempt had one single idea behind it – to sell this block from the hands of 'Privat' into the hands of 'Privat' – into 'Ukrnafta.'
The People's Deputy of Ukraine added: "The reason is very simple: today, about two billion hryvnias have accumulated in Ukrnafta's accounts. And 'Privat,' which controls 40% of this state company, has no ability to withdraw these funds from the accounts. Because the supervisory board does not give them such an opportunity.
So they came up with a story to inflate several times over the price of the block of the Drohobych oil refinery, which they do not control, and sell it to 'Ukrnafta.' And in this way withdraw 1 billion hryvnias from 'Ukrnafta.'
But since they have 40% in 'Ukrnafta,' they essentially transferred it from one of their own hands into another hand. And in this way withdrew part of the state funds from the accounts.
I raised this issue accordingly at a meeting of the Cabinet of Ministers, held a press conference, met with the President. I proved that this is unacceptable, at least with regard to the interests of the state. And today the tender is suspended."