“Today we cannot find common ground with the owners of Kovelsilmash regarding the 25% of shares for which no public sale ever took place. From our point of view, this block of shares was stolen from the state.” This was stated during a press conference by the head of the Volyn Oblast State Administration, Volodymyr Bondar. \n \n“From our point of view, this block of shares was stolen from the state. I call things by their proper names. Because no public sale of these shares took place; they were given into management, then disappeared, then appeared on some Virgin Islands or somewhere else... And in one way or another were obtained by certain entities...”, reported Volodymyr Bondar. \n \n“Those who own these shares have a different point of view. We turned to the State Property Fund for clarification. It gave us an interim response that no open procedure for the sale of this block had taken place. From which we draw the corresponding conclusions,” added the head of Volyn. \n \n“We are working today with the Fund to return these shares. We have written to all bodies, including law enforcement... I am convinced that we will see this case through to the end, and we will indeed win back the state block of shares, because in a civilized state it does not happen that, without the appropriate procedure, which is clearly regulated and described in legislation, state property passes into private or some corporate ownership...”, the head of the Oblast State Administration assured journalists. \n
Volodymyr Bondar: The block of shares in Kovelsilmash was stolen from the state
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