The President underlined that
responsibility for all negative effects of 'this hasty and illegal
privatization' of Odesa Portside Factory rests with the Cabinet of
Ministers, President's press secretary Iryna Vannikova said.
to Yushchenko, the starting price of the factory at UAH 4 billion is
beyond criticism, as more than USD 2 billion was offered for the
enterprise even a year ago. In Yushchenko's opinion, this hasty
privatization is aimed at 'filling the budgetary gaps'.
Yushchenko, Nortima Ltd., a tender challenger, is the company being
affiliated with Russia's Gazprom, and this raises questions regarding
adherence to the Ukrainian legislation on privatization and interests
of national security.
Vannikova said that the President sees such an
approach of the government to the privatization of strategic objects as
absolutely inadmissible. Ukraine-based Nortima
Ltd., the company owned by businessman Ihor Kolomoysky, has today won
the auction on the sale of 99.567% stock in JSC Odesa Portside Factory.
In her turn, Prime
Minister Yulia Tymoshenko blamed the participants of the auction due
to selling the factory for collusion in order to bring down the
price. Tymoshenko also reminded that the President's decree on the
cancellation of the factory privatization was issued when about 20
companies from all over the world had filed their applications.
As a result, 'a great number of real investors' refused to participate in the tender as they thought it was too early to invest in Ukraine now.
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