Arseniy Yatsenyuk: Government introduces distrained property auctions
“In fact the
Justice Ministry and the Government are working to destroy the monopoly on
selling properties which were sold on court’s decisions,” the Prime Minister of
Ukraine Arseniy Yatsenyuk announce during a session of the Government on
Tuesday, April 1.
He noted it
concerns the property withdrawn by banks for loans, withdrawn by the State
Executive Service: “It was the property the gains from which were received by
only one monopoly, at this, what cost UAH 1 thousand was sold for UAH 500 while
the person had to pay another UAH 500 to the bank or some other department”.
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“We shall change the property realization system, from now on it will be automated,” Arseniy Yatsenyuk informed. According
to the head of the Government, the similar system was introduced in Georgia, “when
through the transparent and public automated auction system they sell any
property at real cost avoiding any mediators, corrupt officials or situations
when people lose up to 50% from the cost of the property, which they could
have gained”. |