President Yushchenko Finds Sale of Odesa Portside Plant Unacceptable
OREANDA-NEWS. October 01, 2009. President Victor Yushchenko considers the approach to privatization of strategic enterprises, which was demonstrated by the Government and the State Property Fund of Ukraine during the attempted sale of OJSC Odesa Portside Plant unacceptable, reported the Official website president.gov.ua.
The authorities once again have demonstrated unwillingness to act within the law and in defiance of court decisions.
Despite the Presidential Decree and the decision of court, State Property Fund of Ukraine violated the law and conducted an auction to meet shady agreements of the Government. Given the wide publicity of the Government’s misconduct, investors refused to name the real price for the risky enterprise privatization.
Therefore, the Head of State appealed to the Prosecutor General of Ukraine to institute appropriate proceedings and bring to justice those involved in violation of the law.
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