The Cabinet will postpone all decisions of the state property Fund to complete the analysis of the work of the Ministry.

Кабмин отложит принятие всех решений по ФГИ до полного анализа работы ведомства, - Гройсман

The Cabinet of Ministers of Ukraine has postponed all decisions on raising the state property Fund issues prior to the audit activities of the Agency. This was stated by Prime Minister Vladimir Groisman during a meeting of the Cabinet.

“I propose to defer all decisions regarding the SPF. Until then, until we get a public report on the activities of the Fund. And I think we should create a serious group that will test how and what property, how effective is the SPF. Here is a comprehensive proposal. All other questions regarding the transfer of property complexes, etc. – to stop,” he said.

News on topic: Privatization of OPZ fold.

The Prime Minister instructed first Deputy Prime Minister Stepan Kubiva until the end of December to prepare a mechanism to check the SPF.

“Let us even attract international audit company – I will find funds for this,” he said.

We will remind, earlier Prime Minister of Ukraine Volodymyr Groisman said about the inefficiency of the state property Fund and called for the dismissal of its leadership because of the failure of the tender for privatization of OPP.

We will remind that the state property Fund announced a tender on sale of JSC “Odessa port plant”, it was planned for 14 December. Later, the state property Fund said that the applications for participation in the competition from potential investors has not been received, therefore the competition was not held.

Previously carried out a tender for the sale of the HMO. But then also not received a single application, so the state property Fund recognized the tender void. After that, the Prime Minister of Ukraine Volodymyr Groysman announced the intention to put the SCR on the re-auction. During the first auction the state property Fund of Ukraine offered for the starting price of 99, 567% IPF – 13,175 billion. According to the government decision, the starting price of the SCR is reduced to 5,160 billion UAH, the term privatization extended until 7 January 2017.