PrivatBank put up for sale part of the right of claim under loan agreements with LLC Borivazh in the amount of about 3 billion 556 million UAH, but the auction provided for a reduction in the value of the lot to 2 billion UAH.
State-owned PrivatBank sells LLC loans at the lowest prices Borivagedespite the injunction and criminal charges. This was announced by the former shareholder and member of the supervisory board of PrivatBank Alexey Martynov on Facebook on Tuesday, December 24.
The previous day, PrivatBank put up for sale part of the right of claim under the loan agreements of the LLC Borivage in the amount of almost 3 billion 556 million UAH, however, the auction provided for a reduction in the value of the lot to 2 billion UAH. The loans were provided on the security of a grain terminal at the port of Yuzhny in the Odessa region.
In 2015, PricewaterhouseCoopers assessed Borivage to $340 million Market experts believe that now its value has not fallen, but rather increased because of the critical importance of grain exports for Ukraine during the war.
“It is now known that the buyer is a company related to Sergei Tigipko, the owner Taskombanka. Considering that the property has set itself Borivage mortgaged to a clearly related company in IV and Bogolyubov GB – Borivage Terminalthis is a 100% general deal with the interests of these same oligarchs,” Martynov wrote and added that in this way “Tigipko helps the former owners of PrivatBank.”
According to him, due to such actions, the negative consequences associated with the future decision of the High Court of England on PrivatBank’s claim for compensation for losses for withdrawn assets, which are estimated at $1.951 billion, and with interest – $4.2 billion, will be neutralized.
“GB Bogolyubov not only bought his own loans at a discount of more than UAH 3 billion, in addition, they will cease to be the official owners of the port, which will allow them to avoid the foreclosure of the port,” added Martynov.
Earlier, Martynov appealed to President Vladimir Zelensky, as well as the ambassadors of the United States and Great Britain, about the sale of the port of Borivage. In his opinion, the former owners of PrivatBank created artificial obstacles to remove a more expensive asset from under attack for UAH 2 billion.
Source: korrespondent
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