ARMA announced the termination of the competition for the management of the Gulliver shopping center

13 October 14:05

The Asset Recovery and Management Agency (ARMA) has terminated the tender procedure for finding a manager of the seized Gulliver shopping center in the Prozorro system.

This is reported by "Komersant Ukrainian" with reference to the ARMA.

The asset was transferred to the ARMA in 2017 as being associated with former President Viktor Yanukovych and his entourage, as part of criminal proceedings on misappropriation of funds from state-owned banks.

ARMA’s task was to ensure the preservation and proper management of this asset until its legal status is finally determined.

The courts have now ruled that the ownership of the Gulliver shopping center belongs to state-owned creditor banks, not to persons associated with Yanukovych.

According to the agency, ARMA acts exclusively within the law and court decisions. The agency does not interfere in ownership disputes, but ensures transparency and legitimacy of the procedures for managing seized assets.

“The termination of the tender for the management of the Gulliver shopping center is an example of how the ARMA reform works within the legal framework, protecting the interests of the state and ensuring the rule of law,” said Yaroslava Maksymenko, Acting Head of the ARMA.

As a reminder, on January 10, a public auction was held on the Prozorro platform to select a manager for the Gulliver shopping center.

Анна Ткаченко
Editor

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