Business news from Ukraine

NABU searches apartment of businessman Vasyl Khmelnytskyy

26 May , 2023  

The National Anti-Corruption Bureau of Ukraine (NABU) conducted a search in the apartment of UFuture holding founder Vasyl Khmelnitsky, the businessman himself said on Facebook.
“Already in the office found out that I have guests from the NABU at home. Days of exemplary searches after nights of rocket attacks for Ukrainian businessmen have become a tradition. Unfortunately. This visit of law enforcement agencies to me concerns a case that has been under investigation for more than 4 years, and all these years I am in Kyiv, I am not hiding from anyone, and investigative experiments and interrogations have already been carried out repeatedly”, – wrote Khmelnitsky.
He said that the case concerns a plot of land, which Khmelnitsky together with a partner purchased for the construction of a new modern school at an open auction, paid the full price (18.9 million UAH) and received the rights of the owner.
“For us, it is 100% a social project, not a business. It is access to quality school education that paves the way for Ukraine’s real transformation and reforms in the long term. In the short term – Kiev at the expense of private investment gets the necessary infrastructure for comfortable life of citizens, and the inhabitants of the residential complex – an additional advantage,” he wrote.
The businessman stressed that the legality of the purchase of the land plot at the auction and the conclusion of the sale agreement is confirmed by the court.
“But the NABU believes that the price is too low”, – said Khmelnitsky.
According to the businessman, in accordance with the city planning documentation at this address can not be placed commercial or residential real estate, this explains the price of the contract.
Khmelnitsky noted that in war conditions it is necessary to stop the mass practice of “mask show” and intimidation of business. “All remaining entrepreneurs in the country, believe me, are 100% patriotic and ready for a civilized dialogue. In the last few months alone I have heard about dozens of such cases with show off searches of respected businessmen. Both the Ukrainian society and foreign investors are observing this negative trend. There is a sincere hope that the authorities are listening to the voice of business because it is only possible to defeat the external enemy and develop the Ukrainian economy by joining forces,” he said.
Khmelnytskyy said that he is not going anywhere and is ready to answer all questions.

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