Business news from Ukraine

UKRAINIAN AGRARIAN MINISTRY TO COORDINATE LAND CADASTRE AUDIT

The Ministry of Agrarian Policy and Food will perform a coordinating function in the anti-corruption audit of the State Land Cadastre, and the obtained data on land fraud will be transferred to law enforcement agencies, Minister of Agrarian Policy and Food Roman Leshchenko told Interfax-Ukraine on Tuesday.
According to him, relevant agreements have already been signed on conducting an independent anti-corruption audit with the involvement of international organizations, which will include data from the Ukrainian side and independent expertise. This information will be published on the open data portal, and information about land scammers will be provided for consideration by law enforcement agencies and the National Security and Defense Council of Ukraine (NSDC).
“The relevant data will be formed for all land scammers and a collegial decision of the National Security and Defense Council will be made in accordance with the current legislation,” the minister said.
Leshchenko said that the tracking of all schemes for the consolidation of assets and their beneficiaries will not end quickly, since all processes will be worked out systematically, without the use of selective measures. As an example, the minister cited a “network” formed on the basis of powers of attorney signed by 5,000 citizens, who authorized one person to execute registration and transfer of land plots.
“We are talking about land plots with the legal title of private farms, consolidated on the balance sheet of legal entities, including those with the beneficiaries, close to one or another vertical of power over the past 30 years of our statehood,” Leshchenko said.

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