Ukrainian authorities take over the Odessa oil refinery from the Russian bank VTB
Kyiv, March 31 (Navigator, Mikhail Ryabov) – The Ukrainian authorities intend to disrupt the transition of the Odessa oil refinery to the control of the Russian VTB bank.
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The financial institution had to take over the plant for debts. Several months ago, the VETEK company of oligarch Sergei Kurchenko, close to Viktor Yanukovych’s “Family,” announced the purchase of the refinery. To do this, the company took out a loan of $300 million from VTB. However, the company did not have time to close the deal due to revolutionary events. The Odessa oil refinery was to come under the control of VTB as collateral.
Now the Ministry of Internal Affairs of Ukraine intends to prevent this. Chief police officer Arsen Avakov said that he regards the transfer of OPP to a Russian bank as a “dubious scheme.”
“We have recorded a scheme for the transfer of the Odessa oil refinery from Kurchenko’s company to one of the Russian banks. To put it mildly, according to our estimates, a very dubious scheme. We are starting to expose fraud within the framework of a formal procedure in order to return the property of the plant to Ukraine,” Avakov said.
The design capacity of the plant for processing raw materials is 2,8 million tons per year.
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