The Supreme Courtroom lastly declared that the federal government, represented by the State Property Fund of Ukraine (SPFU), owns a part of the pipeline of oil merchandise Samara-West, Vitali Kovalthe pinnacle of the SPFU said in Telegram on February 1.
“The Medvedchuk Pipeline Case Is Over.” Koval mentioned, including that the state possession of the pipeline is presently registered.
“The Supreme Courtroom has lastly acknowledged the state possession of the Ukrainian a part of the Samara-Western Course oil merchandise pipeline.”
Additionally learn: Medvedchuk testifies in opposition to former president Poroshenko – SBU
SPFU has been making an attempt to get better this asset for state possession since 2011. In 2017, NABU and the Workplace of the Specialised Anti-Corruption Prosecutor started an investigation into the switch of possession of the pipeline. After the investigation, the Excessive Anti-Corruption Courtroom seized the property, later transferred to Ukrtransnafta.
On February 19, 2021, the Nationwide Safety and Protection Council (NSDC) of Ukraine ordered the return to state possession of a phase of the pipeline of oil merchandise Samara-West, seized by the political pro- Russian Viktor Medvedchuk in 2017.
On February 21, 2021, President Zelenskyy applied the NSDC resolution to return the sections of the Samara-West and Grozny-Armavir-Trudova oil product pipelines to state possession.
In Could 2023, Ukrtransnafta allotted greater than 10 million UAH ($266,000) to the funds for managing the pipeline of seized oil merchandise, often known as the “Medvedchuk pipeline”.
Additionally learn: Ukraine is embracing widespread privatization of state property
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