Valentin Reznichenko, the head of the Dnipropetrovsk Regional State Administration dismissed several days ago, and his external advisor Yuri Holik, who previously worked together at Boris Lozhkin's media holding and then for Serhiy Kurchenko, secured tender contracts for companies close to them for the next three years.
During Reznichenko's tenure as governor, capital investments in infrastructure projects reached a record 30 billion hryvnia. To achieve this, funds from cities and united territorial communities were voluntarily-involuntarily consolidated in the regional budget.
The lion's share of the Regional State Administration's tender contracts was executed by firms linked to two citizens of Ukraine, Israel, and the United States simultaneously — brothers Volodymyr and Leonid Dubinsky, who are wanted by Interpol for their involvement in a housing fraud in California.
These same firms are named in criminal case No. 120180400000000232 concerning the misappropriation of funds from budgetary organisations by officials, as well as in more than a hundred cases in the field of criminal proceedings. In Dnipro's business community, it is widely believed that the Dubinskys are Reznichenko and Holik.
The publication Delo writes that on the day of the governor's dismissal, whom his team had positioned as the "most successful in Ukraine," the remaining funds in the regional budget amounted to only 29.9 million hryvnia. Meanwhile, creditor debt on secured items stood at 37.6 million hryvnia. By the end of the year, the "budget hole" in Dnipropetrovsk Oblast could reach 239.5 million hryvnia.
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