Nationalization of property in Crimea will cover the debt of “PrivatBank” to depositors, - Vladimir Konstantinov

At the extraordinary session of the State Council of the Republic of Crimea Parliament adopted a resolution relating to the property management of the Republic of Crimea.

According to the Chairman of the State Council of the Republic of Crimea Vladimir Konstantinov, the amount of unreturned deposits of “PrivatBank” before depositors exceeds 10 billion UAH. “Unfortunately, the budget of Crimea is not able to cover the entire amount of Bank debt before Crimeans, therefore, it was decided to nationalize the objects of unscrupulous businessman, - said the Speaker. - By bidding the property will be sold and the proceeds will be spent on compensation payments to depositors whose accounts exceeded 700 thousand rubles”. Crimean Speaker noted the continuation of extortion activity on the part of the representatives of the Bank, requiring Crimeans to return funds previously taken credit obligations that, in his opinion, is a gross violation of all moral standards”.