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«The Power of the People» coalition leader Victor Yushchenko objects the non-transparent privatization of the «Ukrtelecom»

16:33, 28 July 2004 // "Press Service of Viktor Yushchenko"

 «The Power of he People» coalition declared its position regarding the moratorium on large-scale privatization before the 2004 election many times.

We declared that we were not in favour of property redistribution and complete revision of privatization results since the 90th. We proceed from the fact that we should manage to put an end to the past so as not to plant the bomb in the future.

However the year 2004 is a particular one in the history of Ukrainian privatization. It might seem that from the ten-year experience authorities could have learned to carry out fair, transparent, competitive and maximum profitable for our budget, hence for the people, privatization. Still, the reverse is true. 

This is the year when privatization process is as savage, illegal and immoral as never before. The winners of contests are determined in advance. The price of the objects is well-known beforehand too and is far from the true sellers market one. 

The so-called national investors took possession of «Kryvorizhstal», bidding half as much and now they are going to benefit by reselling it to the Germans. And some private persons will pocket «lucre.»

Generally speaking, our budget lacks tens of billions of hryvnyas regarding the «sold» objects in 2004, which could provide the real but not nominal rise in wages, pensions and scholarship.

The most regrettable thing is that the top-officials’ relatives, friends and mates become the immediate participants of privatization tricks. Over the decade Ukraine has never seen such a cynical and undisguised plunder of public property, occuring in 2004, screened by the authorities.

We demanded the declaration of 2004 privatization moratorium as early as 2003, having foreseen this situation.

Now the ruling clique, quitting the stage, is trying to grab all national economy.

 Besides, authorities and oligarchs are going to steal the «Ukrtelecom» company, elaborating their plan of actions at the present moment. 

We are warning all the accomplices in this jobbery that a new democratic government won’t acknowledge the fact of the so-called «Ukrtelecom» privatization provided it takes place in 2004. The same holds true for the legal recognition of other privatization fraud that occured this year. 

They will have to give back all stolen goods.

They will have to make up for those things bought for a trifling sum.

They will be prosecuted for law infringement during privatization process.

http://www.yuschenko.com.ua/eng/Press_centre/press_release/939/
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