The Pechersky district court of Kyiv arrested the historic building located at 98 Velyka Vasylkivska in Kyiv, which is owned by Dragon Capital, an investment firm. The property is located on a 10,500 m2 plot, Interfax-Ukraine reports.
According to the single register of court rulings, such ruling was produced on 6 April 2018 as the result of a petition by the Prosecutor General’s Office of Ukraine (PGO) in the criminal investigation started in November 2017 against Irpin-Budproject-Plus LLC (Kyiv). The court arrest prohibits the sale of the premises.
The single register of Ukrainian enterprises, as of 19 April 2018, says that the aforementioned limited liability corporation is owned by Dragon Capital Investments Limited and Dragon Capital Holding Limited, whose ultimate beneficiary is the CEO of Dragon Capital Tomas Fiala.
The new director of Irpin-Budproject-Plus Oleksandr Foschan was appointed on 26 January 2018. Dragon Capital Investments Limited was authorized to acquire the company on 19 January, the Anti-Monopoly Committee of Ukraine has reported.
The court ruling says that officials of the urban development and architecture of the Kyiv City Administration abused their power and the permit was issued illegally. The forgery of documents and their use under a prior collusion by the employees of Irpin-Budproject-Plus LLC are currently under investigation.
According to the court ruling, the building is a site of cultural heritage (a residential structure built in 1908-1910) and the limited liability firm only possessed a historical and town-planning permission for the restoration of the premises.
In 2009, the Kyiv City State Administration granted a permit to Irpin-Budproject-Plus to design and reconstruct the building adding an office complex, as well as an underground parking facility.
“Beginning in 2011, the freeholder performed construction works, which eventually destroyed the site of cultural heritage, replacing it with a shopping mall, while the local authority granted a permit for construction to be performed,” the court clarified.
The Prosecutor General’s Office has claimed that the firm had failed to pay a construction fee to the tune of $169 million to the Kyiv municipal budget.