Journalists have recently uncovered a shocking discovery regarding the Department of Communal Property of the Kyiv City State Administration (KCSA). It has been revealed that the department has been leasing numerous properties for a fraction of their actual value to a private company for decades.
According to the investigation, the KCSA’s Department of Communal Property has been leasing out various properties, including office spaces and commercial buildings, to a private company at extremely low rates. These properties, which are owned by the city and its residents, have been leased for as little as a few cents per square meter per year. This means that the company has been able to profit greatly from these properties while the city and its residents have been losing out on potential revenue.
The company in question, whose name has not been disclosed, has been leasing these properties for up to 49 years, with the possibility of extending the lease for another 49 years. This means that the company has essentially been given control of these properties for a century, all for a minimal cost. This raises serious questions about the transparency and fairness of the leasing process within the KCSA’s Department of Communal Property.
The revelation of this scandal has caused outrage among the citizens of Kyiv. Many are questioning how such a blatant misuse of public property could have gone unnoticed for so long. The fact that these properties were leased for such a long period of time, with the possibility of extension, only adds to the suspicion that there may have been some corrupt dealings involved.
The KCSA has responded to the allegations by stating that the leasing process was done in accordance with the law and that the company in question was chosen through a competitive bidding process. However, this explanation has not satisfied the public, who are demanding a thorough investigation into the matter.
This scandal has also shed light on the larger issue of corruption within the KCSA. It is no secret that corruption is a major problem in Ukraine, and this latest revelation only adds to the growing list of corrupt practices within the government. The fact that public property, which belongs to the citizens of Kyiv, has been given away for a fraction of its value to a private company is a clear indication of the lack of accountability and transparency within the KCSA.
The consequences of this scandal are far-reaching. Not only has the city and its residents lost out on potential revenue, but this also sets a dangerous precedent for future leasing of public property. It sends a message that it is acceptable for the government to give away valuable assets to private companies for personal gain, rather than using them for the benefit of the city and its citizens.
The KCSA must take immediate action to address this issue and hold those responsible accountable for their actions. The citizens of Kyiv deserve to know the truth about how their public property is being managed and to have confidence that their government is acting in their best interest.
In conclusion, the recent discovery of the KCSA’s Department of Communal Property leasing public properties for a fraction of their value to a private company is a shocking and unacceptable revelation. It highlights the need for greater transparency and accountability within the government and serves as a reminder of the ongoing issue of corruption in Ukraine. It is imperative that swift action is taken to address this scandal and prevent similar incidents from happening in the future. The citizens of Kyiv deserve better from their government and it is time for the KCSA to take responsibility and make necessary changes to ensure the fair and just management of public property.
