Court rules in favor of Kyiv community in awarding 139 million UAH from metro construction contractor on Vinohradar.
According to a post on the Kyiv City Prosecutor’s Office Facebook page
It was found that a commercial entity unlawfully placed funds received from the capital’s budget for the construction of the metro from the «Syrets» station to the residential area of Vinohradar in deposit accounts in a bank. «In this way, they earned interest amounting to over 139 million UAH,» noted the prosecutor’s office. In October 2021, the Kyiv City Prosecutor’s Office filed a lawsuit with the Economic Court of Kyiv in the interests of the state represented by the Kyiv City Council to recover these funds from the contractor on behalf of the capital’s territorial community represented by the Kyiv City Council.
The prosecutor’s office emphasized that the Economic Court fully granted the prosecutor’s lawsuit to recover 139 million UAH for the capital’s budget in 2022. A year later, the Northern Appeals Court upheld this decision.
However, the Supreme Court sent the case for reconsideration. «As a result of the new review, by the decision of the Economic Court of Kyiv dated April 24, 2024, the prosecutor’s lawsuit was fully satisfied and over 139 million UAH was recovered from the contracting organization to the capital’s budget,» noted the prosecutor’s office, emphasizing that the use of budget funds for their intended purpose is a direct obligation of economic entities.
