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State Property Fund of Ukraine

From Wikipedia, the free encyclopedia

State Property Fund of Ukraine
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State Property Fund of Ukraine is a central body of executive power in Ukraine with special status and being administrated by the Cabinet of Ukraine.[1]

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State Property Fund of Ukraine

Synopsis

The SPFU is responsible to the President of Ukraine. It has 12 regional offices throughout Ukraine and has seven areas of activity:[2]

  • Asset management
  • Privatization
  • Land bank
  • Asset lease
  • Asset evaluation
  • Asset expropriation
  • State registers development and management

History

State Property Fund of Ukraine was established in 1991 according to the Cabinet of Ministers' Resolution N.158 for the purpose of the implementation of the state policy of the privatization of state property.[3] The activities of the Fund is regulated by the "Law on the State Property Fund of Ukraine" adopted in December 2011.[4]

At least two former directors of the State Property Fund committed suicide (Mykhailo Chechetov and Valentyna Semenyuk-Samsonenko) after the events of Euromaidan and after the former President of Ukraine Viktor Yanukovych left the country (in February 2014) and did not return.[5][6][7]

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Directors

References

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