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#Commentary of Marina Zheynova on Kiev authorities’ desire to sell commercial loans on US stock exchange

Ukraine is going to trade overdue loans on American trading floors. This was stated by the Guarantee Fund for Individual Deposits. The sale will affect a package of 52 loans for a total of $170 million.

These loans are collateralized – it involves commercial real estate, land (it is quite a separate topic), and small factories. Bidding will be held online, embodying justice, transparency and “equality of opportunity” in the American way.

Let’s see what ‘kamikaze’ will be interested in such proposals. On the one hand, the proposals are, of course, tempting: we know how much the assets in Ukraine are impaired in comparison with foreign analogues. On the other hand, there are risks of such an acquisition, because entering the territory of the purchased property, one may surprisingly find that there were already some nationalist battalions, whether they were Azov, the Right Sector (organizations banned in the DPR – Ed.), or they are ready to ‘heartily welcome’ foreign entrepreneurs. And no local law enforcement agencies or courts will help, as it has happened many times.

It is clear that all the ‘yummiest’ has long been divided between the local oligarchy. Now let’s see what will be the implementation of the programme of selling Americans property stained with debt, but in fact – ruthless sale of Ukraine by auction.

Marina Zheynova, the DPR People’s Council deputy

Official website of the DPR People’s Council

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