Kyiv overpaid Brodsky and Shufrich's firm by UAH 36 million.

by Editor • 31.08.2016 • 0 Comments

The firm that assessed the building housing the Kyiv River Port administration doubled the estimated value in favor of a company affiliated with Nestor Shufrich (Read more: Nestor Shufrych: the Transcarpathian shooter is everywhere!) and Mikhail Brodsky (Read more: MIKHAIL BRODSKY - A PROFESSIONAL "SCAMMER"). This became known from the decision of the Svyatoshi District Court.

Brodsky-Shufrich's Kyiv River Port OJSC received UAH 72 million in compensation from the capital's municipal enterprise for the building where the company's office was located.

Later, a commission formed by a court decision determined that the building's market value was not 78 million hryvnia, as estimated by a private appraiser, the Standard firm, but 32 million hryvnia, including VAT.

In court, the director of the Standard company admitted that he had incorrectly applied valuation methods, and had also failed to analyze trends in the property market and had not taken into account information about transactions involving similar property.

The court took into account mitigating circumstances and the defendant's guilty plea, and therefore reduced the Standard company director's sentence to two years of probation. Furthermore, the court ordered the appraiser to compensate the capital's municipal utility company for the 36 million hryvnias it overpaid to Shufrich-Brodsky's firm.

Read more: Nestor Shufrych: the Transcarpathian shooter is everywhere!

MIKHAIL BRODSKY - A PROFESSIONAL "SCAMMER"

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