Kyiv City Council member Vadym Stolar vouched for loans from companies that supplied the State Reserve Fund with 160,63 million hryvnias of substandard diesel fuel. This was reported in a report by Alina Stryzhak on the television program "Nashi Groshi."
In 2011, the company "Imoti Star" (Ukrainian for "Imoti Star") won a State Reserve tender for the supply of diesel fuel worth UAH 11,85 million. The price of one ton of diesel fuel at the time was UAH 118,50, almost 20% higher than the wholesale price. After the Revolution of Dignity in 2014, an inspection revealed that the purchased diesel fuel was of poor quality because it freezes at -10 degrees Celsius, despite being frost-resistant.
In August of this year, the State Reserve won a lawsuit against Imoti Star, forcing the company to replace its entire fuel supply (almost 10 tons) and pay a fine of UAH 23,41 million.
However, it is unlikely that the diesel fuel will be replaced or compensation will be recovered, since Imoti Star's authorized capital is almost 500 times less than the fine, and the company itself is registered at a mass registration address.
In 2011, at the State Reserve auction, Imoti Star's only competitor was Legendas-M LLC, whose employee, Konstantin Sych, was Vadim Stolar's authorized representative during the elections.
Journalists learned of Stolar's close ties to the aforementioned companies from court documents (2014) filed against the bankrupt Cambio Bank, which had been collecting debts from its debtors through the courts. It turned out that Cambio Bank had lent Imoti Star 40 million hryvnias. Omiks-Pharm LLC, owned by Marina Lening, the wife of then-First Deputy Minister of Economic Development and Trade Vadim Kopylov, guaranteed the loan. Vadim Stolar personally served as the second guarantor. Formally, Cambio Bank belonged to the Donetsk businessmen Tardayki, but unofficially, control over it was attributed to the aforementioned former deputy minister, Kopylov.
The court later ordered the seizure of Stolar's estate, but he promptly gifted it to his wife. This house had already been publicized because Kyiv City Council member Vadym Stolar failed to declare it in his declaration.
Journalists discovered that Stolar's entourage had brought in a number of firms to participate in State Reserve procurement, inflating prices when selling and understating them when buying.
Another winner of the State Reserve tender, LLC PKP SKB, is registered at the same address as Imoti Star. This company was supposed to supply fuel worth UAH 42,13 million. A month before the delivery, SKB took out a loan from Cambio Bank for UAH 35,75 million. Vadim Stolar personally vouched for SKB, and his assistant listed himself as the company's founder. Subsequently, it was similarly discovered that SKB's fuel was of poor quality, and in early 2014, a court ordered the company to replace it and fined the supplier UAH 8,43 million.
Another company, Stolitsainvestbud LLC, also sold goods to the State Reserve at inflated prices, and journalists estimate that the state lost over 40 million hryvnias through it. One of its founders was Oksana Barsuk, the wife of Stolar's assistant.
Today, Vadym Stolar is running again for the Kyiv City Council. He was recently unofficially named the supervisor of the Petro Poroshenko-Solidarity Bloc in the Kyiv elections.
P.S. In 2011-2012, the State Reserve signed contracts with Imoti Star for UAH 197,72 million, with Stolitsainvestbud for UAH 178,44 million, and with SKB for UAH 42,13 million.
Based on: НАШі Гроші
Translation: Argument
In topic: Vadim Stolar. The notorious "sneaker"
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