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The ribbon was cut, but the water did not flow. The “Morshynska” tender at 0.01%, a cyberattack that never happened, and three court cases ahead

Pavlo Velykorechanin, PhD in Law, Attorney, Specialist in Public Administration and Management of Seized Assets, Deputy Head of ARMA (2023–2025)

The ribbon was cut, but the water did not flow. The “Morshynska” tender at 0.01%, a cyberattack that never happened, and three court cases ahead

The selection of a manager for the "Morshynska" project by ARMA's first major achievement in the past year, but the details reveal a flawed process. A contract that doesn't exist, legal challenges, and remuneration that no one would accept led to a competitor offering significantly higher fees. The agency held an auction to choose a manager, with five applications and three rounds of bidding, ultimately awarding it to a company offering just 0.01 percent.

Critics argue that the remuneration is so low that it's economically unsustainable. Additionally, the asset itself cannot be transferred, as the ruling only grants corporate rights, trademarks, and industrial designs, not real estate, equipment, or funds. Furthermore, the asset valuation has expired, and a lawsuit by the Ministry of Justice threatens to take away the corporate rights entirely. The agency is also facing a cyberattack investigation, adding to the complications of the tender.

Written by urgent.news from Interfax-Ukraine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at en.interfax.com.ua →

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