Some of them have increased their outputs considerably
The Assets Management Bureau was founded in Pridnestrovie two and a half years ago. Many citizens of the republic don’t even know about this organization. It was succeeded to preserve many enterprises with its help, including quite large ones. They should have been closed for financial frauds of their former owners. As a result more than one thousand people would have lost their jobs. However instead of becoming bankrupt the enterprises have been nationalized and have increased outputs in general, reports the Perviy Pridnestrovskiy TV channel.
10 enterprises have been returned to the state property altogether. All of them were the customers of the two leading banks. These enterprises took many loans before 2012 badly exceeding their own value. These funds were received from the Pridnestrovian Republican Bank through Sberbank and Businessinvestbank on the enterprises’ accounts then were withdrawn abroad.
So, for example, 11,5 mln USD were transferred to the offshore funds through the Bendery Bread-baking Complex account. 14,5 mln - through The Kamenka Canning Factory. Criminal proceedings were initiated upon these facts in 2012, several businessmen were put on the wanted list, the PRB ex-chairman Oksana Ionova was even imprisoned. But the money is still far outside the republic, the enterprises are still deep in debts, and even the most successful of them cannot pay back such loans.
"These borrowings were transferred to the offshore at once within a week or two. That means transactors had a farsighted aim, i.e. all debt obligations of Gazprombank were adopted by Sberbank. Sberbank is the state bank too; its 100 percent shareholder is the PRB. So the scheme is absolutely criminal, i.e. the enterprises’ compulsory bankruptcy was triggered for a personal gain," - the head of the CSS (the Committee for State Security or "KGB") Economic Counter-Intelligence Directorate Igor Rodionov told.
"One of our banks, for instance, gave some loans of more than 10 mln USD to three individuals. The warehouse income receipts of the Bendery Bread-baking Complex were provided as "confirmation" of money allegedly made from selling the wheat. Surely, there was no any wheat. The money was found in the offshore companies after the deep investigation, it was impossible to take them back from there," – the PRB chairman Eduard Kosowski explained.
The Bendery Bread-baking Complex was used in several get-rich-quick schemes at once. For example, the former director reassigned the enterprise ownership to himself and sold it. On top of that, the shares were sold to one person, and property – to another. So, he earned twice on the sale of not his own plant. The loss only from this bargain was 2 mln rubles.
"The shares were simply renewed after the false documents of foreign countries’ citizens. Notably that the Bendery Bread-baking Complex’s shares were titled in the Republic of Moldova citizen who had no concern to this business. Various novation agreements for the unknown offshore companies were concluded at the same time ," - the head of the CSS Economic Counter-Intelligence Directorate Igor Rodionov emphasized.
As a result of 2010-2012 financial frauds the general damage to the state economy is about 850 million rubles.
In order that the nationalized enterprises began working, the experts remark, it was necessary to solve the problems of their debts and in many cases the technical problems of production. So the Assets Management Bureau was created to solve such problems two and a half years ago.
