You're reading: Yatseniuk again pushes for moratorium on privatization

Leader of the Front for Change [Front Zmin] public initiative Arseniy Yatseniuk is confident there is the need to ban the privatization of state property amid the crisis.

He said this at a briefing in Ternopil on Tuesday
while commenting on the outcome of the privatization of Odesa Port-Side
Chemical Plant, the Front for Change press service reported.

Yatseniuk says he considers the plant’s
privatization to be part of the political struggle, in particular, one
of the ways to get money for the presidential election. “Today
everything goes for a song. And that money will be used to close budget
gaps pending the election.”

Yatseniuk mentioned the experience with
Kryvorizhstal steel mill’s privatization. “Some $4 billon [earned from
the sale of the mill] melted away within three months. And now nobody
can find this $4 billion. Furthermore, there is no longer the plant
which brought billions of dollars every year,” he said.