Medvedchuk’s land and real estate are put up for sale on Prozorro: a manager is being sought
14 January 05:17
The Asset Recovery and Management Agency (ARMA) has put Viktor Medvedchuk’s property on the Prozorro platform to find a manager. This was reported by the press service of the ARMA, Komersant ukrainskyi reports
The property belonging to Putin’s godfather Viktor Medvedchuk has already been published on the Prozorro platform.
The properties include three apartments, a residential and non-residential building, and a land plot.
Non-residential real estate “Investment Company Sport-Tour”, located in Kyiv, was arrested and transferred to the management of the ARMA by the decision of the Pechersk District Court of Kyiv.”
It is noted that ARMA held a tender and selected an appraiser for Medvedchuk’s seized property. It was Business Consulting, which conducted an independent valuation of the assets and determined their total value at UAH 148.6 million.
Search for a manager: terms of the tender
The tender to select a manager of Medvedchuk’s assets will be held through the Prozorro public procurement system. All interested participants who meet the qualification requirements can submit their proposals for managing the seized asset, including foreign businesses.
In addition to monthly interest on the proceeds, the draft contract with the future manager provides for a minimum monthly guarantee payment. This payment must be paid by the manager from its own funds in case of absence or insufficiency of income from asset management.
The newly elected manager will pay all management fees directly to the state budget of Ukraine.
Among the seized Medvedchuk’s real estate assets transferred to ARMA are:
▪️Житловий a house with a total area of 731.6 square meters and a land plot with a total area of 0.0775 hectares on the banks of the Dnipro River, overlooking Obolonska embankment.
▪️Нежитловий house with a total area of 877.9 sq. m. in Shevchenkivskyi district of Kyiv.
▪️Квартира, with a total area of 98.7 sq. m., in Desnianskyi district of Kyiv
▪️2 apartments with a total area of 51.2 square meters and 69.1 square meters in Obolon district of Kyiv.

The court blocked the sale of assets, including items already sold through Prozorro.Sale: a Maybach car, watches, paintings, ATVs and buggies worth over UAH 10.2 million.
The prohibition was justified by the possible risks of alienation and reduction in the value of assets owned by the defendants or their related companies. The court believes that the sale of these assets may make it impossible to enforce the court decision if the claims for their recovery to the state are satisfied.
At the same time, ARMA has already sold part of this property, and the proceeds were transferred to the state budget of Ukraine. However, the HACC decision calls into question the legality of such procedures in the Prozorro. Sale and undermines confidence in the transparent management of seized assets.
The agency has already suspended all active auctions to ensure the enforcement of the court decision and is preparing to appeal the ruling in the appellate instance.
Medvedchuk’s arrest
On April 12, 2022, Medvedchuk himself was arrested as a result of a special operation by the SBU. He is a defendant in several criminal cases of high treason and economic crimes.
on September 21, Viktor Medvedchuk was exchanged for Ukrainian soldiers held by Russia. As a result, 215 Ukrainian defenders were returned from captivity.