Sunday, December 4, 2022

Media: Head of State Property Fund resigns

by Toma IstominaNovember 16, 2021 9:10 pm
(Dmitry Sennychenko/Facebook)

Dmytro Sennychenko, the head of State Property Fund of Ukraine, has resigned on Nov. 16, several Ukrainian media outlets reported, citing their sources.

According to Ekonomichna Pravda, the reason for his resignation was the scandalous sale of the machine-building plant Bilshovyk standing on a 35-hectare land plot in Kyiv. The plant was sold through an auction with only three bidders on Oct. 27. Ukrainian tycoon and former politician Vasyl Khmelnytsky and his business partners bought Bilshovyk for a mere $53 million, at least three times less than the market price, according to experts.

U.S. Secretary of State Antony Blinken praised Sennychenko in his video address to the attendees of the Ukraine Reform conference in Vilnius in July 2021. Blinken called Sennychenko an exemplary official for reporting a bribe offer.

Toma Istomina
Toma Istomina
Deputy chief editor

Toma Istomina is the deputy chief editor of the Kyiv Independent. She previously worked for the Kyiv Post from 2017-2021, first as a staff writer, later taking editor roles. For co-founding the Kyiv Independent, Toma was selected as one of the Forbes 30 Under 30 Europe in 2022. She holds a master’s in international broadcasting from Taras Shevchenko University.

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