28 March 2024, Thursday, 14:09
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Hoodwinked Investors Take Svabody Square

Hoodwinked investors of Volyn construction company held a picket next to Minsk city hall on September 3.

More than a hundred families invested money into multi-storey house construction. But it was suspended after a while. Soon it turned out that the company management had been cheating. Volyn high management was arrested, but people had neither their money, nor housing back, Nasha Niva reports.

"We addressed to all the authorities. It gave no result. We were proposed to address to the economic court to sell out Volyn, and the unfinished building, then share money between the first stage of debtors and the rest between investors. Such option, of course, is not brilliant, Siarhei says. His mother invested money and lost everything. - Bureaucrats just want to wash their hands and stay clean. No one wants to lose his position.

"Our main objective is to highlight the problem. We want those guilty to be hold liable. Bureaucrats of the City Executive Committee, who closed their eyes and now block all our addresses and statements, are among them. Valyn management is imprisoned, but bureaucrats worked with them, issued permissions are still on their posts, Siarhei continues. - But we will keep fighting. For example, if we are ignored, we'll come here every day up to October 11."

Andrei Bosik, one of the participants of the picket-2013, invested $72 thousand. He, as well as other investors was promised something in the government, but as a result things are not getting along alright.

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