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Automatically translated version. May contain inaccuracies compared to the original.
⚡️The land in Kharkiv, allocated free of charge for social housing, was used as collateral for multi-million loans to Denis Paramonov’s businesses, — media.
⭕️The housing cooperative “Aviles”, co-founder of which was Denis Paramonov, received 1,62 hectares of land from the city for the construction of social housing. Later these plots were mortgaged to secure obligations of his affiliated meat business.
⭕️The land became collateral for a loan of $3 million for “Saltivsky Meat Processing Plant”, 31,5 million UAH for “Berdyansk Sausages” and another 37,7 million UAH under an agreement where “Saltivsky Meat Processing Plant” acted as guarantor.
⭕️Thus, the land received free from Kharkiv for social housing effectively secured Paramonov’s businesses’ multi-million obligations.
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