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MIL OSI Translation. Region: Russian Federation –

The Prosecutor’s office of Primorsky Krai for several years controlled the situation with a long construction of an apartment building.

2016 state-owned enterprise in Primorsky Krai “Primarrily” erected residential building in the area of “Snow Pad. Complex “D” in Vladivostok with the raising of funds from 300 investors. The commissioning of the house was repeatedly extended.

Adopted a set of measures aimed at protecting the interests of shareholders. To the Director of the Builder prosecutors made representations and warnings. Repeatedly the company’s Director was brought to administrative responsibility.

Earlier, on the initiative of the Prosecutor’s office of Primorsky Krai was adjusted regional legislation that established the regional Fund for the support of defrauded investors, which allowed to attract for the completion of problematic objects of means of the regional budget.

The result of these measures, the allocation of the necessary financial resources, the house completed and currently in operation. 300 shareholders rights restored.

This and other news can be found on the information and communication service of the Prosecutor General of the Russian Federation “ETHER” at: ether.genprok.gov.ru

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure will not be perfect.

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