Avia Invest assets’ takeover cannot take place if it affects state interests, deputy

The report on Chisinau International Airport concession, to be presented at the beginning of September, will be accompanied by conclusions and recommendations regarding the cancellation of the contract or its termination, if all the data necessary for this action will be available. This is the statement of the chairman of the Parliamentary Committee of Inquiry for the analysis of the way of organizing and conducting the privatization and concession of public property during 2013-2019, Igor Munteanu, IPN reports.

On Friday, August 23, at a press briefing, the deputy said that the acquisition of Avia Invest assets, a company in charge of airport management, by any foreign financial group could not take place if it affected the state interests. "The latest actions taken by Şor group and company create new aggravating circumstances and risks of operating the airport, which raises doubts about the good faith of businessmen behind this transaction," Igor Munteanu specified.

Igor Munteanu reiterated that on August 12 he notified the General Prosecutor's Office and the National Anticorruption Center about possible illicit actions at the time of concession of the Chisinau International Airport, but in the meantime no one reacted. According to the deputy, measures that were required to be taken following the notification included the seizure of the concessional property in 2013.

Igor Munteanu states that the investigation is not completed, but the analysis made so far indicates serious violations of laws and procedures concerning privatization, concessions and private public partnerships.

NR Investments Ltd, a real estate investment firm, founded in 2007 and registered in the Channel Islands, confirmed, on August 19, the acquisition of 95% of Avia Invest company, a concessionaire of Chisinau International Airport.

Chisinau International Airport’s operations and management were transferred to Avia Invest in November 2013, based on a public-private partnership. The concession company has committed to manage the airport for 49 years and to invest in its modernization 250 million euros.

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