Ministry of Economy will order an audit of investments made at airport

The Ministry of Economy and Infrastructure will order an independent audit in relation to the investments and modernization works carried out at the airport by Avia Invest. In a Ministry of Economy press release, it is stated that the minister Vadim Brînzan did not negotiate and did consult with the representatives of the company that took over the airport concession contract.

According to the statement, "on August 19, together with the Prime Minister Maia Sandu, we had a meeting with the representative of NR Investments Limited. The company representative informed us that NR Investments signed a direct purchase agreement for 95% of Avia Invest shares. We were only informed about the intention and the signing of the contract”.

The press release says that the minister informed NR Investments Limited representatives that the airport concession contract was abusive and potentially fraudulent. On August 19, the Ministry of Economy and Infrastructure was informed in a letter from Nathaniel Philip Rothschild, that NR Investments Limited has acquired 95% of the shares of Avia Invest.

"Although the possibility of divesting Avia Invest shares was blocked by the Prosecutor General's Office, NR Investments Ltd directly acquired the Cypriot company Komaksavia Airport Invest Ltd, which holds 95% of Avia Invest shares", the statement said.

The commission for monitoring the concession contract, within the Ministry of Economy, will order an independent audit to be urgently performed in relation to the investments made at the Airport. In this regard, the statement reads as follows: "Together with the new Construction Inspection Service director, we will check the so-called "modernization" works carried out at the Airport".

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