Property of the family of former Minister Stavytskyi is again under arrest

Property of the family of former Minister Stavytskyi is again under arrest

In the years 2012-2013, Eduard Stavytskyi granted LLC "Golden Derrick" 19 special permits for subsoil use without a tender.

The Pecherskyi District Court of Kyiv, at the request of the prosecutor, seized the assets of Eduard Stavytskyi, his wife, and son, reports "Sudovyi Reporter" with reference to the court decision dated November 27.

Previously seized from Stavytskyi were €7,500 and $24,700 USD, a plot of land measuring 5 hectares, and valuables: necklaces, earrings, rings, cufflinks, the breastplate of Saint Catherine, the breastplate of Saint Olha, and others.

The real estate of the wife and son was also seized.

The motion to seize property was submitted to the Pechersk District Court of Kyiv after the Vyshhorodskyi District Court of Kyiv region canceled the seizure of the property of Stavytskyi’s relatives — his wife, son, mother-in-law, and father. This became possible after the court in June 2024 closed the case against Stavytskyi concerning the seizure of the recreational complex "Pushcha-Vodytsia" of the "Mezhyhirya" tract due to the statute of limitations, where former President of Ukraine Viktor Yanukovych arranged his residence.

For the past 10 years, Stavytskyi had been on the wanted list, and investigations against him were conducted in absentia. However, when the issue of releasing him from criminal liability due to the statute of limitations arose, he appeared via video link with the court.

The assets of Stavytskyi, his wife, and son were seized again in a criminal proceeding related to granting LLC "Golden Derrick" 19 special permits for the use of subsoil for geological study with subsequent oil and gas extraction in 2012-2013 without a tender.

This was facilitated by the fact that in 2007, the state enterprise PJSC "NJSC Nadra Ukrayny" under the leadership of Stavytskyi and the Austrian company "Lifo Invest GMBH" created LLC "Golden Derrick" (renamed on October 31, 2017, to LLC "East Europe Petroleum"), whose authorized capital of 33 million UAH was equally divided into two shares of 50% each.

To the authorized capital, PJSC "NJSC Nadra Ukrayny" transferred state property — drilling equipment, wells, primary geological information, valued at an understated amount of 16.9 million UAH.

In 2012, PJSC "NJSC Nadra Ukrayny" transferred part of its corporate rights and "Lifo Invest GMBH" transferred all of their corporate rights to "Heartlog Limited" (Republic of Cyprus).

The law stipulated that a mining permit could be issued without an auction to enterprises where at least 25% of the authorized capital belonged to the state.

According to the investigation, LLC "Golden Derrick" no longer had 25% state shares in its authorized capital, and thus received permits for oil and gas field development illegally.

Stavytskyi, as the former head of PJSC "NJSC Nadra Ukrayny," is a suspect in this criminal proceeding. Media previously linked him to the company LLC "Golden Derrick," which received these special permits.