In Zaporizhzhia, the SBU blocked illegal activity of another private expert firm, which contributed to the artificial undervaluation of municipal land.

Allegedly, the dealers concluded a number of agreements with Zaporizhzhia City Council for building land evaluation. However, the dealers decided to get some additional bonus for their activity: at the request of the buyers, the experts "reduced the price" of land plots by several times, in return they received their percentage of the illegally gained profit.

Thus, the dealers under-valuated the land plot, allocated by the City Council for doing business, almost by two times. These actions resulted in budget losses amounting to more than UAH 2.5 million (USD 90,000).

Currently, the head of the expert was served a notice of the suspicion of excess of authority ( Part 3 of Art. 365-2 of the Criminal Code of Ukraine). The land plot was seized.

In addition, the SBU initiated evaluation of the real value of land plots, previously assessed by the company in the regional center.

Investigation is ongoing. The possible involvement of City Council officials in the illegal activity is being checked.

The operation was conducted jointly with the investigators of the Main Office of the National Police in Zaporizhzhia region under the supervision of the Prosecutor's Office.

To remind, the SBU exposed another "expert firm” in Zaporizhzhia for similar illegal schemes with communal land.