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Deceived investors will pay compensation in Yakutia - EastRussia | Far East

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Deceived equity holders will be paid compensation in Yakutia

Deceived equity holders will be paid compensation in Yakutia
Photo: pixabay.com

The Supervisory Board of the Foundation for the Protection of the Rights of Citizens-Participants in Shared Construction, chaired by the Deputy Chairman of the Government of Russia Konstantin Chuychenko, Head of the Government Apparatus, decided to pay compensation to victims of unscrupulous developers on 56 problem homes in eight regions of the country. Among them were interest holders from Yakutia.

Compensation will be given to house holders along Petra Alekseeva Street, 68, 1 building. The developer of Simiir LLC was supposed to put the facility into operation in the second quarter of 2017, but did not do so. Now the construction readiness of the house is less than 15%. For this reason, equity holders are easier to receive compensation than to wait for the completion of work.

According to the press service of the Government of Yakutia, legal conflicts became the most serious obstacle to completing the construction of Simiir LLC facilities. According to the court decision, the land plots under residential buildings must be returned by the developer to another legal entity, since he did not pay for them.