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Amur Region ends with deceived equity holders - EastRussia | Far East

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In the Amur region put an end to deceived equity holders

In the Amur region put an end to deceived equity holders
Photo: pixabay.com

All residents of the Amur Region, who are on the list of deceived equity holders, received material compensation. This was reported on the website of the government of the Amur region. Of the 413 who applied for help, 381 people entered the registry.

Back in 2017, six developers in the region were recognized as problematic. In respect of five of them, bankruptcy proceedings began. The authorities divided the defrauded real estate investors into four phases and first paid compensation to families without housing, with two or more children and a mortgage.

In total, 379 million rubles were allocated from the regional budget for payments. Now the government is trying to resolve the issue with those equity holders who were unable to file documents for compensation on time. In addition, investors are ready to transfer land for construction without bidding, in the event that 10% of the living space will be given to previously deceived equity holders.