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2016 February 12   15:44

Primorje prosecutor says stealing of MS Georg Ots reveals imperfection of state property legislation

Illegal disposition of publicly owned MS Georg Ots has revealed imperfection of state property legislation in the Primorsky Territory, Primorje prosecutor Sergei Besschasny says. According to the press center of the regional government, state authorities of the Primorsky Territory and the prosecutor’s office have developed proposals on improving the efficiency of managing the publicly owned property.

The measures include obligatory insurance of rented out state property facilities and approval by the Legislative Assembly of concession agreements on regional property costing more than RUB 10 mln.

“Regional Parliament should discuss these and other amendments into the regional law on property management,” he said.

Former Director of Technomorin LLC suspected of stealing MS Georg Ots was taken into custody in April 2015. In 2012 the ship was rented to Technomorin LLC who sailed it to China and illegally sold it to be scrapped.

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