AKP: Board has recommended suspension of retail waves until the creation of new institutions

The Board of Directors of the Kosovo Privatisation Agency announces the opinion that at its informal meeting held last week, on February 19th, 2021, it has directed the AKP Management not to proceed with retail waves until the establishment of institutions released from the February 14th 2021 elections. AKP, also [...]
The Board of Directors of the Kosovo Privatisation Agency announces the opinion that at its informal meeting held last week, on February 19th, 2021, it has directed the AKP Management not to proceed with retail waves until the establishment of institutions released from the February 14th 2021 elections.
The AKP also wants to make clear that it has been cooperative and has consistently offered support in the continuation of each government's efforts to change the privatisation strategy of enterprises and social property. The AKP has also offered excellent co-operation with the Parliamentary Investigative Commission, responding to all requirements and revealing all required documentation.
In view of government budgetary planning for 2021 and AKP's legal obligations to implement the law in force, the board has considered the possibility of relaunching sales in order to budget revenues be achieved under the Budget Law. However, we reiterate that since last week, in respect to the process of forming new institutions, and with the aim of closely co-ordination with the Parliament and Government, the board has made a decision to suspend the sales waves”, the AKP communiqué says.
The AKP has consistently been open and co-operative with each government, senior central and local institutions officials confirming its legal mandate. This practice will continue in the future as well, respecting in full the legal framework in force and bilateral obligations with relevant institutions.
For the sake of accurate information of public opinion and all interested parties, besides selling socially owned assets, The AKP in its mandate and responsibility also has the management of the 20% payment requirements and procedures for social enterprise workers (about 500,000 benefits so far), the review and handling of credit requirements (about 2.1 billion Euro from internal and external creditors), the meeting with over 25000 social property-related judicial disputes, protection in complicated international arbitrations worth about 30 billion Euros, and the daily management of 591 social companies with about 2300 assets across Kosovo's territory (which are continually endangered by illegalness). The realisation of this legal mandate is a major challenge to public pressure, which in most cases is based on incomplete and non-official information”, said the statement further.
The concept of social property transformation, the Law on the Kosovar Agency for Privatisation, and the privatisation process in the current form are not the products or decisions of the AKP, but of the central institutions of the Republic of Kosovo, specifically the Assembly and Government of the Republic of Kosovo.
The AKP operates on the basis of this legal framework and regularly reports to central institutions on its actions. Therefore, because of the sensitivity of the process, we call on all political and institutional acts to be careful and to refrain from public qualifications based on incomplete information, which are even biased and harmful to the image of an independent constitutional and legal institution, as well as the personal and professional integrity of officials within this institution.
The AKP says it remains open and transparent to share information with anyone interested in the privatisation and social property management process.











