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Stadium
City

A. Nemunaitis: "BaltCap" is looking for ways to withdraw from the deal regarding the construction of the National Stadium

Made in Vilnius
in 2024 January 30 14:17
4 min. reading
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"BaltCap” intensively looking for ways to get out of the deal for National Stadium construction in Vilnius, asserts Aleksandras Nemunaitis, a member of the capital's municipal council. According to him, the aforementioned company does not receive financing, and the contract for the construction price does not provide for indexation, upon BaltCap's request.

BaltCap is looking for all kinds of ways to get out of the deal. And intensively, and even enough large companies went to apply for a loan to those banks that are mentioned: and "Swedbank", and SEB. They don't get financing, even with the help of other guarantors," A. Nemunaitis said to LRT radio on Tuesday.

"The fact that the mayor and the head of administration received a request to index the price on October 6. and to this day I even have to go to court to demand a copy of the letter that BaltCap applied for, that says a lot too. (…) This is not a contract. Indexation is possible for the contract of contract, indexation is not possible for the concession contract, and indexation is not provided for in the contract," he explained.

However Vilnius city municipalities Linas Kvederavičius, a member of the Freedom faction of the council, emphasized that the contract for the construction of the stadium is not bad and that indexation is provided for in it. He also testified that he had no information that BaltCap wanted to terminate the contract.

"The contract is not bad for the people of Vilnius, because Vilnius does not pay a cent for the stadium until it is built. Everything is within the framework of the contract, insofar as there are provisions in the contract that indexation is possible, BaltCap is trying to take advantage of that circumstance," said L. Kvederavičius.

"So far, I personally have no indication that BaltCap would like to terminate the contract, as a member of the council. If that happens, BaltCap will come out of this game as a loser," he explained.

Prosecutor: the investigation of Š. We commissioned FNTT to carry out the activities of Stepukonis

As a result of thefts from the Baltcap infrastructure fund, Estonian local pension funds were forced to write off millions of euros, Delfi Arileht wrote last week. "Verslo žinios" announced that "Baltcap" filed a lawsuit against its former partner in Lithuania Šarūnas Stepukonis, the gambling company "Olympic Casino Group Baltija" and its shareholder "OB Holding 1" in Estonia, from which they are trying to claim 16,6 million. euros.

Speaking about the investigation on Š. Stepukonis's activities, the prosecutor of the European Public Prosecutor's Office, Gedgaudas Norkūnas, testified that the Financial Crimes Investigation Service (FNTT) has been assigned to conduct it. According to him, the main purpose of the investigation is to determine the possible damage.

"I would not like to give details about this investigation as it is in its early stages. However, it is already clear today that considerable financial damage may have been caused. Today, the investigation is led by the competent European delegated prosecutor Darius Karčinskas, and we recently entrusted the investigation to a specialized institution - the Financial Crimes Investigation Service", said G. Norkūnas.

"The main purpose of the investigation is to determine the possible damage and to try to recover the possibly illegally seized funds as much as possible," he said.

At that time A. Nemunaitis claimed that Š. Stepukonis is currently fighting on a voluntary basis in Ukraine.

ELTA reminds that the private capital fund manager "BaltCap" signed a contract with Š. Stepukouniu terminated last November and immediately turned to the law enforcement after identifying operational violations in managing the finances of the foundation he was managing.

A construction permit was issued for the project of the Vilnius multifunctional complex in Šeškinė at the end of May last year. The construction work of the national stadium - together with the entire multi-purpose complex - should be completed in 2025.

During the current price indexation negotiations, the scope of construction of the National Stadium has been reduced to a minimum. Agnė Grendelė, the head of the company implementing the project "Vilnius multi-functional complex", previously claimed to Elta that 60% of the project has already been completed. pole foundation installation works. It was also announced that about 8,1 million has already been invested in the design of the complex, the preparation of the construction site and the construction works. euros.

Previously, it was considered that the issue of price indexation of the National Stadium could be discussed at the next meeting on January 24. at the upcoming meeting of the Vilnius City Municipality Council, but it did not happen.

Ignas Dobrovolskas (ELTA)

TAGS:NewStadiumVilnius National Stadium
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