The cancellation of the auction of Odesa Port-Side Plant was rather embarrassing for the Ukrainian government.
Apparently, it's getting even more embarrassing
"Frunze-Flora Ltd. has filed an appeal to Kyiv Economic Court to demand that the UAH 400 million it sent as a bid deposit to participate in the tender to sell OJSC Odesa Port-Side Plant be returned by Ukraine's State Property Fund (SPF).
...
Grigorishin told the Ukrainska Pravda electronic publication that Frunze-Flora had been notified on behalf of the premier that the budget had no money and the bid deposit would be returned if the International Monetary Fund allocates money to Ukraine - if anything remains out of that sum - but this could happen no earlier than in November."
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