Investment Insecurity

Posted on


On January 26, 2014, Justice in Kosovo discussed about the investment insecurities in Kosovo.

Bab Club is one of the most frequented clubs in Prishtina but it is built on illegally occupied property.

The property was privatized by Rhevat Sadriaj, who works in real estate and insurance in Switzerland. The land is being occupied by Rrustem Rukooli, owner of Bab Club.

This property is located near the Grand Hotel. Sadriaj’s property is now a business area used by the company “R and Rukolli”, won more a than 5 million euro bid from the municipality of Skenderaj and around 15 million euro from other public authorities.

Rukolli is also coordinator of the security team of the mayor of Skenderaj, Sami Lushtaku, who is in EULEX custody, accused of war crimes.
Sadriaj, a partial owner of the company COEB which bought the property in 2011 from Property Privatization Agency, has no access to his property.

Property Privatization Agency and Mr. Rukolli had a deal which gave Mr. Rukolli the right to use this property till the moment that it was privatized. When it was privatized, AKP informed the holder that the property was sold, said Mr. Ylli Kaloshi, a spokesperson of the AKP. He added that from that moment, SKP had no obligation toward investors to liberate the properties.

If the investors have problems with the properties they can present the case to the court, says Kaloshi.
Sadriaj paid 147,000 euros to buy this property. The whole history began at the platform of Grand Hotel that used to be public property.

The documents of AKP showed that the 3 places where Bab Club was built used to be property of the public enterprise Rilindja.
Sadriaj bought this property in 2011 with a bid of 147 thousand euros. After receiving the ownership papers, Sadriaj visited the property. There he realized that it was being used by Rrustem Rukolli, the owner of “R and Rukolli.”

According to Sadriaj, Rukolli offered to by the place at the same price but Sadriaj refused. After this, Rukolli told Sadriaj that he will have to deal with God. Sadriaj also said that Rukolli refused to pay rent for using the property for 2 years.
“I told him that my Swiss partners don’t want to sell the property, thats why you have to pay the rent, but after this he didn’t answer the phone anymore,” said Sadriaj.

The lawyer of Rukolli Arianit Koci does not deny the possibility that Rukolli offered to buy the place from Sadrijaj.
“It’s possible; there is nothing bad in offering to buy the place. In fact with this offer he recognizes that the property belongs to Sadriaj,” said Koci, juridical representative of Rrustem Rukolli.

Justice in Kosovo reached out to Mr.Rukolli for comment, but he referred them to his lawyer, Mr. Arianit Koci.
Koci said that his client does not know which part of the place is owned by Sadriaj, and that’s why he is waiting for a court decision.

According to the officials of AKP, Rukolli knew precisely where the borders of Rilindja were.

The biggest problem is that Sadriaj’s Swiss partners have started to feel insecure about their investments in Kosovo.

Justice in Kosovo also prepared a short report on legal changes in the Kosovo Chamber of Advocates. From December, 2013, every citizen that chooses a lawyer to protect him or her will know if the lawyer has a criminal background.

The Kosovo Chamber of Advocates decided to publish all the disciplinary decisions for advocates/lawyers.
From the moment that a citizen needs a lawyers, they can look in the Kosovo Chamber of Advocate to see if there is any open disciplinary file for that lawyer.