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Former bank managers charged loan fraud

Investigators with the Office for the Fight Against Corruption, charged former senior managers of the bankrupt Slovenská Kreditná Banka (SKB), Norbert Tenczer and Roman Haščík with credit fraud in the amount of Sk953 million, Pravda wrote.

The investigators also charged three other bank employees who were responsible for making loan decisions.

According to police spokesman Martin Korch, the accused persons extended loans to nine companies in 1999 and 2000. They approved the loans despite the fact that the companies did not meet the conditions required for the granting of the loans.

Police have been investigating the circumstances of the SKB bankruptcy for six years now, however, all of the accused persons remain at large.

So far it is alleged that the accused persons caused Sk2.5 billion worth of damages to the bank.

Compiled by Martina Jurinová from press reports

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