Spectator on facebook

Spectator on facebook

IN SHORT

Supreme Court upholds Fruni's conviction and prison sentence

THE SUPREME COURT decided on May 30 to uphold the Special Court's decision to convict and give 11.5-year prison sentences to Vladimír Fruni and František Matik, the former owners of the bankrupt pyramid schemes Horizont Slovakia and B.M.G. Invest.

The Special Court found Fruni guilty of illegal business conduct, of violating rules on financial relations, and of fraud on January 10, 2007.

Matik, who was found guilty in absentia of various charges relating to Horizont Slovakia and B.M.G. Invest, is still on the run, and is being hunted by Interpol.

The two unlicensed investment funds concerned went bankrupt in 2002, leaving around 170,000 clients (with 850,000 contracts) out of pocket to the tune of some Sk14.5 billion (€426.2 million).

Top stories

My five-year-old daughter will almost certainly encounter a Weinstein too

It’s not that I thought sexually harassing women was okay, it’s more that I accepted that was just part of how things worked. Unfortunate, yes, but also standard.

Harvey Weinstein

Socialism elections were parody of free vote

After the revolution in 1989 the number of people participating in elections fell from 99 percent to around 60 percent.

Elections during socialism regime.

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between November 17 and November 26, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Lúčnica

Top 3 stories from Last Week in Slovakia Video

Chinese could produce e-cars in Slovakia - PM Robert Fico does not see election defeat - Poliačik leaves the strongest opposition party

PM Robert Fico