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Cabinet to scrutinise FNM sale

Finance Minister Brigita Schmognerová said she is determined at a cabinet meeting tomorrow to recommend a decision by the FNM state privatisation agency to sell a stake in the Restitution Investment Fund be overturned. Schmognerová said she feared the consortium buying the stake might use its resulting ownership of tiny shares in renowned firms to cause legal problems and extort money from the state.

Compiled by Tom Nicholson from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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