Spectator on facebook

Spectator on facebook

BMG bosses charged

Three top representatives of failed savings-and-loan fund BMG have been charged with fraud and illegal business activities, with police saying the firm caused at least Sk16 billion ($330 million) in damages to 170,000 clients. According to the daily paper Sme, the three men – Vladimír Fruni, František Matík and Marián Sebeščák – are in Croatia. Top police sources say blame in the affair rests with the financial crimes police corps, which did not do enough to investigate the business doings of BMG and mother firm Horizont. Police are also investigating a leak that allowed BMG owners to shut their doors and flee the country one day before charges were laid.

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

Top stories

Night life in Bratislava will not end

Councillors for the Old Town adopt new opening hours for pubs, night clubs and restaurants.

Cvernovka's creative talents celebrate first open day at new premises Photo

Bratislava's art and design ateliers from the old yarn-making factory open their doors on May Day.

New premises for Cvernovka

How social networks can earn you a ticket to Germany

Can a status on a social network change someone’s life? Yes, if you write humorous stories about a fictive German ambassador.

Assaf Alassaf (r) talked about his life and his book in Bratislava

New investor to create 500 jobs in Nitra

A company following the Jaguar Land Rover carmaker to Nitra plans to create 500 new jobs and invest €17 million.

Tha Jaguar Land Rover draws also other investors to Nitra.