Spectator on facebook

Spectator on facebook

BUSINESS BRIEFS

BMG bosses charged with fraud

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. Two of the men - Vladimír Fruni and Marián Šebeščák - were arrested in Croatia last week and are in pre-trial custody. Two yachts and two luxury cars were also impounded. 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.

Top stories

In praise of concrete

It was once notorious for its drab tower blocks and urban crime, but Petržalka now epitomises modern Slovakia.

Petržalka is the epitome of communist-era architecture.

Slow down, fashion

Most people are unaware that buying too many clothes too harms the environment.

In shallow waters, experts are expendable

Mihál says that it is Sulík, the man whom his political opponents mocked for having a calculator for a brain, who “is pulling the party out of liberal waters and towards somewhere completely different”.

Richard Sulík is a man of slang.

Blog: Exploring 20th century military sites in Bratislava

It seems to be the fate of military sites and objects in Bratislava that none of them were ever used for the purposes they were built for - cavernas from WWI, bunkers from WWII, nuclear shelters or the anti-aircraft…

One nuclear shelter with a capacity for several hundred people now serves as a music club with suitable name Subclub (formerly U-club).