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Devín investigation finished

Police have completed an investigation of failed financial house Devín Banka and are preparing to lay charges against several unidentified people.

Devín collapsed in September 2001 after being bailed out several times by the Dzurinda government, despite evidence it had falsified its bank reports to the central bank.

With over Sk11 billion ($262 million) in deposits, Devín was the largest of five banks to crash during the Dzurinda cabinet’s 1998-2002 tenure.

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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