The governor of the Slovak import-export bank, Ladislav Vaškovič, has been implicated in a fraud, which cost the Všeobecná úverová banka (VÚB) Sk1.285 billion (€31 million), according to the Interior Ministry's chief investigator's department.
In three separate cases loans made by VÚB to Konsult Real for investments, which were not repaid. Vaškovič was a board member of both companies. Vaškovič believes that this is part of a long-term campaign against him, and that the loans were paid back early.
Two other officers of VÚB have also been implicated in the case.
Compiled by Conrad Toft from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
12. May 2003 at 9:47