THE GOVERNOR of the Slovak import-export bank, Ladislav Vaškovič, has been implicated in a fraud that cost the VÚB bank Sk1.285 billion (€31 million), according to the Interior Ministry's chief investigator's department.
In three separate cases loans were made by VÚB to Konsult Real for investments, which were not repaid. Vaškovič was a board member in both companies. Vaškovič believes that this is part of a long-term campaign against him, and says that the loans were paid back early.
Two other officers of VÚB have also been implicated in the case.
19. May 2003 at 0:00 | From press reports of TASR and SITA