Spectator on facebook

Spectator on facebook

NEWS BRIEFS

Bankers charged with fraud

POLICE investigators revealed that the former managers of Slovenská kreditná banka (SKB) caused at least Sk1.5 billion (€39 million) worth of damage to the bank through their illegal activities.

According to investigators, the bank's managers, Norbert T, Roman H, Branislav G and Igor H, have been charged with making fraudulent loans and of causing the bank's bankruptcy, reported the daily SME.

Interior Minister Vladimír Palko said at a press conference that the bank managers made loans to companies that did almost no business and had no property to use as collateral.

The bank started operating in 1993. In 1999 the volume of the SKB's dubious loans rose by 773 percent year-on-year. One year later the bank went bankrupt.

Top stories

Preparation of young journalists lags

Editors and students complain about the lack of practical training at journalism schools and missing links with the realities of the media market.

International students travel to attend world leading universities. So they did in the past.

Raslavice village creates jobs; constructs wellness centre

By using eurofunds and state aid new Mayor of Raslavice Marek Rakoš thus created some 80 jobs in two years.

Fico: We are ready to discuss the 13th salary

The prime minister also presented reasons why Slovakia should be in the EU core.

PM Robert Fico

Meucci: Italy is not going through a catastrophe

Gabriele Meucci has been serving as the Italian Ambassador to Slovakia since January this year. He says that Slovakia is a haven for Italian investors but recently also for Italians coming here to work.

Italian Ambassador to Slovakia Gabriele Meucci