Spectator on facebook

Spectator on facebook

Sk200 million of highway money siphoned off

POLICE have charged nine people in a scandal involving the siphoning off of Sk200 million (€5 million) earmarked for the construction of highways, the Pravda daily reported.

According to the police, several former managers from the
construction company Hydrostav, including Alexander Hulman, the former head of the firm's supervisory board, are due to face prosecution for the scam.

Hulman and another accused, however, are currently out of the country. It is not clear whether police know of their whereabouts.

According to Pravda, Hulman secured the money from funds that were paid for the construction of a stretch of highway between Ladce and Sverepec. Apparently the funds went not into Hydrostav's account but into the account of a firm based in Trenčín. The siphoning off of the funds took place between December 2001 and April 2002.

Police also discovered that Sk44 million (€1.1 million) was siphoned off during the construction of the Branisko tunnel in Eastern Slovakia.

Compiled by Martina Jurinová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

We were on the run, but we were welcomed Photo

Slovak-Swiss writer Irena Brežná was forced to emigrate but found a way to fill her life with meaning in a foreign land.

Irena Brežná arrives to Switzerland.

Growing popularity of domestic food increases food fraud

Food inspections found 9.4 percent irregularities in six months

Our emigrants’ stories: lessons in humanity

Slovaks who fled the 1968 occupation tell us what it means to be a refugee.

Pictures from The Gift pantomime show. Milan Sladek wrote it in the Swedish Goteborg in 1969 as a metaphor of Czechoslovakia's cohabitation with the Soviet Union.

Last Week in Slovakia: This could be the hottest summer Audio

Listen to all the headlines from the last week.

Escaping the heat in the city