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

Mika: Security in Bratislava’s very centre has become an issue

Former top media manager Václav Mika believes experiences from running the public-service broadcaster can be useful in running the capital.

Václav Mika

Controversial businessman Kočner charged in Five Star Residence case

The businessman suspected of ties to top politicians has been accused in the case of dubiously transferred flats in a famous housing complex in Bratislava.

Five Star Residence

Blog: Beyond “The Invisible”

Journalist Anca Dragu urges foreigners to make politicians care by casting their votes in the upcoming municipal elections on November 10.

Regional election 2017

Meet Slovakia’s expert on cryptocurrencies. He is 18

The Duke of Edinburgh programme helped me learn how to do things regularly and gave me great experience, said Mário Havel in an interview with The Slovak Spectator.

Mário Havel