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Three face prosecution in Rusko case

IN the case that cost former Economy Minister Pavol Rusko his ministerial post, three people face criminal prosecution on suspicion of corruption, the daily Pravda reported.

The Office for the Fight Against Corruption charged three former representatives of the National Agency for the Development of Small and Medium Sized Businesses (NADSME) with fraud.

The three face jail terms of from five to 12 years, if found guilty.

Former general director of the agency Ľudovít Balco, the deputy chairman of the supervisory board Tomáš H., and secretary Tomáš Š face prosecution for approving the irregular transfer of Sk1.5 billion (€39 million) from the agency to the private company Cassovia BIC.

The money was transferred to Cassovia on August 22 without the approval of the NADSME board.

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

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