Spectator on facebook

Spectator on facebook

Justice Ministry proposes registry of shady corporate leaders

A new law being drafted by the Justice Ministry would establish a registry of corporate leaders that led their companies into bankruptcy, the TASR newswire was told by ministry spokesman Michal Jurči on July 28.

A new law being drafted by the Justice Ministry would establish a registry of corporate leaders that led their companies into bankruptcy, the TASR newswire was told by ministry spokesman Michal Jurči on July 28.

"Skilfull lawyers and economists are able to arrange a successful crash in order to make it look as though nobody was responsible. At the same time, salaries aren't paid, and suppliers don't receive money for services already carried out," reads a statement from Justice Minister Štefan Harabin.

Harabin said the public would be able to use the registry to find names of corporate figures who acted dishonestly in the past.

"It will usually concern companies that have announced bankruptcy, and whose statutory representatives have conducted illegal actions ... violated their obligations, when submitting financial statements, for example, or committed crimes when setting up, managing or liquidating a company.”

The ministry is set to submit the draft for comments in August. TASR

Compiled by Zuzana Vilikovská 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

Slovakia is the first country to test a new VAT refund app

Getting money back for buying souvenirs in Slovakia will be easier - there will be an app.

Illustrative Stock Photo

Prosecution has found errancies in criminal files related to self-employed farmers

General prosecutor feels that some prosecutors in the east of Slovakia follow their own conscience and opinion and not valid legislation.

General prosecutor Jaromír Čižnár

Begin afresh

I’m not sure if there is a typical Canadian way to get married.

Homophobic banners attributed to Ján Mrva give rise to criminal complaint

The Bratislava Mayoral candidate denies being behind the banners but has not condemned the contents argues NGO.

Ján Mrva