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.

Top stories

My five-year-old daughter will almost certainly encounter a Weinstein too

It’s not that I thought sexually harassing women was okay, it’s more that I accepted that was just part of how things worked. Unfortunate, yes, but also standard.

Harvey Weinstein

Socialism elections were parody of free vote

After the revolution in 1989 the number of people participating in elections fell from 99 percent to around 60 percent.

Elections during socialism regime.

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between November 17 and November 26, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Lúčnica

Top 3 stories from Last Week in Slovakia Video

Chinese could produce e-cars in Slovakia - PM Robert Fico does not see election defeat - Poliačik leaves the strongest opposition party

PM Robert Fico