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Tipos debt swells to Sk2.3 billion

According to the contract that the state lottery company Tipos signed with Športka, which recently won a lawsuit accusing Tipos of stealing its know-how, the amount of damages that the state – which is the majority shareholder in Tipos – must pay has already increased from Sk1.9 billion to Sk2.3 billion.

According to the contract that the state lottery company Tipos signed with Športka, which recently won a lawsuit accusing Tipos of stealing its know-how, the amount of damages that the state – which is the majority shareholder in Tipos – must pay has already increased from Sk1.9 billion to Sk2.3 billion.

The reason is that the state did not pay the debt by the end of November, as was required in the contract, Sme wrote.

The contract states that after just a one-day delay, the state became obliged to pay a fine of Sk400 million.

A law that parliament passed last week to address the debt has no affect on this, Sme wrote, but the daily did detail a few situations in which the state could avoid having to pay it. Sme

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

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