Spectator on facebook

Spectator on facebook

Former management of state health insurer suspected of cooking books

The former management of Slovakia's state-run and largest health insurer Všeobecná Zdravotná Poisťovňa (VšZP) is suspected of having falsified the company's accounting to improve its results in 2007, 2008 and 2009 by more than €50 million. The current management, led by General Manager Marián Faktor, has therefore decided to file a criminal complaint over the issue. VšZP on Tuesday, March 29, asked their lawyers to take steps in the case.

The former management of Slovakia's state-run and largest health insurer Všeobecná Zdravotná Poisťovňa (VšZP) is suspected of having falsified the company's accounting to improve its results in 2007, 2008 and 2009 by more than €50 million. The current management, led by General Manager Marián Faktor, has therefore decided to file a criminal complaint over the issue. VšZP on Tuesday, March 29, asked their lawyers to take steps in the case.

"Audits in accounting between 2007 and 2009 have reported non-substantive rectifying items in the 2007 accounting period," Health Minister Ivan Uhliarik informed the TASR newswire, stating that VšZP was at that time using overblown figures in its bookkeeping. According to Faktor, thanks to new measures introduced by the new VšZP management the insurer's accounts had been balanced in early 2011, something which has also been confirmed by audits run by the Bureau for Healthcare Supervision.

Source: 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