Spectator on facebook

Spectator on facebook

Former boss of Drukos sentenced to 8.5 years in prison

The Specialised Criminal Court in Pezinok on Tuesday, May 3, sentenced the former boss of non-banking company Drukos, František Mojžiš, to eight and a half years in prison. In its verdict the court convicted him of accepting in Sk237.7 million (€7.89 million) from 1,367 clients of Drukos, and Sk3.729 billion (€123.78 million) from 23,823 members of the BVD co-operative association between 1999 and 2002.

The Specialised Criminal Court in Pezinok on Tuesday, May 3, sentenced the former boss of non-banking company Drukos, František Mojžiš, to eight and a half years in prison. In its verdict the court convicted him of accepting in Sk237.7 million (€7.89 million) from 1,367 clients of Drukos, and Sk3.729 billion (€123.78 million) from 23,823 members of the BVD co-operative association between 1999 and 2002.

The court concluded that Mojžiš abused people's trust, their lack of experience and, moreover, he used deceptive advertising in which Drukos promised interest rates of 15-31 percent. The court determined that Mojžiš knew in advance that he wouldn't be able to fulfil the ensuing financial obligations, the TASR newswire wrote. Mojžiš, 53, who was using the money to underwrite business ventures such as Drukos Leasing, said in his defence that he would have met his obligations if the state had not intervened. He has appealed the verdict, so the case is now due to go to the Supreme Court.

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

LGBTI people in the regions: We change people’s minds

Bratislava will dress up in rainbow colours this August again, for the seventh time. This will be for the Bratislava Dúhový Pride diversity festival. But the colours of the rainbow are less bright in the regions,…

Slovakia’s LGBTI community seeks to expand their rights.

Things that make us different also make us stronger

On August 19, a rainbow flag will fly over the US Embassy in Bratislava to represent the firm commitment of the United States to defending the human rights of LGBTI people, writes Ambassador Sterling.

The rainbow flag flew over the US Embassy in Bratislava in 2016.

Blog: 5 things you should do on your visit to the north of Slovakia Photo

Here is a list of tips by an experienced tour guide - including things you have probably not tried before.

Bratislava growing high Photo

High-rise buildings sprouting up in Bratislava

Visualisation of the future skyline of Bratislava