According to information acquired by the Sme daily, Slovak Interior Minister Robert Kaliňák on Monday, February 11, confirmed the fine at €55,000 for Privatbanka, owned by the Penta financial group.
The fine was imposed by the intelligence service of the financial police, for violation of the law on money laundering. The bank appealed to the ministry, but Kaliňák confirmed the fine. Privatbanka failed to report to Slovak authorities its unusual financial transactions. Currently, the bank can still appeal to the country’s Supreme Court.
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
12. Feb 2013 at 14:00