Spectator on facebook

Spectator on facebook

Senior highway company officials fined for taking out insurance contracts

Two senior officials of the state-run National Highway Company (NDS), Milan Gajdoš and Daniel Mak, have been fined one year's salary. The Parliamentary Committee on Conflicts of Interest unanimously approved the fine of twelve times their monthly salary on May 23, the SITA newswire wrote.

Two senior officials of the state-run National Highway Company (NDS), Milan Gajdoš and Daniel Mak, have been fined one year's salary. The Parliamentary Committee on Conflicts of Interest unanimously approved the fine of twelve times their monthly salary on May 23, the SITA newswire wrote.

In June 2012, the NDS' senior management agreed to take out 3-year directors' liability insurance policy costing €1 million. The policy was paid for using taxpayer funds, which the MPs decided was inappropriate.

“The most absurd aspect of the contract is that if we fine them, the fine becomes an insurance event and the insurance company will pay it for them,” committee chairman Miroslav Beblavý (SDKU) said in February.

Beblavý said the committee's decision was a positive move as it was its first-ever resolution on such a matter. Beblavý pointed out that another state-run company, Vodohospodárska Výstavba, recently insured itself and its managers with the same insurance company as NDS. However, the insurance policies covering the directors are paid for from the salaries of the managers concerned.

Source: SITA

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

Top stories

Slovakia remains unknown in convention business

Ten MICE events in 2017 should bring almost €6.5 million to Bratislava.

The GLOBSEC security forum is one of the regular MICE events in Slovakia since 2005.

Kotleba should be defeated in election, not banned

More constitutional can be less democratic, and it is not clear that it always has the intended result. Perhaps the clearest historical case came with the rise of the Nazis in Germany.

Marian Kotleba

Slovakia to leave NATO is a hoax

The Slovak Spectator brings you a selection of hoaxes that appeared over the past week.

Some peple gathered at Slavin in Bratislava brought ani-NATO banners.

Fico: We cannot allow multi-speed EU to become divisive Video

Final session of the 12th edition of Globsec 2017 featured Slovak PM Robert Fico, Czech PM Bohuslav Sobotka, and President of the European Council, Donald Tusk, in a panel entitled European (Dis)Union?

Donald Tusk, Robert Fico, and Bohuslav Sobotka (left to right)