Fair-Play Alliance: Váhostav’s Moravčík represented shell company

CURRENT CEO of the Váhostav-SK construction company, Marián Moravčík, allegedly also represented the Lomark shell company, to which Váhostav owes money.

Marián Moravčík, CEO of Váhostav-SKMarián Moravčík, CEO of Váhostav-SK (Source: SITA)

The revelation came on the  blog of Peter Kunder from the Fair Play Alliance on the website of Denník N. He cites evidence documents his organisation has acquired.

Construction company Váhostav-SK, currently undergoing restructuring, had originally offered to pay 15 percent of what it owed to unsecured creditors, mostly small and medium sized businesses. After an uproar, the government stepped in, and took action, according to which Váhostav will exchange 49 percent of its shares to pay of debts to unsecured creditors – primarily small-sized firms and the self-employed. However, some of the smaller creditors are said to be shell companies with only fictitious or fraudulent claims.

Read also:Unsecured creditors to get moreRead more 

“The evidence is grave also because Lomark should act as debt collector and debtor at the same time,” Kunder said, as quoted by the TASR newswire. Lomark was elected into the committee of creditors by other creditors as their representative.

The Fair Play Alliance allegedly has a general warrant from 2010, in which Lomark accredits Moravčík to virtually everything, according to full two pages of powers named there.

“Even though Moravčík formally was not a legal representative, he in fact has all such powers – and for an indefinite span of time,” Kunder added. "Thus, it is not absurd at all to ask whether Marián Moravčík opes not act for Lomark even now.”

The evidence is a deceptive hate campaign, Váhostav-SK spokesman Tomáš Halán reacted, as quoted by TASR. Moravčík is seeking a personal apology and correction of the misleading information, while also considering legal steps, he said.

Get daily Slovak news directly to your inbox

Theme: Transport

Read more articles by the topic
This article is also related to other trending topics
Corruption & scandals

Top stories

News digest: Lockdown not out of the question, PM Matovič says

The overview of news from Wednesday, October 21, 2020.

PM Igor Matovič says lockdown is still in play.

A curfew for those who refuse testing? Lawyers and president have doubts

The government risks the Constitutional Court canceling the nationwide testing.

Illustrative stock photo

The cabinet approves plan for permanent kurzarbeit

The new fund is expected to be introduced from 2022.

Labour Minister Milan Krajniak