Spectator on facebook

Spectator on facebook

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-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: Read also:Unsecured creditors to get 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.

Topic: Transport


This article is also related to other trending topics: Corruption & scandals

Top stories

Námestie Slobody gets facelift Photo

The architectural tender will gather ideas for the redesign of the biggest square in Bratislava

Námestie Slobody will be redesigned into a kind of living room in the city.

When the state can’t keep a secret

A selective leak has tarnished President Kiska’s reputation. But he must continue to speak out about corruption.

President Andrej Kiska

Fundamental values explored at Divadelná Nitra 2017

This time round, the Slovak, European and US ensembles at the theatre festival focus on #fundamentals, i.e. basic values and the essence of all things.

Nature Theatre of Oklahoma: Pursuit of Happiness

Foreign rocket engines for North Korea: Why?

For Russia, the path to a weakened China could be through a major nuclear accident in North Korea.