4. November 2002 at 09:48

Cabinet says state will no longer pick up Perspektíva bill

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Cabinet has decided the state will no longer cover the debts of the failed insurance house Perspektiva, which crashed in 1999 leaving Sk 2.27 billion ($48 million) in unpaid bills behind it.

Perspektíva’s clients were taken over by the Všeobecná Zdravotná Poisťovňa insurance firm, from which the BHF financial group extracted over Sk250 million in compensation based on a court order.

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Henceforth, Perspektíva’s creditors will only be able to apply for compensation from the firm’s bankruptcy trustees.

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

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