Bad bank denies allegations of impropriety in biogas plant sale

Several hundred euro banknotes stacked by value. Euro money concept. Rolls Euro banknotes. Euro currency. Announced cancellation of five hundred euro banknotes. Banknotes stacked on each other in different positions. Toned photo.

Ljubljana – The Bank Assets Management Company (BAMC) has denied media allegations that its current chairman has been involved in a conflict of interest in the sale a biogas plant, saying the decision to sell was taken before his time at the bad bank. It also said it had made a profit in the process unlike what media reports suggested. Referring to a report suggesting the bad bank sold a biogas plant in eastern Slovenia for only a third of the price it had paid for it, BAMC said on…

For FREE further reading please JUST enter your email address

I allow to collect my email data for analytics and email campaign