Bad bank denies allegations of impropriety in biogas plant sale

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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…

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