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Montenegro

EVERYTHING BY THE BOOK 14. 08. 2013.   >>  17:47 0

EVERYTHING BY THE BOOK

There is no basis for Moiseev’s claims

The former economy minister and a member of the privatization during sales of shares of KAP Branko Vujovic told Antena M, that Russians, as the majority owners brought KAP to bankruptcy and are able to charge just what they get under the law.

"Privatization has been absolutely conducted in line with the regulations of the Montenegro. Their claims related to the balance sheet within company that we challenged with our counterclaim when they start the arbitration procedure, we found that they their requirements were without basis. They had all the information and they were present during signing and execution of the transaction so I think that there is no basis for such a request.  All that aside, after that came the Settlement Agreement, which defines the interrelationships and there is simply no basis for it, it is folly to announce something like that, " Vujovic said.

Moiseev yesterday explained the claims and complaints of falsification of financial statements when selling KAP, and part of documents are in relation to ecology. Vujovic denies this:

"It is not true, because we made the line section at the time of privatization, and it was our responsibility to all claims of pre-privatization and costs related to environmental protection shall be borne by the seller, majority owner, in this case the government. They did not have any costs based on ecology in the period before they entered the KAP. Then the line section was made, the measured values ​​were set in accordance with the regulations, so their claims have no basis at all. "Vujovic explains.

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