Port of Belgrade sale scrutinized
A report is questioning the sale of a 40-percent stake in the Port of Belgrade company.
Wednesday, 27.02.2008.
16:11
A report is questioning the sale of a 40-percent stake in the Port of Belgrade company. The September 2005 acquisition by Luxembourg-based Worldfin, cost the state at least EUR 21mn, the report claims. Port of Belgrade sale scrutinized Chairwoman of the government’s Anti-Corruption Commision Verica Barac says that the state has been "seriously harmed by the privatization of the Port of Belgrade and that such a privatization allowed a monopoly". According to the commission, the EUR 21mn figure is the difference between the estimated value of stocks of the port, and the paid price. The purchase price was RSD 800 per share, while the estimated value was at RSD 1,774.
Port of Belgrade sale scrutinized
Chairwoman of the government’s Anti-Corruption Commision Verica Barać says that the state has been "seriously harmed by the privatization of the Port of Belgrade and that such a privatization allowed a monopoly".According to the commission, the EUR 21mn figure is the difference between the estimated value of stocks of the port, and the paid price.
The purchase price was RSD 800 per share, while the estimated value was at RSD 1,774.
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