Blic - Smashing padlocks in Serbia

August 18, 2004

In 2003, Belgrade seed trading company, «Seme» was sold at the auction to the company «Astra simit», a part of Mr. Karic's business empire. Irregularities in the sale appeared from the day one: consulting company «Ces Mecon», headed by Mr. Mirko Cvetkovic, also Director of the Agency for Privatization, states in the company profile that «Seme» operates without losses.

Nevertheless, «Ces Mecon», appraise «Seme» by liquidation method, whereas approximately 20 thousand square meters (business premises in Admirala Geprata Street, spyderwebed labs, land, various buildings across Serbia, Bosnia and Slovenia) were estimated 130, and sold for 132 million dinars – on the average 100 euros per square meter. Although «Astra simit» bought the majority of the share package, 70 %, Agency did not bind the buyer to continue with business line of the company, mearly «to vote for busuness continutity». When asked why, Agency gave no answer, and upon the objection made by Anti-Corruption Council, that former warehouse of «Seme» in Makis was now ocupied by BK television studio and «Mobtel» premises, Agnecy responded that the space was leased under excellent terms. Unsatisfied small share holders from «Seme» objected repeatedly to the process of privatization to former Minister, Mr. Aleksandar Vlahovic, but he refused these objections as unduly, because they were made by unauthorized persons, who did not participate in the auction. The fact that they were share holders protecting their private property did not seem to matter to Ministry and Agency for Privatization. Agency, however, was authorized to protect the intrest of «Ces Mecon», Director Cvetkovic's private company, from the state interest.

In his election campaign, Mr. Bogoljub Karic promises to smash padlocks on the factories in Serbia, but, at the same time, he closes down purchased companies. Workers from the company «Seme» stay out of work under very peculiar circumstances, signing declarations that they do it on a voluntary basis, and renouncing their redundancy payment. It is to be checked why do Serbian workers leave their jobs so willingly and renounce legal right to indemnity. And, it is to be determined who is responsible for the «mistake» made by Agency to change one term of a tipical contract, like privatization contract, moreover, the one prohibiting the buyer to close down «Seme».

President of the Council,
Ms Verica Barac


Warning:

The Anti-Corruption Council web portal takes no responsibility for the content of the published comments. All opinions, suggestions, critics and other attitudes expressed in the comments are personal attitudes of their authors and therefore do not represent the attitudes of the Anti-Corruption Council website editorial.

captcha image
Reload Captcha Image...