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SDP urges vote of no confidence in deputy prime minister over hotel chain case

Izvor: HINA
ZAGREB, March 23 (Hina) - The Social Democratic Party (SDP) will urgethe parliament to give a vote of no confidence in Deputy PrimeMinister Damir Polancec whom the party holds responsible for favouringtwo holding companies in a deal on the sale of the controllinginterest in the Liburnia Riviera Hotel chain, SDP leader Ivica Racantold reporters on Thursday.
ZAGREB, March 23 (Hina) - The Social Democratic Party (SDP) will urge the parliament to give a vote of no confidence in Deputy Prime Minister Damir Polancec whom the party holds responsible for favouring two holding companies in a deal on the sale of the controlling interest in the Liburnia Riviera Hotel chain, SDP leader Ivica Racan told reporters on Thursday.

Racan said that Polancec had ignored an independent decision which estimated the value of the deal at 554 million kuna and reached agreement with the two companies on a price of 1.238 billion kuna.

Although the government has walked out of the deal after the media learned of the case, the SDP believes that the government will have to pay the two companies the difference of 700 million kuna sooner or later, Racan said.

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