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Sabor binds Privatisation Fund to launch procedure to claim back illegally privatised property

ZAGREB, Dec 15 (Hina) - The Croatian parliament on Thursday bound theCroatian Privatisation Fund (HFP) to launch procedure to claim backproperty acquired illegally in the process of ownership transformationand privatisation.
ZAGREB, Dec 15 (Hina) - The Croatian parliament on Thursday bound the Croatian Privatisation Fund (HFP) to launch procedure to claim back property acquired illegally in the process of ownership transformation and privatisation.

The State Prosecutor's Office and the HFP were entrusted with launching procedure to annul privatisation in cases where this is necessary.

These conclusions were moved by the ruling Croatian Democratic Union (HDZ) and the parliament adopted them after this autumn it wrapped up a lengthy debate on reports by a number of competent bodies on the audit of ownership transformation and privatisation.

The State Prosecutor's Office was entrusted with stepping up work on criminal privatisation cases.

The parliament also passed a law on special pension insurance rights of mine removal experts and a law on humanitarian de-mining, and confirmed a contract on a loan for a project of development of the education system, to be granted by the International Bank for Reconstruction and Development.

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