ZAGREB, April 1 (Hina) - The Croatian government will send a bill to parliament under which a state official having a stake in a company exceeding 0.5 per cent will have to transfer it to another person.
ZAGREB, April 1 (Hina) - The Croatian government will send a bill to
parliament under which a state official having a stake in a company
exceeding 0.5 per cent will have to transfer it to another person.#L#
At a session on Thursday, the government proposed a change to the
present rule that requires a state official to transfer their
management rights to another person if they have 25 per cent of shares
in a company or more.
The final text of amendments to the law preventing conflict of
interest in the performance of public office also contains some new,
more stringent rules.
The list of state officials has been expanded to include the president
of the republic and heads of counties and municipalities and their
deputies.
The new bill also proposes harsher penalties for officials who give
incorrect data in their declaration of assets.
(Hina) vm sb