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AMBASSADOR SURPRISED BY MANIPULATION OF LJUBLJANSKA BANKA CASE

LJUBLJANA, Jan 9 (Hina) - The Croatian Ambassador to Slovenia, Celestin Sardelic, on Thursday voiced surprise by the newest media manipulation aimed at providing the Slovene public with allegedly new facts about obligations towards depositors of Ljubljanska Banka Zagreb.
LJUBLJANA, Jan 9 (Hina) - The Croatian Ambassador to Slovenia, Celestin Sardelic, on Thursday voiced surprise by the newest media manipulation aimed at providing the Slovene public with allegedly new facts about obligations towards depositors of Ljubljanska Banka Zagreb. #L# Sardelic reacted to claims by the representative of the Slovene government in charge of succession, Rudolf Gabrovec. Gabrovec asserted during prime-time on national television that the bank's depositors were an issue to be dealt with by Croatia, because this was a matter of succession and because Croatia in 1991 had agreed that depositors be paid off according to the territorial principle. Sardelic says that the law on taking over the former federation's laws regulating the area of finances was a public document, and therefore could not have been concealed by Croatia, nor was there any reason to conceal it, until the Slovene television "discovered" it. "The mentioned Croatian law is by content not equal to that of Slovenia, according to which Slovenia had paid off its citizens. Moreover, Gabrovec's interpretation that Croatia had also accepted the territorial principle for Ljubljanska Banka is incorrect. By transferring Ljubljanska Banka's debt into public debt, Croatia only paid off those depositors who accepted this solution," Sardelic said in his statement for the Slovene radio. He added that an enormous number of cases of depositors who continued to have confidence in Ljubljanska Banka remained unsolved, and that they were adamant to have their deposits returned. Sardelic recalled that there were 170,000 such depositors, and their savings, without interest, amount to about EUR150 million. "The most prominent Slovene economic and legal experts have for a long time maintained that Slovenia should have done this (pay off its depositors in Croatia), and even Slovene politicians admit this in one-on-one talks," the ambassador said. Slovenia is trying to buy time to continue negotiations about the bank's debts under the auspices of the Bank for International Settlements in Basel, despite the fact that the talks have failed, he added. (hina) lml sb

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