MOSTAR'S ELECTRICITY COMPANY COMMENTS ON CLAIMS BY OHR

MOSTAR, March 5 (Hina) - The electricity company Croatian community of Herceg Bosna compiled with laws while conducting its business and the company's officials call on all relevant state institutions to audit the business operations of the company and establish if there were any criminal activities there, the head of the Director's Office of the company, Marko Loncar, told a press conference on Wednesday. #L# He made these statements after the Office of the High Representative (OHR) in Sarajevo and Mostar reported on the dire financial state and criminal activities in that company. Loncar admitted that there had been some irregularities in the business operations of the company but he did not agree with the OHR's audit report. Loncar admitted that during a transitional period, the company, as he said, financed certain institutions in Herceg Bosna but he denied allegations that the company had financially assisted in attempts to set up that the Bosnian Croat self-rule years ago. Responding to questions by reporters, Loncar said the company did not serve as a bank for the Croatian Democratic Union (HDZ) in Bosnia and no donations were made to that party but that the company had helped some important institutions like the Mostar University, Croatian Radio Herceg Bosna, Habena (former news agency) and an institute for education. (hina) sp ms sb