TRIESTE/LJUBLJANA, Feb 4 (Hina) - A legal representative for some Croatian depositors with Ljubljanska Banka has filed a lawsuit with a court in Trieste, Italy for the restitution of deposits frozen in the Slovene bank since 1991, the
Trieste-based daily Il Piccolo says on Monday. Attorney Bozidar Vukasovic is relying on the fact that the bank's branch in the northern Adriatic seaport has not transformed into the New Ljubljanska Banka as in Slovenia but retains the business registration and tax number as before 1991, the newspaper alleges. Around 140,000 Croatian depositors are claiming approximately EUR150 million from Ljubljanska Banka without accrued interest, Il Piccolo says. The bank's branch in the Italian seaport is worth around EUR10 million and has a cash flow of EUR60 million. Slovene Finance Minister Anton Rop has said he believes the lawsuit has no chance of success and o
TRIESTE/LJUBLJANA, Feb 4 (Hina) - A legal representative for some
Croatian depositors with Ljubljanska Banka has filed a lawsuit with
a court in Trieste, Italy for the restitution of deposits frozen in
the Slovene bank since 1991, the Trieste-based daily Il Piccolo
says on Monday.
Attorney Bozidar Vukasovic is relying on the fact that the bank's
branch in the northern Adriatic seaport has not transformed into
the New Ljubljanska Banka as in Slovenia but retains the business
registration and tax number as before 1991, the newspaper alleges.
Around 140,000 Croatian depositors are claiming approximately
EUR150 million from Ljubljanska Banka without accrued interest, Il
Piccolo says. The bank's branch in the Italian seaport is worth
around EUR10 million and has a cash flow of EUR60 million.
Slovene Finance Minister Anton Rop has said he believes the lawsuit
has no chance of success and only represents an attempt to prevent
the privatisation of Slovenia's largest bank and selling a share to
a foreign partner.
"Slovenia has already settled all claims related to foreign
deposits (made at the time of the ex-Yugoslavia), on the
territorial principle, and such lawsuits are simply
inappropriate," Rop told the business daily Finance.
"The business review of Nova Ljubljanska Banka has been carried
out, the legal status is clear. And if there were any claims in
connection with past foreign currency deposits... these claims
wouldn't refer to Nova Ljubljanska Banka but the old Ljubljanska
Banka," the minister said.
(hina) ha sb