CALL FOR ABOLISHMENT OF ACI SUPERVISORY BOARD

CALL FOR ABOLISHMENT OF ACI SUPERVISORY BOARD ZAGREB, August 2 (Hina)- The Croatian Privatisation Fund (HFP) on Thursday requested of the Commercial Court in Rijeka to abolish the Supervisory Board (NO) of ACI, the state-owned company in charge of Croatia's marinas, the government reported on Friday. #L# The Privatisation Fund as the owner of ACI requested the commercial court in Rijeka to abolish the ACI Supervisory Board. Sources from the court indicated that a decision could be made during the day already. With that the problem of ACI could be presented to the Government at its next session. This would be followed by a decision to call for the ACI general assembly so that the Government can propose a new Supervisory Board. The government wishes to stop the "sad circus" surrounding ACI in the midst of the tourist season, government sources reported. The problems surrounding ACI culminated last week and the company currently has two presidents of the managing board and two presidents of the supervisory board. Sources from the government reported that party interests were not relevant in this case but a conflict of varying development concepts where one supports the development of marinas while the other considers that ACI is not necessary at all. Government sources added that events surrounding the company are the result of varying ambitions in ACI and the inability to run the company to the benefit of Croatian economic interests. (hina) sp