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IDS FOR COMMISSION TO PROBE INTO 'PLAVA LAGUNA' TOURIST COMPANY

ZAGREB, March 15 (Hina) - The Istrian Democratic Assembly (IDS) has suggested the formation of a parliamentary commission of inquiry to probe the legality of the acquisition and sale of shares of Plava Laguna, a hotel-chain company from the northern port of Porec. IDS MP Damir Kajin suspects money from Croatia was laundered in the process. Kajin explained that, according to the Law on Money Laundering, every transaction exceeding 105,000 kuna should be probed. This has not been done in the case of the Porec-based company even though the amount at hand revolves around some US$80 million. The parliamentary commission should also inspect whether the Luksic Group legally bought Plava Laguna shares from a Privredna Banka Zagreb portfolio. The IDS initiative was signed by 22 MPs, and could be discussed by parliament at its next session.(hina) ha jn
ZAGREB, March 15 (Hina) - The Istrian Democratic Assembly (IDS) has suggested the formation of a parliamentary commission of inquiry to probe the legality of the acquisition and sale of shares of Plava Laguna, a hotel-chain company from the northern port of Porec. IDS MP Damir Kajin suspects money from Croatia was laundered in the process. Kajin explained that, according to the Law on Money Laundering, every transaction exceeding 105,000 kuna should be probed. This has not been done in the case of the Porec-based company even though the amount at hand revolves around some US$80 million. The parliamentary commission should also inspect whether the Luksic Group legally bought Plava Laguna shares from a Privredna Banka Zagreb portfolio. The IDS initiative was signed by 22 MPs, and could be discussed by parliament at its next session. (hina) ha jn

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