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CRO. PARLIAMENT: ALL PRO PRIVATISATION AUDITING, DIFFER IN APPROACH

ZAGREB, June 21 (Hina) - All MPs in the Croatian parliament's House of Representatives agreed on Wednesday a privatisation audit was necessary. Some MPs believe the audit should cover all former socially-owned enterprises, as motioned by the Croatian Democratic Union (HDZ), while others believe the audit should be carried out in enterprises suspected to have been privatised illegally, as motioned by the government. Ivan Ninic said on behalf of the Social Democratic Party bench the government motion was better than HDZ's because the audit should cover not only the ownership transformation in socially-owned enterprises, but also the privatisation of banks, insurance companies, state-rehabiliated companies, privatisation which resulted from the transformation of claims into ownership shares, and the exchange of shares between state institutions. Ninic applauded a government motion
ZAGREB, June 21 (Hina) - All MPs in the Croatian parliament's House of Representatives agreed on Wednesday a privatisation audit was necessary. Some MPs believe the audit should cover all former socially-owned enterprises, as motioned by the Croatian Democratic Union (HDZ), while others believe the audit should be carried out in enterprises suspected to have been privatised illegally, as motioned by the government. Ivan Ninic said on behalf of the Social Democratic Party bench the government motion was better than HDZ's because the audit should cover not only the ownership transformation in socially-owned enterprises, but also the privatisation of banks, insurance companies, state-rehabiliated companies, privatisation which resulted from the transformation of claims into ownership shares, and the exchange of shares between state institutions. Ninic applauded a government motion that an audit request might be submitted by every shareholder, association of shareholders, trade union, and state bodies. He commented only on the government motion, he said, because one should be very brazen and morally questionable to come up with a privatisation audit motion after a decade of privatisation done the HDZ way, which he added had made it possible to pillage what had been created for centuries. Damir Kajin of the Istrian Democratic Assembly bench said not one privatisation objective had been achieved. The audit should answer how some became rich overnight while the majority of the population was completely poor. The fundamental responsibility for the privatisation debacle does not lie with the Gucics and the Kutles, which are suspected of economic crimes, but with those who made this kind of privatisation possible, Kajin asserted. He said Croatia's privatisation had been a pillage of social wealth aimed at distributing social power in order to rule with real economic power once political enthusiasm had died away. Kajin encouraged the auditing of all enterprises, successful and unsuccessful ones, and an urgent audit because, he said, foreign investors would not come to Croatia until the auditing was over. The government's responsibility is enormous, because it is on the privatisation audit law that Croatia's authorities will pass or politically suffer, Kajin said. (hina) h jn

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