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ASSOCIATION SEEKS CESSATION OF CRO. TELECOM-RELATED TRANSACTIONS

ZAGREB, July 18 (Hina) - An association of persons claiming the right to shares of Croatian Telecom (HT) will submit a request to the competent court and the Croatian government seeking cessation of any HT-related transactions. Association president Barbara Markac-Despinic told reporters on Tuesday the request came in the wake of the Constitutional Court's failure to rule on a motion the association made seeking assessment of the constitutionality of laws on telecommunications and the sale of HT. The association has called on the Constitutional Court to rule as soon as possible in order to prevent new damaging consequences for Croatia's citizens. The further sale of HT is morally, politically, and economically unacceptable and harmful, said Markac-Despinic. She added the association, which numbers about 12,000 members, based its demands on the constitutional right stipulating that rights ear
ZAGREB, July 18 (Hina) - An association of persons claiming the right to shares of Croatian Telecom (HT) will submit a request to the competent court and the Croatian government seeking cessation of any HT-related transactions. Association president Barbara Markac-Despinic told reporters on Tuesday the request came in the wake of the Constitutional Court's failure to rule on a motion the association made seeking assessment of the constitutionality of laws on telecommunications and the sale of HT. The association has called on the Constitutional Court to rule as soon as possible in order to prevent new damaging consequences for Croatia's citizens. The further sale of HT is morally, politically, and economically unacceptable and harmful, said Markac-Despinic. She added the association, which numbers about 12,000 members, based its demands on the constitutional right stipulating that rights earned by investing capital cannot be diminished nor rescinded by any law. The association believes the laws on telecommunications and the sale of HT are harmful for more than one million Croatian citizens who earmarked large sums to finance the telecommunications network, while HT shares are being sold to foreign companies, such as Deutsche Telekom. (hina) ha mm

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