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DEFENCE & NATIONAL SECURITY COUNCIL DID NOT DECIDE ON REHABILITATION

ZAGREB, Nov 4 (Hina) - The Croatian President's Office on Wednesday +denied allegations by some newspapers claiming that the Defence and +National Security Council (VONS) had on November 2 adopted +decisions regarding the fate of several Croatian banks.+ The weekly "Globus", claimed that at it session held November 2, +VONS concluded that "Glumina banka", "Ilirja banka", "Zupanjska +banka", "Komercijalna banka" had gone bankrupt and that it was +necessary to introduce recovery measures for these banks.+ The Defence and Security Council did not even sit on the said day, +nor had any meeting been announced, said a statement signed by VONS +secretaries, General Major Darko Grdic and Gordan Radin.+ The last meeting of VONS was held on Wednesday, October 21, 1998, +and a press release was issued regarding that session as is done in +all cases when VONS is convened, they said.+ G
ZAGREB, Nov 4 (Hina) - The Croatian President's Office on Wednesday denied allegations by some newspapers claiming that the Defence and National Security Council (VONS) had on November 2 adopted decisions regarding the fate of several Croatian banks. The weekly "Globus", claimed that at it session held November 2, VONS concluded that "Glumina banka", "Ilirja banka", "Zupanjska banka", "Komercijalna banka" had gone bankrupt and that it was necessary to introduce recovery measures for these banks. The Defence and Security Council did not even sit on the said day, nor had any meeting been announced, said a statement signed by VONS secretaries, General Major Darko Grdic and Gordan Radin. The last meeting of VONS was held on Wednesday, October 21, 1998, and a press release was issued regarding that session as is done in all cases when VONS is convened, they said. Grdic and Radin added that to date neither the VONS nor any other presidential advisory body had made any decision regarding the rehabilitation of the four private banks. (Hina) sp jn.

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