SARAJEVO DISMISSES ACCUSATIONS OF MALVERSATION ( Editorial: --> 7425 )

( Editorial: --> 7425 ) SARAJEVO, Nov 1 (Hina) - The director of the State Commodity Stockpiles Board of Bosnia-Herzegovina, Mirsad Kurtovic, on Saturday dismissed statements made by the International High Representative for Bosnia, Carlos Westendorp, on Friday that the Board was responsible for malversation of over DM 50 million. At a news conference in Sarajevo, Kurtovic said that the Board had remitted all revenues exclusivelly for the financing of Bosnian Federation institutions, adding that there had been no illegal outflow of money. Nowhere was it stated in the Dayton Agreement that the Commodity Stockpiles Board could not function on a state level, Kurtovic said, adding that the Council of Ministers of Bosnia-Herzegovina had decided that the Board should continue the work it had been doing as a republic administrative organisation until a final agreement was reached. (hina) lm mm 011843 MET nov 97