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HNS chief says loan given to Coning in line with all regulations

ZAGREB, Dec 14 (Hina) - The Coning company took an absolutely regular loan in accordance with all rules, and offered a bank security and a mortgage 25 times higher than that security, Croatian People's Party (HNS) president Radimir Cacic said on Wednesday, commenting on media reports that the Varazdin-headquartered company, of which he was one of the founders, had been granted a loan, perceived by the media as a high-risk one, from the Croatia Osiguranje insurance company ahead of the parliamentary elections.

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