Banks to cut financing to fraudulent Silesian leasing company Polcar

The future of Silesia's largest leasing firm Polcar looks uncertain after it was revealed that it participated in the infamous transaction between PPKS Zywiec and Bohurex. The twelve banks which finance Polcar are reportedly reviewing that policy. Local bus operator PPKS Zywiec allegedly signed a contract to sell Bohurex several buses in irreparable condition. The buses were meant to be refurbished, although the signatories to the contract were aware this was not possible. The bogus buses were then leased back to PPKS and they were being paid for in part using subsidies from the Silesian voivodship office in Katowice. (Puls Biznesu, p.4). S.M.