Bitter feelings as real offer is made for Wirtualna Polska

Wirtualna Polska (WP), a leading Internet portal which is currently in receivership, has found an investor willing to buy out the portal's creditors for zł.36 million and take it over. That investor is the company's president Marek Borzestowski and Zenon Beker, another member of the management board, who have the financial backing of stock exchange listed venture capital fund MCI Management. Borzestowski is accused by the portal's minority shareholders of having acted in a way which lead the portal to bankruptcy, so as to allow strategic shareholder, TP SA, to recoup its investment and control over the portal. Two members of WP's management board presented evidence of this in court in the form of documents from Borzestowski's laptop PC. Meanwhile, Borzestowski sued them for theft of the laptop. (Gazeta Wyborcza, May 29-30, p. 31) T.J.