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Forged Invest-Bank bill of exchange

Businessman Zygmunt Solorz-Żak, who owns Invest-Bank and its subsidiary companies, stated that Invest-Bank's zł.3.5 million bill of exchange issued by the Pro-Export consortium is a fake. "It was issued on a form from 1995, which means that when it was issued on 31 January 1994 such a form did not actually exist," said Solorz-Żak. He added that he has already informed the prosecutor's office about the issue. If the bill was real, it could be used to pay back the creditors of Invest-Bank's subsidiary company Bank Staropolski, which went bankrupt leaving a debt of zł.157 million plus interest. Solorz-Żak knows that he could repay all Bank Staropolski's clients by buying out the company's assets, that is 30% of Invest-Bank's shares, but he declared he would do so only after the situation is investigated and clarified. (Puls Biznesu, p. 11) D.W.

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