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In Brief: PZU Zycie chief charged; Pension contracts; Daewoo-FSO

Prosecutors have charged the former head of insurer PZU Zycie, Grzegorz Wieczerzak, with fraud in a case which has overshadowed the ongoing privatization of the state controlled market leader. He stands accused of inflicting losses of zl.. 173 million on the company and misappropriating a further zl. 9.5 million. (Reuters) ... As of 2004 all pension fund contracts might have to be concluded at post offices as the Insurance and Pension Fund Supervisory Commission (KNUiFE) intends to eliminate agents from the process of signing up individuals to the funds. (Prawo i Gospodarka, p. 1) ... Wednesday's scheduled meeting of Daewoo-FSO shareholders has been postponed until October to give shareholders more time to decide on the company's future. (Rzeczpospolita, p. B5) A.Z.

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