Kamco puts renewed pressure on FSO to secure $570 million debt

"We want two independent auditors to check the books of FSO and state in what terms was the Polish company a debtor to Daewoo Motor Co., and in what terms to Daewoo UK. As evidence we can present 283 invoices issued by Daewoo UK and not paid by FSO," revealed Thomas Kolaja, the head of CII Group, a company representing the interests of Kamco and Daewoo UK in Poland. Kamco however plans to claim its demands from DWMC. Kolaja went on saying that the new shareholder would resell the stake to the new investor, and CII Group is already in talks with Shanghai Automotive Group. The Treasury Ministry does not plan to respond to Kamco's demands. (Puls Biznesu, p. 5) A.K.