Kulczyk appears to sell his Orlen shares as pressure mounts

Yesterday and on Wednesday, Orlen stocks fell in trade on the stock exchange with a large turnover which exceeded zł.120 million. In June 2002 Kulczyk Holding informed that it holds a 5.6% share with no updates on this matter since. The Securities and Exchange Commission (KPWiG) is said to be investigating whether Kulczyk had been honest about the amount of Orlen shares he owns, as the secret service notes on his meeting with Russian spy Vladimir Alganov released last week, indicated that he could control more than he admitted publicly. Zbigniew Wasserman, the deputy head of the Special Parliamentary Commission investigating the Orlengate scandal, yesterday said that the Commission asked the General Prosecutor to look into possible grounds on which to secure Jan Kulczyk's assets. (Parkiet, p. 1) T.J.