Skip to content
Advertisement

Business

MCI and Prosecutor clash over JTT compensation ruling

JTT Computer went bankrupt as a result of excessive tax wrongly imposed by the fiscal office. Yesterday, the General Prosecutor rejected the court ruling which ordered the State Treasury to pay zl.38.5 million in compensation to MCI. This means that there will be a full court trial for the largest compensation from the State Treasury in history. The president of the General Prosecutor's office, Marcin Dziurda, claims that, "MCI Management is not entitled to compensation since it is not the company which incurred a loss due to the administrative decision. The only entity entitled to compensation may be the bankrupt JTT Computer, or more precisely its receiver." However, MCI wants compensation of zl.38.5 million out of which zl.10.2 million for the losses due to the dramatic decrease of the price of JTT shares owned by MCI Management and zl.28.3 million for the so-called lost benefits. "Had the tax office not destroyed JTT Computer with its wrong decisions, MCI would have benefited from the activities of the company," stated MCI investment director Andrzej Lis. (Puls Biznesu, pp. 1, 4) E.B.

More from Business All