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Prime Minister questioned by prosecutors about PZU

They questioned Prime Minister Marek Belka, about issues relating to the privatization of PZU. They wanted to know if Belka advised Joae Talone, the head of the Eureko consortium, when he signed the PZU privatization agreement annex that was unfavorable for the budget in 2001. The annex stated that Eureko would buy the majority of PZU shares. As Belka told Rzeczpospolita in December 2004, he had never been Eureko's advisor. In 2001 he was a member of Bank Millennium (formerly called BIG Bank Gdański) supervisory board and he advised President Aleksander Kwaśniewski on economic matters. He then admitted he met with the president of Eureko and explained to him that the new government would never accept the sale of PZU to Eureko. Belka was also questioned about the role of BIG Bank Gdański in the PZU privatization process, especially about the irregularities connected with selling 30% of PZU shares to a consortium of BIG Bank Gdański and Eureko in 1999. (Rzeczpospolita, p. A3) D.W.

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