Prosecutor investigates Ciech directors and IT system contract

Chemical concern Ciech has problems with its IT systems. Two years ago, the previous management replaced the IFS system with an Oracle one, which has so far not been implemented. Foul play is suspected and the prosecutor is now analyzing the case. "This is one of the cases involving two former members of the company's board, Paweł Augustyn and Robert Bałabanow, who are suspected of having acted against the interests of the company," an informer told Puls Biznesu. According to him, Ciech might have lost a several tens of million of złoty due to bad decision. According to the concern's spokeswoman, Jarosława Garczyńska, the holding will spend zł. 11 million on implementing ERP and CRM systems. The contract with Softbank signed two years ago stated that the launching the Oracle system would cost under zł. 5 million. "The board signed the deal with the recommendation of the tender commission, which was afterwards accepted by the supervisory board," said Paweł Augustyn. (Puls Biznesu, pp. 1, 3) M.M.