PZU shareholders meeting lasts a grueling 17 hours

"You have experience in penal cases," in this way the current president of the company Jaromir Netzel attacked his predecessor Cezary Stypulkowski. The remark concerned a car accident involving Stypulkowski, which took place a few years ago and cost the lives of three persons. The prosecutor quashed the investigation due to the death of a person who caused the accident. "I advise you not to touch this issue," said Witold Jurewicz, a lawyer representing Eureko, a shareholder in PZU. "You are right," said Netzel whose past is also causing much controversy. However, he was the winner of the battle, as the shareholders recalled a vote of approval of the former management board and for the first time in history, decided that Stypulkowski will have to return a zl.45,000 bonus due to numerous irregularities. "Cancelling the vote of approval should result with a parallel submittance of lawsuits with the prosecutor," said Krzysztof Oblój, former chairman of PZU supervisory board. (Rzeczpospolita, pp. A1,B1) M.M.