SEB and NFOŚiGW fight for control over BOŚ

At yesterday's general shareholders meeting the representatives of Swedish Skandinaviska Enskilda Banken (SEB) which holds slightly more than 47% of the bank's shares presented the ruling of the economic court on suspending the voting rights of the National Fund of Environmental Protection and Water Management (NFOŚiGW) and voivodship funds. SEB claims that the environmental protection funds that represent the State Treasury in the company and currently own 50.42% of the shares did not inform the Securities and Stock Exchange Commission and BOŚ itself that they exceeded the 50% limit of the shares and did not receive the consent of the Banking Supervision Committee. "This is SEB's reaction to the hostile activities of NFOŚiGW which wanted to deprive SEB of influence over the bank," declared a lawyer representing SEB. Meanwhile, NFOŚiGW deputy president J Stanisławski stated that the court's decision was delivered in the correct legal form. (Parkiet, p. 1; Puls Biznesu, pp. 1, 8) E.B.