SKOK Wołomin activity suspended

The Polish Financial Supervision Authority (KNF) has decided to suspend the activity of credit union SKOK Wołomin as of December 11, according to a statement issued on Thursday. “As of December 10, 2014, SKOK Wołomin has lost financial liquidity,” the KNF’s statement read. Members of the credit union’s management board were arrested in October. A commissioner was named by the KNF to assess the unit’s finances.