Stocznia Gdanska receiver to face charges for irregularities in low sale price

Stocznia Gdanska shipyard receiver Andrzej W., responsible for the company 's privatization, together with eight other people who prepared the deal will face charges by the district prosecutor's office in Gdansk. The receiver will have to explain the low price at which the shipyard was sold. A notary deed records the price as zl 111.7 million, while assets under receivership also included zl. 42.8 million in cash, indicating that the company was in fact sold for only zl.73 million. Meanwhile the zl.42.8 million disappeared, most likely deposited in the accounts of the shipyard 's purchasers, Stocznia Gdynia shipyard and consulting company Evip Progress. Neither the head of the district prosecutor's office in Gdansk nor the receiver would comment on the incident. Daily Gazeta Wyborcza has learned there is no possibility of the case being dismissed, and thus the lawsuit will find its way to the court in December. (Gazeta Wyborcza, p.20)