The chain through which PZU presidents stole zł. 500 million

The fortune embezzled by Władysław Jamroży and Grzegorz Wieczerzak from insurers PZU and PZU Życie was transferred to secret accounts in tax havens. An exclusive story in today's Rzeczpospolita revealed sensational documents on the issue. According to the paper, around zł. 500 million was transferred to the accounts of the two presidents. A key role in the embezzlement process was played by entrepreneur Andrzej Perczyński, who has been in business with PZU for over 10 years. According to the sources, in 1995 Jamroży set up a secret fund called the Portland Trust on the island of Jersey. At the same time, a company called Fountain Holdings, controlled by Portland Trust and registered in the Virgin Islands, provided Wieczerzak with huge amounts of money. Perczyński is a very mysterious person. In his house in Vienna he kept all the documents concerning the accounts of the two presidents. Several years ago he bore the identity of a French businessman with a Canadian passport under the name Andrew Northern. In the past, he was involved in international drug smuggling. (Rzeczpospolita, p. A1) A.Z.