Three PZU presidents allegedly banked millions in illegal backhanders

The Rzeczpospolita newspaper claims that three presidents of the largest domestic insurer PZU lined their pockets to the tune of millions of złoty's with illegal commission from a British insurance intermediary, Robert Browne. The paper names the three men it alleges cashed-in when PZU was signing re-assurance contracts with the UK-based firm. It suggests that money from Robert Browne was being banked in the accounts of companies set up for PZU CEOs on the Island of Jersey by Warren Trustees Group. Rzeczpospolita has seen documents from Warren Trustees, which are currently in the hands of Jersey police investigating money laundering. Two of the men named still hold high-powered posts in another state-owned business. They both refused to comment on the allegations. (Rzeczpospolita, pp. A1, A4) M.M.