Treasury maneuvers to recall lottery chairman Jamrozy
The Treasury Ministry has changed the by-laws of state lottery Totalizator
Sportowy (TS) by reducing the number of votes its board of directors needs
to recall a board member, a move intended to enable it to oust company
chairman Wladyslaw Jamrozy. Under the new by-laws, a simple majority of
votes is sufficient to change the boards composition, which in this case is
three out of five. The Finance Ministry has a right to have two
representatives on the board while the Treasury is entitled to one. Jamrozy
no longer has either the support of the Treasury or the Finance Ministry.
The current situation is the opposite of that which occurred during the
replacement of TSs former chairman, Slawomir Sykucki, by Jamrozy in April
2000. After Sykucki was recalled by votes of three members of the Board, the
Treasury decided that four votes would be needed to change the boards
composition. Currently Jamrozy can count on the support of the two TS
employees on the board, as several weeks ago he proposed TS employees a 20%
salary increase. (Rzeczpospolita, p.B1) M.T.