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Treasury pursues privatization debts of zl.660 million

So far, a special team at the ministry operating since September 2006 managed to collect zl.3 million in outstanding liabilities. It is estimated that over the last decade only 10% of investors have not fulfilled their privatization pledges. "Regretfully one has to acknowledge that part of the liabilities are already lost. Some court cases have already expired. Some investors are in financial difficulties, while some have gone bankrupt," said Grzegorz Janas from the Ministry. The ministry is planning to re-collect zl.100 million from dishonest investors by the end of this year, which are mainly smaller companies. (Rzeczpospolita, pp. A1, B3) M.M.

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