State institutions to help citizens with Swiss francs

Medojević said that there is also criminal responsibility of people from the CBCG for not enforcing the law
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Committee for the Economy, Photo: Savo Prelevic
Committee for the Economy, Photo: Savo Prelevic
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.
Ažurirano: 24.06.2016. 13:39h

The Parliamentary Committee for Economy, Finances and Budget will try with special conclusions that would be adopted by the plenum to solve the problem of the obligations of state institutions to help citizens whose loans have not been converted from Swiss francs to euros.

That working body of the parliament today considered the application of the law on conversion, which was adopted almost a year ago. It was established that out of around 130 million euros, only around 40 million were converted, i.e. all 30 percent.

Deputies and banking ombudsman Halil Kalač pointed out the problems of citizens whose loans were transferred by Hipo Aple Adria banka (HAAB) to factoring company Heta. It was pointed out that it was a fictitious document transferred to Het, which did not pay the bank for the transfer of claims.

Kalač emphasized that there is a large number of loan beneficiaries who are discriminated against by Heta and that the scope of application of the law is low.

"Out of the total number of loans issued, only 31 percent were resolved, while the rest of 69 percent were not realized. It is not a small group of people. Everyone interprets the law in their own way, to the detriment of the citizens for whom the law was enacted," stressed Kalač.

Nebojša Medojević (DF) said that the implementation of the law is being hindered because it is a loss of profit of 150 million euros.

"The bank, lawyers, and some of the corrupt government officials would make the profit. HAAB transferred the claims to Heta without compensation. The value of those loans is about 66 million, while the collaterals are two or three times higher. These are fictitious transactions with elements of a criminal offense. I invite the state prosecutor Ivica Stanković, now that he has moved into his third new apartment, to deal with those activities," Medojević pointed out.

Medojević said that there is also criminal responsibility of people from the CBCG for not enforcing the law.

"In Croatia, the finance minister informed the banks when they started protesting that they had 48 hours to implement the law. After that he said he would close the banks. The Croatian state is stronger than any bank and protects its citizens. I expect the same from the CBCG," Medojević said.

Aleksandar Damjanović (SNP) said that the Ministry of Finance and the Central Bank of Serbia are obliged to inform that parliamentary body about activities related to the implementation of the law.

"Out of 762 parties, 333 have been resolved after a year. The law is not interpreted by the Assembly, but by the executive power. In this case, the Ministry of Finance. We have never received a clear position from that department as to whether they consider the law to be fully applicable. The only way to get out of this is to have conclusions that would oblige the institutions to implement," said Damjanović. Medojević, who is the proposer of the law, said that he will prepare them soon.

Director of the Directorate for Bank Control in the CBCG, Darko Bulatović, said that the supreme monetary institution has the desire to implement the law, but that it does not have the legal mechanisms, and that if they are legally enabled, they will apply the law to Het as well. "That is not possible now," said Bulatović.

Medojević replied that if something is wanted, a way is found, and if not, an excuse is found.

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