Franović: I absolutely support the external audit

"The executive management, given the conflicting opinions in the Audit Committee of Luka Bar AD, absolutely supports the position of hiring an external audit for the Business Report of Luka Bar AD for the first six months of 2018. This has been our initiative for a long time, because firmly and professionally responsible, all members of the executive management stand behind the documents they signed"
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Zarija Franović, Photo: Filip Roganović
Zarija Franović, Photo: Filip Roganović
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.
Ažurirano: 11.08.2018. 08:56h

After the press release of the Board of Directors of AD Luka Bar, which yesterday did not adopt the report on the half-year work and business results of the management led by the executive director Zarija Franović, and ordered an extraordinary audit, the executive management of Luka expressed its opinion on this situation.

We remind you that yesterday the Board ordered the secretary of AD Luka Bar to send all announcements from the port to the media from his email address in the future. In the announcement of the executive management, which was forwarded to the media from another email address, it is stated that the executive management is obliged to present "extremely significant facts, given the expressed interest of the media and the public, as well as those employed in the company Luka Bar AD in accordance with the Statute and Regulations on informing the company".

"On today, August 10, 2018, the Port of Bar AD paid a total of 2009 workers in the name of payment of the salary difference to workers and former workers for the period 2016-260. This is in the net amount of 1,177.600 euros, i.e. in the gross amount of 1,865.688 euros. with the payment of funds planned for Monday, August 13, in the amount of 154.852 euros, a total of 2,020.541 euros or 54,21 percent of the total obligations in the gross amount of the planned 3,726.794 euros will be paid to the workers. liquidity, i.e. own funds without prior indebtedness, with regular settlement of all obligations towards employees, suppliers and the state. The executive director's express position is that every employee must be paid, and that the liquidity and stability of the company must never be called into question," he writes. in the announcement of the executive management.

According to the same statements, the Board of Directors yesterday made a decision on credit in order to continue payments to workers on the aforementioned basis, "and for the sake of information, the executive director and executive management sent this initiative to the Board on July 2018, XNUMX".

"The executive management, given the conflicting opinions in the Audit Committee of Luka Bar AD, absolutely supports the position of hiring an external audit for the Business Report of Luka Bar AD for the first six months of 2018. This has been our initiative for a long time, because firmly and professionally responsible, all members of the executive management stand behind the documents they signed," this announcement concludes.

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