Podgorica, (MINA-BUSINESS) – The Network for Affirmation of NGO Sector (MANS) has invited the Government, the Privatization and Capital Investment Council, the Ministry of Economy, and the Securities Commission to make public, without any delay, all relevant documents related to the privatization of Elektroprivreda (EPCG).
“Apart from the case of Telekom’s privatization, it appears that part of the profit from the privatization of EPCG also ended up with the so-called intermediaries the public has not been aware of so far,” MANS says in a press release, adding that the intermediaries were very close to senior public officials.
MANS requested from the Privatization Council to provide public access to all bids for the state-owned EPCG shares, including the complete documentation related to the appeals submitted by the Russian company Inter Rao and the Greek consortium Golden Energy One Holdings and Public Power Corporation, after a decision had been made to sell the company to A2A.
“The Russian company complained about the lack of grounds for the rejection of its bid, saying that A2A had had a preferential treatment in this process,” MANS says, adding that the Greek consortium had made the same claim, but withdrawn the lawsuit before the court proceedings took place.
MANS also asked the Government to publish the complete correspondence between Milo Djukanovic, which had been Prime Minister of Montenegro at that time, and former Italian Prime Minister Silvio Berlusconi, during a visit to Montenegro he had made shortly before EPCG was sold to Italy’s A2A.
The NGO requested from the Securities Commission to provide the copies of all contracts concluded between the privatization funds and the British company River Financial Trading Ltd related to the sale of EPCG shares and the commission charged on that occasion. Longer version of article is available on a link MINA ENGLISH SERVIS
