PanSlovenian Shareholders' Association (VZMD), Slovenian member organization of BETTER FINANCE, unveiled the evidence against the unlawfulness of Slovenian banks valuations and the exaggerated "bank gap" as a result of unlawful actions of the Bank of Slovenia and its emergency measures decisions. The actions of the Slovenian central bank may cause enormous damage to the state and its citizens, claims VZMD.
In order to support its claim, VZMD delivered its Counterarguments against the recent statements of the Bank of Slovenia to the National Assembly of the Republic of Slovenia, along with additional disclosure of misleading statements, falsehoods and unlawfulness.
Based on its findings, VZMD states - among others – that the Bank of Slovenia substantiated all emergency measures on bank liquidation score provided by companies (such as Ernst & Young Svetovanje (Advice) d.o.o. and Deloitte svetovanje (Advice) d.o.o.) which do not qualify as auditing companies and could not be independent corporate appraisers under the Slovenian banking law. The association believes that the liquidation value of banks was not calculated in accordance with Slovenian banking law and therefore it could not serve as a legal basis for emergency measures.
For more information, please visit the website of VZMD.