Agrobanka shareholders turn to EU for help

Agrobanka shareholders turn to EU for help

BELGRADE -- Agrobanka shareholders say they have had to turn to the representatives of the EU, as the Serbian government has not been paying attention to their problems.

The shareholders announced that they have decided to raise their legal battle for the return of "the brutally looted private assets" to a higher level, adding they notified the entire state administration and relevant state institutions.

According to a statement, this step was necessary "because the Serbian government does not heed the demands of shareholders of Agrobanka who are the victims of the state-political-financial tycoon crime, and since the fight against corruption and crime as well as creating a positive business climate for the arrival of new investors are just empty campaign promises. "

"Since May 25, 2014, two years after the extremely dubious closing of Agrobanka, a politically directed trial has not moved from the dead point and there is a total media blackout about the affair of the century, we started addressing representatives of the governments of member states of the European Union, thus EU bodies and commercial entities across Europe and the world," the statement said.

Shareholders of Agrobanka noted that they repeatedly received letters from the office of the EU Enlargement Commissioner and the EU Delegation in Serbia who within their mandate gave full support in the form of monitoring the fight against corruption that is a priority within chapters 23 and 24 of accession negotiations. It is added that EU representatives expressed their gratitude because the letters of shareholders of Agrobanka "enabled them to realistically comprehend how the rule of law was being implemented in...