SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMC NEWS

TMCNET eNEWSLETTER SIGNUP

Prague dissatisfied with firm assisting in Diag Human case-server
[April 30, 2007]

Prague dissatisfied with firm assisting in Diag Human case-server

(Czech News Agency Via Thomson Dialog NewsEdge) Prague, April 30 (CTK) - The Czech Republic is not satisfied with Ernst & Young consulting firm that provides expert assessments within the dispute between the state and the Diag Human company over the failure of the latter's trade in blood blasma 15 years ago, server Euro OnLine writes today. It refers to a letter that the Office for the State Representation in Property Affairs (UZSVM) has sent to the arbitrators. The letter describes Ernst & Young's activities as unlawful and grossly violating the rules for working out an expert assessment. According to UZSVM, which represents the state in the dispute, Ernst & Young is trying to collect pieces of evidence instead of assessing the facts gathered by the court, and it has even attempted to call a meeting of the parties in dispute in order to clarify still open issues. "In an extreme case the UZSVM is ready to ask the Justice Ministry to intervene or reassess the expert's procedure," UZSVM lawyer Jan Herda has written in the letter, Euro OnLine says. At present, a supplement to the expert assessment is being worked out. The deadline for its completion is May 15. The state continues calling Diag Human's financial claims unfounded and insists that no proofs have been submitted within the court proceedings that should prompt the state to change its opinion. The dispute between the state and Diag Human has lasted for 12 years now. Josef Stava's Diag Human says that its plan to trade in blood plasma collapsed in 1992 after the then health minister Martin Bojar's unfavourable comments on the company. Stava has already attained 327 million crowns in compensation but claims further several billion. His claims are subject to the ongoing arbitration. Diag Human supports its claims with an expert assessment worked out by Ernst & Young. ($1=20.639 crowns) rtj/dr/hol

Copyright 2007 CTK Czech News Agency. Source: Financial Times Information Limited.

[ Back To TMCnet.com's Homepage ]






LATEST VIDEOS

DOWNLOAD CENTER

UPCOMING WEBINARS

MOST POPULAR STORIES





Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2014 Technology Marketing Corporation. All rights reserved.