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Notification to the prosecutor's office after a control at the Industrial Development Agency

From 24 April  2019 to 9 September  2019 officers of the Regional Office of the Central Anti-Corruption Bureau in Lublin conducted a control at the Industrial Development Agency JSC regarding the sale of shares of Fabryka Łożysk Tocznych in Kraśnik S.A.

In 2012, despite the ongoing restructuring and co-financing in the amount of PLN 20 million, the Agency's management board decided to sell the company's shares.

Two investors came forward – Chinese and Slovak. The CBA control showed that the sale of shares of FŁT Kraśnik SA was carried out in violation of the "Procedure for the disposal of shares" in force at the Industrial Development Agency JSC. The shares were sold to a Chinese corporation for a price lower by nearly PLN 39 million than offered by a Slovak investor. As a result, damage was caused to the assets of the Industrial Development Agency JSC.

The Central Anti-Corruption Bureau in Lublin sent a notification to the Regional Prosecutor's Office in Warsaw about the possibility of committing a crime by persons responsible for the privatization process of Fabryka Łożysk Tocznych in Kraśnik S.A.

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