Agrokor Administrator Ready to Bear Consequences

Total Croatia News

ZAGREB, February 15, 2018 – The emergency administrator in the ailing Agrokor conglomerate, Ante Ramljak, said on Thursday that he was ready to bear the consequences and assume the responsibility if lawmakers and the government assess that he had undermined the process of emergency administration.

“If you, as lawmakers, and the government assess that I have compromised the process, I am ready to bear the consequences and admit my guilt,” Ramljak said after he acquainted the parliamentary economy committee of the course of his emergency administration.

At the beginning of his address to the committee, he depicted how serious situation was in Agrokor when he was appointed by Zagreb Commercial Court on 10 April 2017.

During his address, Ramljak also commented on his previous employment in the Texo Management company which was later subcontracted as a consultant for the overhaul of the debt-laden Agrokor conglomerate.

When I assumed the duty of emergency administrator, I did not have enough time to be acquainted with the situation in detail. I was forced to ensure funds for cash-flow in short period, Ramljak said, adding that he had to rely on people whom he knew and trusted and with whom he had closely cooperated and that he had never intended to conceal the names of those consultants.

Likewise, on 12 April that year, he made public the names of those engaged as his advisers and in his team of consultants. “This move I made can be assessed by someone as immoral and corrupt,” Ramljak said, adding that he regretted that and was ready to bear the consequences.

Economy Minister Martina Dalić proposed to the parliamentary committee that this body should be informed of the process of emergency administration at a regular basis.

 

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