Franak brings together former holders of loans pegged to the Swiss franc whose loans were converted to euro-denominated loans.
On 4 July 2013, the Zagreb Commercial Court delivered a ruling in favour of the Consumer Protection Association which had sued eight banks with regard to the Swiss franc foreign currency clause and their unilateral decision to increase interest rates.
The judgement was handed down by Judge Dobronić, who said at the time that the banks had violated consumers’ rights by failing to fully inform them about all the parameters necessary to decide on taking loans.
The ruling on the legal nullity of the currency clause in contracts on loans pegged to the Swiss franc was later upheld by the High Commercial Court.
Eight years ago, Judge Dobronić gave hope to all holders of CHF-indexed loans, the Franak association said today.
“We believe that we do not have to explain in great detail the reasons why we are confident that Judge Dobronić is the only candidate who can launch the necessary changes in the judiciary. We believe that by expressing our support for him we can send a message to members of parliament and let them know who is the citizens’ choice,” Franak said.
In a draft message of support for Judge Dobronić, which can be sent by citizens to members of the parliamentary Judiciary Committee, which is to interview candidates for Supreme Court president, and their party groups, Franak says: “By supporting Judge Dobronić for Supreme Court President you will restore citizens’ hope and faith in judicial autonomy and a just Croatia.”
The Judiciary Committee is to interview the candidates on 9 September.
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