engleski

The Legal Character of Transformation and Privatization of Social Ownership in The Republic of Croatia

The privatization of the former social ownership in the Republic of Croatia has not had the economic and financial effects in a certain numbers of cases. The main reason for this can be found in certain illegal aspects during the process of privatization and these are: the abuse of manager’s lawns ; the lowering of the appraisal go a company’s property ; giving guarantee deposits of a bank as an instruments of insurance when realizing the lawns of domestic and foreign companies ; bogus capital investment ; transforming of bogus credit into ownership and there are two models of this transformation: the fries one presents taking over of the company, the so called blowing up of the prices of the equipment delivered and the repromaterial and the second one presents the transformation of the bogus credit into ownership based on the illegal revalorization of the lawn paid off ; buying the company by its own financial means, by the so called money laundry through the off-shore companies abroad.

ownership; social ownership; transformation & privatization.

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