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Minister not keen on lower reward in Gabcikovo dispute

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Minister Ziga indicated that the entire contract between the state-owned company MH Manazment and the law firm might still be called into question.

Economy Minister Peter Ziga is not satisfied even with the newly negotiated lower remuneration for the law office of Radomir Bzan for the won international arbitration over the hydropower plant Gabcikovo. „I expected the success fee somewhere between one and two percent,“ Ziga said after the Cabinet’s session on Wednesday. MH Manazment on Tuesday agreed with the law firm to lower the remuneration from 64 million to 17.64 million euros. The minister indicated that the entire aforementioned contract between the state-owned company MH Manazment and the law firm might still be called into question. „We are still working with the version and the legal opinion that this contract may not be valid at all since it was not properly publicized. We are going to work with this alternative. However, we need a rigorous legal opinion, so we asked the Justice Ministry for help,“ Ziga said, adding that in the coming days he would also draw personnel consequences for the Gabcikovo case.

Full story in Slovak: Ministrovi sa nepáči ani nižšia odmena za Gabčíkovo. Chce zneplatniť zmluvu.

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