Nineteen Years of Tradition: The St. Peter's Day Hiking March From Ponikva to Ratkova Skala
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Six years after the collapse, the "Eurostandard Bank" case finally enters the courtroom. The Prosecutor's Office for Organized Crime has filed an indictment against businessman Trifun Kostovski, his son Kosta and two other people for causing bankruptcy and negligent operation. The damage to creditors is estimated at over 27 million euros. Kostovski hit back immediately - and loudly.
Via Facebook, Kostovski said he was one of the bank's shareholders and had no interest in seeing it fail: "A man who had a personal, business and life interest in the bank surviving, not collapsing." He directly attacked prosecutor Katerina Kolarevikj as well. A defendant publicly addressing the prosecutor before the trial even begins - that's a move that tells you the battle won't be a quiet one.
The fall of Eurostandard Bank in 2020 left hundreds of creditors with lost money - people and companies who trusted an institution meant to safeguard their funds. The indictment comes only now, six years later. And here's the Balkan question that always repeats itself: why does justice for big financial cases arrive so slowly, when an ordinary citizen is chased for a smaller debt within a few months?
The case will be a test for financial justice in the country. Will someone really answer for a bank that collapsed and swept away millions, or will it slip through years of delays, appeals and statutes of limitations like so many others? Kostovski has the right to a defense and the presumption of innocence - but the creditors who lost everything have the right to an answer. The question isn't only who is guilty, but whether the system even knows how to process cases like this to the end. Experience so far doesn't inspire much hope.
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