Motorway Administration Head Fined Over Dubious Contract
The director of the state motorway administration company NDS, Milan Gajdos, has been charged a fine by the Constitutional Court depriving him of one year’s salary over a conflict of interests surrounding insurance contracts signed on behalf of the authority.
The Court ruled that he would be stripped of the salary worth around EUR 40,000, but the irony in the tale is that the incriminating insurance contract probably covers him for the loss, daily Hospodarske noviny writes on Friday.
Gajdos was accused of signing a dubious contract with Allianz insurance company in 2012 while head of the NDS, with a parliamentary committee finding him guilty of concluding a policy with strange terms, as they included things like insuring managers against sexual harassment lawsuits and so on, as well as for the payment of any fines or penalties, meaning the policy will probably cover Gajdos for the lost salary.
The CFO of NDS, Daniel Mako, is also up on the same accusations, but his appeal is still pending.