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Tuesday, August 9, 2022

Leftists are publicly shouting that the government is selling off property, but their supervisors are doing the exact opposite – they are against KAD buying York’s debts of Sava and SDH buying York’s shares in Sava

By: P.T.

“Let’s protect domestic tourism from sales!” The left-wing opposition has been shouting out loud lately, demanding that the government exercise its pre-emption right and buy about 43% of Sava from the York Fund. But because history teaches us that the left has always been two-faced, as it publicly does one thing and secretly does another, this time it is no different. At the session of the KAD Supervisory Board, the leftists voted against the exercise of the pre-emption right.

Last Friday, a meeting of the KAD Supervisory Board was held, at which the draft agreement between the SDH and KAD management boards was to be approved. The draft agreement envisaged that SDH would buy back Sava shares owned by the Luxembourg York Fund and which, through Sava Turizem, owns an important part of the tourist infrastructure on the coast, Bled and in north-eastern Slovenia. According to our unofficial but reliable information, the draft agreement has not been approved. What went wrong?

According to our source, the proposal to exercise the pre-emption right was not voted on because the representatives of pensioners (Boris Žnidarič and Mirko Miklavčič) and the trade union representative (Ladislav Rožič) voted against the proposal of KAD management that SDH buys shares that York has in Sava, and for KAD to take over York’s debt of Sava. Three representatives of the capital, on the other hand, voted in favour of this proposal.

So, leftists or outspoken supporters of political parties, who with the help of the media mainstream are publicly shouting that the centre-right government is selling off tourist property (which is of course misleading, since York is privately owned, it also bought the weekly Mladina) are secretly working just the opposite of this.

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