Victoriabank shareholders demand an extraordinary meeting of the bank's General Assembly on February 28. They told a press conference about their concerns regarding the situation within the bank and that the bank leadership refused to provide them with truthful information.
Ruslan Dobos, vice director at Asito Company, a Victoriabank shareholder, says that the institution fell from 2nd to 3rd in the rankings of Moldova's most profitable banks and that the situation could yet worsen.
“The situation we saw at the General Assembly on November 15, 2013, and some reports made us understand that there is a problem in the bank and we decided to call the extraordinary assembly of shareholders. But after we came with this initiative, we noticed some weird stuff going on that wasmeant to stop us”, said Dobos.
Angela Maxim, senior jurist at Asito, told reporters that a group of shareholders owning 25% of the bank requested the meeting of the General Assembly. The request and the meeting agenda announcing the intention to elect a new leadership was submitted to the institution's chancellery. Maxim said that on December 31, the Official Gazette published the decision to summon the General Assembly for February 6.
“According to legal procedures, the extraordinary assembly of shareholders can be summoned by the board of directors only if there is a decision that the administration council cannot the summoned. We don't have such a decision. So, if the assembly was convened by the board of directors, it was illegal. We think that if on February 6 the assembly makes decisions that are unfavorable for the current leadership of the bank, the latter will be able to appeal them in court and have them canceled”, stressed Angela Maxim.
Ion Dorogoi, representative of Corplexus LTD, another Victoriabank shareholder, claims that the current leadership of the bank has a puzzling behavior towards shareholders. At the last assembly, on November 15, 2013, shareholders weren't allowed to speak and decisions were taken in violation of procedures. Ion Dorogoi thinks that through such infringements the leadership of the bank will try to manipulate decisions that go against it.
