Polish registry embroiled in financial scandal

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Polish registry embroiled in financial scandal

Thursday, July 9. 2009

Former NASK Director Maciej Koz?owski was replaced on July 1st after it was reported that the polish registry lost over 3 million euros on bad investments.

NASK, the entity in charge of Poland's .PL Internet suffix, has reportedly lost up to 14 millions zloty (around 3.2 million euros) on failed FOREX futures investment.

The polish press is reporting this as a potential case of fraud. NASK is a public entity and is therefore seen to have invested – and lost – taxpayers' money. NASK is said to have an annual budget of around 70 million zloty (approx 16 million euros).

NASK director Maciej Koz?owski was fired over the growing scandal by Science and Higher Education Minister Barbara Kudrycka. Former NASK Research Director Krzysztof Malinowski took over as Director on July 1st 2009.

Posted by Stephane Van Gelder in Registries at 11:35 | Comments (0) | Trackbacks (0)

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