“RS Commodity Reserves” consider debt collection from “Farmland”

30.11.2021. / 16:33

BANJA LUKA – The assembly of creditors of the “Commodity Reserves of Republika Srpska” in bankruptcy, at its session on December 9 this year, will decide on further steps to take to collect a million claim from “Farmland”, as well as whether to propose the bankruptcy of that cattle farm. CAPITAL.

Photo: Capital

The million-dollar debt that “Farmland” has towards the Commodity Reserves was confirmed almost a year and a half ago, but nothing has been done since then to collect it.

How is it CAPITAL previously published, it was mentioned that “Commodity Reserves ”could file for bankruptcy of destroyed cattle farm from Nova Topola, but that has not happened so far.

Bankruptcy avoids asking for and RS Tax Administration, although “Farmland” owes her more than five million marks.

Earlier they were for CAPITAL said they do not file for bankruptcy because collection in these proceedings is uncertain. Also, they admitted, the collection is uncertain even after the bankruptcy, considering that the banks prevented them and registered mortgages on the property of “Farmland” before them.

One of the reasons why “Commodity Reserves” went bankrupt was the contracts with “Farmland”, on the basis of which Srpska entrusted this farm to keep heifers and tons of cereals.

Due to non-compliance with these agreements, “Commodity Reserves” sued and received verdicts against “Farmland” amounting to 3.7 million KM.

Apart from the Tax Administration and “Commodity Reserves”, “Farmland” has millions of debts to the Investment and Development Bank (IRB) of RS, from which it received two loans in the total amount of 17.8 million marks in recent years. One loan of 14.8 million KM was approved without a financial intermediary.

CAPITAL: Bojana Ninković

Source: Capital.ba – Informacija je capital by www.capital.ba.

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