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Consequences of fictitious transactions on the CI: 3M finance in difficulty
Slovenia🏛️ PoliticsCenter15 hr. ago

Consequences of fictitious transactions on the CI: 3M finance in difficulty

The Slovenian state-owned enterprise Borzen has initiated forced debt restructuring proceedings against 3M Finance, a company owned by Matevž Marc, due to unpaid loans totaling 7.1 million euros. The case involves allegations of fictitious invoices, where 3M Finance had purchased claims from companies like Grantran and Avtoprevozništvo Anton Grandovec, which were later found to be invalid. These companies had acquired claims from dependent enterprises of Slovenian Railways (SŽ), namely Ferspeda and VV-Loga, but upon payment requests, it was revealed that these accounts were not recorded in their financial records. As a result, both Grantran and Avtoprevozništvo Anton Grandovec entered bankruptcy proceedings. 3M Finance is reported to have claimed over 1 million euros from these companies. Criminal investigations into the fictitious business practices are ongoing, with police conducting home searches. Borzen stated that 3M Finance still owes them 3.866 million euros, clarifying that this is not a loan but an investment with higher interest rates.

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Info360 logoInfo360IndependentCenter15 hr. ago
Consequences of fictitious transactions on the CI: 3M finance in difficulty

The Slovenian state-owned enterprise Borzen has initiated forced debt restructuring proceedings against 3M Finance, a company owned by Matevž Marc, due to unpaid loans totaling 7.1 million euros. The case involves allegations of fictitious invoices, where 3M Finance had purchased claims from companies like Grantran and Avtoprevozništvo Anton Grandovec, which were later found to be invalid. These companies had acquired claims from dependent enterprises of Slovenian Railways (SŽ), namely Ferspeda and VV-Loga, but upon payment requests, it was revealed that these accounts were not recorded in their financial records. As a result, both Grantran and Avtoprevozništvo Anton Grandovec entered bankruptcy proceedings. 3M Finance is reported to have claimed over 1 million euros from these companies. Criminal investigations into the fictitious business practices are ongoing, with police conducting home searches. Borzen stated that 3M Finance still owes them 3.866 million euros, clarifying that this is not a loan but an investment with higher interest rates.

Bias read (Center): The article presents factual developments involving financial irregularities and legal actions without overtly favoring any political ideology. It reports on economic and legal matters without clear ideological slant, maintaining neutrality in its framing.

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