The candidates proposed by a group of shareholders of Victoriabank for members of the bank’s Administration Board weren’t accepted. Asked by the shareholders why their proposals weren’t included in the agenda of the February 6 general assembly, the administration said their requests didn’t reach the bank’s chancellery.

Olga Ceban, who represents two of the shareholders – “TIK Invest” and “Vestesk Management” – in a news conference at IPN said the companies that hold 5% of the bank’s shares have the right to field candidates for members of the Administration Board. “Now we have to prove that we sent the proposals and that they received them, but refused to include them in the documents prepared for the general assembly,” she stated.

According to Olga Ceban, among the candidates is former National Bank governor Leonid Talmaci. “We consider that Mister Talmaci will cope very well with the administrative post, but the current president Natalia Politov-Cangas is making effort to block the votes of the shareholders that can remove her,” she said, adding that a document issued by the National Bank blocks the votes of a group of shareholders that asked convening the extraordinary general assembly, where to replace the bank’s administration.

“Asito”, which owns 5% of the shares of Victoriabank, was also banned from voting. The company’s senior jurist Angela Maxim said that the shareholders are accused of concerted behavior, but they consider that the National Bank acted illegally, its decision being ‘bought’ by the current administration of Victoriabank.