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PGK Concerned About Future Banking Operations in Kosova

kosovapress-news at 19:57  July 24, 1999

 
PGK Concerned About Future Banking Operations in Kosova

New York, July 24 (Kosovapress)
Representatives of the PGK in the USA responded with an immediate press release to troubling news about a UNMIK agreement with Yugoslav Komercjalna Banka to allow it service all the financial transactions of the UN in Prishtina.
Although the news were denied by the office of the spokesman for the UN, lack of further knowledge about ongoing talks regarding the future of banking operations in Kosova part of which are private Yugoslav banks believed to have close ties with the criminal Serb leadership, such as Komercjalna Banka, the PGK is closely following up with the issue.
A July 22, 1999 PGK press release states the following:
The Provisional Government of Kosova has learned with deep regret and indignation that the UN institutions in Kosova have signed an agreement with the Yugoslav Commercial Bank with headquarters in Belgrade. According to this agreement, the UN civilian mission in Kosova, the UN humanitarian organizations and individuals acting within the UN system will conduct all their financial transactions and payments in Kosova, Yugoslavia and abroad, through this Yugoslav bank.
It is utterly incomprehensible, to say the least, that the UN, which has adopted resolutions and sanctions against Yugoslavia should get involved with a financial institution operating in Yugoslavia. This is all the more so when it is well-known that the above bank and its President have well-established connections and close ties with the Yugoslav leadership, including Slobodan Miloshevic, whom the UN War Crimes Tribunal has indicted for atrocities and genocide that his regime has committed in Kosova.
The UN cannot be a reliable partner for the Kosova people if it chooses to cooperate with those that have a dubious role in the Kosova conflict, and violating its own resolutions and sanctions.
The PGK believes that the right way for the UN to proceed in the reconstruction of Kosova, is to rely on the indigenous Kosova banking institutions which have a great deal of expertise and a sound reputation in handling transactions of this kind. The PGK expects the UN institutions to take the appropriate measures to correct this blatant infringement of its own resolutions.

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