The court acquitted the SNS nominees, the sale of issues was not a criminal offense - FFT Ecology News

The court acquitted the SNS nominees, the sale of issues was not a criminal offense

The Regional Court in Trnava acquitted the former top managers of the Trnava Heating Company in the case of the sale of emission allowances.

Former CEO of the company Peter H. and economic director Ivan G. faced charges of a particularly serious crime of violation obligations in the administration of foreign property, after Thursday’s verdict of the appeal court are definitely innocent. The acts described in the indictment according to the court no are criminal offenses. Trnavská teplárenská in connection with the sale claims damages in the amount of approximately 900 thousand euros.
Managers of Trnavská teplárenská as nominees of the Slovak National Party (CIS) in 2008 and 2009 signed agreements on the sale of emission allowances for 650-thousand euros to WMJ company, which subsequently for about 1.5 million euros was sold to the Czech company ČEZ. They both defended themselves by saying that just executed the decision of the company’s board of directors to sell the issues approved with all votes. According to the then economic director Ivan G. were even required to issue a resolution on the sale of emissions to WMJ company to perform. According to him, there were none at that time strict rules for emissions trading.
Actors selling emission allowances were originally released by the District Court last year in Trnava. The regional prosecutor appealed against the verdict, his appeal in Thursday The Regional Court in Trnava rejected. The Court held, inter alia, that the primary objective of emission allowances is to protect the environment. “The primary goal was achieved by the company Trnavská the heating plant emitted less pollutants than volume allocated emission allowances, including in the case of emissions trading quotas were achieved, “the court said, dismissing the appeal.
Every year, the Trnava heating company was from the ministry environmental emission allowances of 53 600 tonnes, its however, real consumption was only in the volume of 1500 – 2000 tons. In year In 2008, it sold WMJ company 45,000 tons of emission allowances for a price 10.5 euros per tonne, the reference price on the Bratislava Commodity Exchange was in it more than 25 euros per tonne. Next year a heating plant of the same the company sold 60,000 tonnes of allowances at a price of EUR 2.97 per tonne, whereas the reference price on the stock exchange was EUR 8.41 per tonne.
In addition to the two statutes of the Trnava Heating Company, the court acquitted and two other men who were involved in the sale of emission allowances.