Fraud in Slovakia?

Fraud in Slovakia?

On 28th May, Slovakia settled its fixed parita to EUR which should be used as base for future fx rate for Euro. Euro should be introduced in Slovakia from 1st January 2009.

Currently, there are rumours about insider trading because at date of parita settings, trades with Slovak crown has been too high, more than 1,2 bio USD (normal trades in those days was about 300 mil USD).

Two companies which are in danger are Slovak financial sharks, J & T and Istrokapital. Both these financial sharks have significant investments in whole region of Central Europe and their possible acusation could have significant impact on their future business or at least their reputation.