PZU pulls out of three funds
Life assurer PZU Życie together with the Everest funds will today make the final arrangements on the sale of shares in National Investment Fund number seven named after Kazimierz Wielki as well as the Foksal and Zachodni national investment funds. Whereas the purchaser of the funds is Raiffeisen Investment, it is rumoured that the final purchaser of the funds is Grzegorz Wieczerzak although Maciej Radziwiłł of Everest refused to comment on this. Grzegorz Wieczerzak heads PZU Życie although the new treasury minister has suggested that he may go. Wierczerzak recently suggested in a television interview that this did not bother him as it would not be difficult to find a similar job which is just as satisfying. Grzegorz Wieczerzak started to take an interest when his friend Andrzej Chronowski became treasury minister. Fights in the board rooms and at the entry to those rooms have been going on ever since, the governments official reason being lack of satisfaction with results.