Warsaw (Puls Biznesu) – Tomorrow Optimus may be fined by the Securities and Exchange Commission KPWiG. The prosecutor’s office is looking for the person guilty of falsifying the decision of the supervisory board.
KPWiG and the Warsaw Prosecutor’s Office have both ended explanatory proceedings concerning a falsified decision of the supervisory board of listed Optimus computer producer.
“We have examined all people and collected suitable evidence”, Maciej Kujawski, the spokesman of the prosecutor’s office said.
“We have ended the proceedings”, Lukasz Dajnowicz, KPWiG spokesman added.
The prosecutor’s office is waiting for the decision of the expert.
“We have asked a graphologist to test the authenticity of the documents. He needs several weeks. Then we will make further decisions”, the prosecutor office’s spokesman said.
KPWiG may tomorrow decide to punish the guilty persons. The commission checked if Optimus management failed to inform about the decisions made within the company, a crime which would be fined with PLN 1m (EUR 254,000). KPWiG has also investigated the behavior of Michal Debski who – on the basis of the decision in question – became Optimus’s biggest shareholder. He also may be fined with PLN 1m. The fact that he bought Optimus stock was not revealed until the GSM when the private investor chose a new supervisory board and became its chairman.
A scandal broke after the GSM. Zbigniew Jakubas, Poland’s well-known investor, whose stake in the company fell from 22 to 14 percent, said that the decision of the supervisory board was falsified by the management. In June, the members of the supervisory board approved of the idea of Michal Lorenc who was then the company’s CEO, to raise the equity. A big shares issue was planned for fall.
Several days after the supervisory board met, Optimus started talks with Michal Debski. The company bought from him 45 percent of Zatra, Optimus partner, for PLN 4m. The private investor explained that Michal Lorenc did not find ways of financing and that’s why he offered him Optimus stock. A transaction was conducted just a while later. The investor acquired 30 percent of Optimus. He paid PLN 1 for every share, or seven times cheaper than the stock cost on the stock exchange. The former Optimus CEO said that Piotr Lewandowski was supervising this transaction. He was then the strategy and marketing director. Later on, the new supervisory board appointed him as the company’s CEO. He denied that he did it. An employee fired by Optimus said that the decision was written by Piotr Lewandowski and when it was signed, Piotr Lewandowski took it somewhere. Then someone added the point to the decision concerning an issue not directed to present shareholders. The expert hired by the prosecutor’s office will say if it is true.
(PLN 1=EUR 0.254)