1. It is currently owned by the privatization agency, Treuhand. 2. On the same day, the Ministry of Privatization will cease to exist, with responsibility for the sale of smaller companies going to a new privatization agency. 3. The privatization agency has five Wall Street investment bankers on staff, their salaries paid by the U.S. Agency for International Development. 4. After the scandal broke, Horn had little choice but to fire a close associate, Privatization Minister Tamas Suchman, and the top leaders of the privatization agency. 5. But the head of the privatization agency, who is with the extreme left party in the governing coalition, then accused Meciar of sidelining his smaller partners. 6. Details of the deal will be announced next week, said Radu Sarbu, head of the State Ownership Fund, the Romanian privatization agency. 7. Earlier Thursday, Yeltsin appointed a former Chubais aide to head the privatization agency Chubais ran until he was forced out of the government. 8. Earlier Thursday, Yeltsin appointed Chubais ally to head the privatization agency Chubais ran until he was forced out of the government. 9. He said he plans no major personnel changes at the privatization agency. 10. Horn testified that the government was not involved in the negotiations between the privatization agency and the municipalities. |
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