Guarantee Scandal in Poland
After failure of the building A2 highway in Poland, by COVEC this bank had to repay the guarantee, to the Polish govt. roads organization GDDKiA. However, with Export-Import Bank of China, they refused to pay this, and only Deutsche Bank sent his part of the money required by court.
Read more about this topic: Bank Of China
Famous quotes containing the words guarantee, scandal and/or poland:
“Beyond the horizon, or even the knowledge, of the cities along the coast, a great, creative impulse is at workthe only thing, after all, that gives this continent meaning and a guarantee of the future. Every Australian ought to climb up here, once in a way, and glimpse the various, manifold life of which he is a part.”
—Vance Palmer (18851959)
“Gossip isnt scandal and its not merely malicious. Its chatter about the human race by lovers of the same. Gossip is the tool of the poet, the shop-talk of the scientist, and the consolation of the housewife, wit, tycoon and intellectual. It begins in the nursery and ends when speech is past.”
—Phyllis McGinley (19051978)
“It is often said that Poland is a country where there is anti-semitism and no Jews, which is pathology in its purest state.”
—Bronislaw Geremek (b. 1932)