A settlement with Aziz Sadžak, one of the three complainants in the Ališić case, for payment of pecuniary loss was based on the methodology provided in the law on the manner of execution of the judgment passed by the European Court of Human Rights.

The State Secretary at the Ministry of Finance Irena Sodin, the high Slovenian representative for succession issues Ana Polak Petrič, and Sadžak's legal representative Bešila Mujčina all agreed that the settlement is an important sign for the Board of Ministers of the Council of Europe, that will evaluate the fulfilled judgments for Slovenia, as one of the original complainants had agreed with the stipulations of the law.

The settlement will also give a clear sign to other savers of the former Ljubljanska banka (LB) that their foreign currency deposits will be fairly reimbursed based on the law, Mujčin said. Emina Ališić also agrees with the settlement, but she has not delivered an adequate authorisation as yet; consequently he has signed the agreement with Slovenia only in the name of Sadžak.

The fact that Sadžak, whose claim was among the highest, decided in favour of the settlement, Polak Petrič interprets as the proof that solutions stipulated in the law are correct, and that Slovenia is serious about it. Lawyer Mujčin at that occasion warned the savers that they should not fall for numerous promises that somebody else might win even more for them in a new procedure.

Next the suitability of the payment settlement will be estimated in the end of September by the Board of Ministers of the Council of Europe, and if the Board agrees with this solution, new lawsuits won't be possible any more, Mujčin warns.

G. K. Translated by G. K.