Ján Počiatek Explained

Ján Počiatek (born 16 September 1970) is a Slovak politician.

Early life and education

Počiatek speaks English fluently and also has an advanced knowledge of German and Russian. Počiatek is a graduate of the University of Economics in Bratislava. He graduated in 1997 as a qualified engineer in economics.[1]

Career

Počiatek served as Minister of Finance from 2006 to 2010,[2] and as Minister of Transport, Construction, and Regional Development from 2012 to 2016, both in the government of Prime Minister Robert Fico. Under his leadership, Slovakia agreed a 1.9-billion-euro ($2.1 billion) public-private partnership for a consortium led by Spanish infrastructure group Ferrovial’s Cintra unit to build two highways in the capital Bratislava.[3]

Other activities

Recognition

For his contribution in preparing Slovakia's entry into the Eurozone, the international financial affairs publication The Banker named Počiatek as the "Best finance minister for the year 2008 in Europe."[6]

Controversy

Počiatek caused controversy when he participated in a yacht trip on the Mediterranean organised by a private equity group accused of profiting from currency speculation before the koruna was revalued against the euro in May 2008. Pociatek denied wrongdoing but later apologised.[7]

By late 2008, opposition pressure was mounting again to dismiss Počiatek over his alleged mishandling of a court case involving state-owned lottery company Tipos.[8]

In 2019 video of Počiatek recorded through a candid camera in the prosecutor general's office (Dobroslav Trnka) was leaked, in this video Počiatek openly discussed and joked about corruption skills of Slovak National Party leader Ján Slota, and discussed with Trnka how to cover up the Tipos mishandling.[9]

See also

Notes and References

  1. http://www.finance.gov.sk/en/Default.aspx?CatID=20 Ministry of Finance of the Slovak Republic
  2. Web site: Historical summary of the Ministers of Finance of the Slovak Republic since 1969 till present. Ministry of Finance of the Slovak Republic.
  3. Tatiana Jancarikova (February 17, 2016), Slovakia approves 1.9 bln euro highway deal with Ferrovial unit Reuters.
  4. http://www.ebrd.com/documents/comms-and-bis/pdf-annual-report-2009-english.pdf 2009 Annual Report
  5. https://www.eib.org/attachments/general/reports/fr2007en.pdf 2007 Annual Report
  6. http://www.finance.gov.sk/en/Default.aspx?CatID=289&NewsID=41 Ministry of Finance of the Slovak Republic
  7. https://www.ft.com/content/24c0c498-b0c9-11dd-8915-0000779fd18c European finance ministers: profiles
  8. https://www.nytimes.com/2008/12/15/news/15iht-15oxan-SLOVECON.18692158.html SLOVAKIA: Fastest-growing EU economy is slowing down
  9. Web site: Leaked video shows Smer's former fin min talk corruption with Trnka. a.s. Petit Press. 2019-12-01. spectator.sme.sk. en. 2019-12-26.