Kosovo Telekom accounts blocked, at risk of bankruptcy

So has a source of gold.info revealed within the public company.

“has all bank accounts blocked, this happened about half an hour ago”, this source said.

The blockade has come after days earlier the Constitutional Court Pristina has recognised the right to the company “Dardafone.net LLC” for completing (resulting) of the debt to millions by refusing to reverse (oppossession) imposed by Kosovo Telecom.

To the latter, companies have responded as they sought assistance from the State Prosecutor and the Government of the Republic of Kosovo.

The company's communiqué, among other things, reportedly is being threatened with bankruptcy.

With a decision by the Foundation Court in Pristina on the date. 6.07.2020 was rejected by Kosovo's Debitor Telekom and passed to the private owner the final order for the amount of financial obligation of around 24.6 billion Euro. With this decision of accelerated end-procedure, unconsidered and deemed enough, Kosovo Telecom is threatened with bankruptcy. While there are opportunities to complain at the Court of Appeals, the same does not necessarily presumption the execution of the final order”, it says in response.