European Council President Donald Tusk

EU’s Tusk questioned in Poland over pyramid scheme

November 6, 2018

European Council President and former Polish Prime Minister Donald Tusk has undergone a 7-hour long interrogation by a parliamentary committee over the Amber Gold pyramid scheme in Warsaw…reports Asian Lite News

European Council President Donald Tusk

The commission was supposed to determine the scope of Tusk’s authority over state security and other offices.

Earlier, dozens of state officials have been interrogated by the commission in its efforts to investigate the responsibility for the scam, one of the biggest financial scandals in Poland.

Tusk, questioned on Monday, rejected allegations that the authorities failed to react in time, and reminded that a warning against Amber Gold was issued by the Polish Financial Supervision Commission. He said it was not the prime minister’s duty to issue such a warning.

Tusk’s son, Michal Tusk, who worked at the Amber Gold-owned OLT Express airline, also involved in the case.

Polish Press Agency (PAP) reported that commenting on Michal Tusk’s possible role in the affair, Tusk said he had no knowledge about a rumoured ban on inquiries into his son’s ties to Amber Gold, and called such a ban “improbable”.

Tusk was the final witness to be questioned in this case. The initial date of his hearing, scheduled for Oct. 2, was postponed, due to the local elections.

Amber Gold bank, which proved to be a pyramid scheme, encouraged clients to invest in gold and other precious metals and cheated thousands of Poles out of their savings during Tusk’s time as prime minister.

The founders of the scheme have been charged with swindling more than 18,000 people out of savings worth about 200 million euros (currently 1 euro equals about $1.14).

Previous Story

‘…Sabrina’ is a nod to new chilling adventures: Lisa Soper

Next Story

US unleashes ‘toughest ever’ sanctions on Iran

Latest from ASIA NEWS

‘A Day to Rejoice’

In its statement, British Friends of Israel saluted the courage and resilience of the hostages and expressed deep sorrow for those who

Hamas Frees Captives

The Israeli Air Force announced that it has completed its preparations to receive hostages returning from Gaza to Israel….reports Asian Lite News

Fragile Peace Returns to Gaza

Carrying bags, blankets, and a few salvaged belongings, families walked through the dusty highway under the afternoon sun. Many pushed carts or

Arab nations welcome Gaza deal

The Arab nations have welcomed the first phase of the Gaza ceasefire, urging immediate implementation, humanitarian aid, and renewed political dialogue to