Slovenian committee hears case for probing Adria sale

Slovenia's parliamentary finance committee has held an urgent session to discuss the adverse effects of Adria Airways' privatisation, following a highly-critical request from the left-wing Levica political party. Levica had proposed that the finance committee order the state Court of Audit to examine the contract under which Adria was sold to 4K Invest when the company was privatised in 2016. It also sought to spur the Slovenian govt to explore the conditions under which it could establish a new state-owned airline, with the support of ex-Adria employees. Convening of the committee Oct 11 followed a strongly-worded formal request from Levica member Matej Vatovec – 3 days before Adria filed for bankruptcy Sept 30 – in which he condemned the sale. <br/>