• subota, 26 jul 2025

Medojevic: I shall sue Telekom if I do not receive my dividend this year

Medojevic: I shall sue Telekom if I do not receive my dividend this year
Director of the Centre for transition, Nebojsa Medojevic, announced today that he would sue the Telekom of Montenegro in which he had invested his voucher points and would request recompense in case this company did not pay his dividend for the year 2001. Medojevic said for Montena-business that he would inform the Telekom and Assembly of Shareholders that he had invested his voucher points in their company on December 5, last year, and therefore he would request payment of the dividend this year. “If the Management of the Telekom referred to the regulations of the Council for privatisation and the Government and decided that it could not pay the dividend before the term specified, that is, before the year 2003, I have no choice but to sue them and request recompense,” claims Medojevic. He is of the opinion that companies must pay dividends to all citizens that entrusted them with their voucher points in MVP auction. “There is no need to wait for the next year, because we are the official owners of shares from the date of our investment of voucher points. Why should we wait for the state, which needs four months to register the shares in the Central Depositary Agency,” explained Medojevic. He said that every citizen had the right to sue and get recompense in case dividends were calculated this year and given a year later. Medojevic added that it would be best if courts of law were stacked with great number of complaints because the Council and the Government would have to respond. “It is always the same – they pass a Law and several days later they start preparation of the Regulation that would define the same field. Decision on amendment of the Regulation on ways of issuing, acquiring and use of privatisation vouchers, which they have recently completed in the form of proposal is yet another proof for it, because with it, they regulate something that should be regulated with the Law on economic societies,” said Medojevic. He also announced the complaint to the Constitutional Court of Law, on the basis of which he would request the investigation of validity and constitutionality of the Law on securities that states that only four broker companies could sell the property and shares at the stock exchange on behalf of the citizens. “Monopolistic status of this companies has been regulated by the Law, and it is not clear why should one be obliged by the law to entrust the sale of his property to brokers. Every citizen should be able to decide by himself how he would sell his property on the stock exchange, as it is done everywhere in the world,” said Medojevic.