“As the shareholders of Sava are due to decide on Tuesday whether to sell the holding’s 37.6% stake in the bank Gorenjska Banka to the Serbian bank AIK, the papers report that the latter no longer has the clearance from the Serbian central bank to increase its stake in the Slovenian bank.

According to Finance, the Serbian National Bank withdrew the clearance after finding several irregularities at the bank owned by Serb tycoon Miodrag Kostić.

Meanwhile, Delo reports that Andrej Andoljšek had tendered his resignation as Gorenjska Banka chairman on Monday morning, allegedly because he would not want to be on the team of the Serb tycoon.

Delo reported earlier that the Serbian central bank had already notified its Slovenian counterpart of the alleged irregularities found at AIK Banka, but the Slovenian central bank would not comment on the matter.

It is not clear whether the vote on the sale of Sava’s stake in Gorenjska Banka to AIK Banka will still go ahead at today’s meeting.” (Slovenia Times)