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Korčok faces criticism over payment through his wife's company

Progressive Slovakia deputy chairman Ivan Korčok is facing criticism over the way he received payment for his work for the movement. According to media reports, PS paid approximately 68,000 euros last year to the company Eustra, which is owned by Korčok's wife. The movement stated that the money was directed toward Korčok's expert and political work. domov.sme.sk ↗

Korčok confirmed that a payment equivalent to a member of parliament's salary was sent to his wife's company's account. He explained this by saying that as a politician he did not want to be listed in any company, and therefore he withdrew from their joint company in February last year. After the criticism, he announced that he would set up a trade license (živnosť) to avoid doubts about the transparency of his remuneration. teraz.sk ↗

The method of payment was criticized by the Zastavme korupciu (Stop Corruption) Foundation, according to which the Progressives are using mechanisms similar to those they criticized the Smer-SD party for when it came to transferring party money. An expert in finance and taxation stated that such a model appears to be a way of circumventing the payment of taxes and levies. Several reactions also point out that working for the party itself is not evidence of corruption — the problem lies mainly in the form of payment through the company of a person close to the politician. SITA ↗

The case may further open up the question of political party financing rules and the way politicians declare income from their own movements. Korčok's announced change is meant to show whether PS can put the criticism to rest with a more transparent approach to remuneration. Refresher.sk ↗

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Economy & Business 👤 ivan korčok 🏢 eustra 🏢 nadácia zastavme korupciu
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