Article: Former Managing Director P.F. Ordered to Pay for Compensation.

The court has this morning ordered by interlocutory decision that

ex-director P.F. of the former Industry & Supply division of Ballast Nedam is liable to pay an amount of approximately EUR 20 million to Ballast Nedam N.V (see also Ballast Nedam Nv).

The court ordered also that several associated parties of P.F. are jointly liable for a substantial part of the damage. This includes damage inflicted as a result of fraud and forgery.

The decision of the court is a interlocutory decision, which means that only on a part of the claims the court has made a decision. The proceedings will be continued en the court shall decided on the other claims in ...

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