Euroshareholders, an European group who keeps itself busy with the issues of the shareholders, wants a replacement of the members of the Board. This is because the Board of Fortis is responsible for incorrect information, a failing management and also the elimination of the value of 50 billion euros in the past year. Furthermore the group says that the members of the Board aren’t going to be tended to give more information, because they will be afraid that it will damage their position. However the most important activities became nationalized by the Dutch, the Belgian government and the government of Luxembourg, Fortis, who went public on Tuesday (after a week been suspended), lost almost 80%.
Jessie Vanslembrouck
http://www.tijd.be/nieuws/ondernemingen_financien/Euroshareholders_vraagt_Fortis-bestuur_op_te_stappen.8091036-433.art?highlight=Fortis
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