WARNING!!

Once upon a time some twenty-old years ago, western businessman worned us, taht Tax Board and Banks are their biggest enemies. We soon found out that the Tax Board really is an enemy, but it was only recently that we lost our trust in banks....



21.01.2010. Eesti Ekspress. ‘Woman (Rita Tali) continues her fight against formidable bank’


This is an interesting dispute where the bank demonstrates its complete disregard of people and gives an unfortunate woman the run-around… the main thing is getting its money back!!

Follow-up to the article published a year ago ‘Woman in despair speaks of her life as victim of a bank’, where freelance translator Rita Valdna (now Tali) accused Swedbank of cruel business practises. The bank lent a million kroons to her ex-husband's company, but demanded it back from Valdna, who had pledged her home as collateral during her marriage. Although Valdna asked the bank to register the claim in her name so she could immediately start paying it back, the bank refused and gave her the run-around for years. The bank had the woman's farm seized and put it up for sale. Both the county court and the circuit court ruled in favour of the bank and the Supreme Court refused to hear the case. The case has now been referred to the European Court of Human Rights.
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