Controversy over the funding of a film called The Curse of the Pharaoh has cost one of Poland’s most successful chief executives his job.
Ludwik Sobolewski, the president and CEO of the Warsaw Stock Exchange, was fired yesterday over allegations that he approached companies listed on the bourse to finance the film, which would star his girlfriend.
Mr Sobolewski denied doing anything improper. He was suspended in December after refusing an offer to resign quietly, and was formally removed at an extraordinary meeting of the exchange’s shareholders. He is being replaced by Adam Maciejewski, the WSE’s third head since its founding in 1991.
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