Police want to file charges against former IPB managers

The police have once again proposed filing charges against six former IPB bank managers for breach of trust. The financiers allegedly ordered a series of dubious bank transactions in an effort to rid the IPB bank of four bad loans. They lent nine billion crowns to firms tied with IPB but the bank never got the money back. The police first proposed filing charges against them in May of 2006 but the State Attorney returned the case, citing lack of evidence.