Exhibit 10
EMBASSY OF FINLAND
Nr. 2026/95
Vilnius, 12 December, 1995
Dear Mr. ______________
I have been authorized, with reference to Your letter to Prime Minister Paavo Lipponen from
September 4, 1995, to convey to You some considerations in connection with the bankruptcy case of
the HAKA company.
We are deploring the state of affairs, caused by the the bankruptcy of the construction
consortium, formed by the HAKA and ARGE BENOBA companies.
In Finland the case is handled according to the bankruptcy laws of Finland. The final decision
will be made by the corresponding court of the first instance and the meeting of creditors. According to
the law, the Government of Finland or the Finnish officials have no possibility to influence the hearing
of the case. Likewise, the Government of Finland is not aware of what the enterprises, belonging to the
consortium, have agreed upon the economic administration of the consortium during the construction
period.
According to the law, the Government of Finland has no right to decide upon die assets of the
bankrupt’s estate; the questions, concerning it, will be settled in the bankruptcy proceedings. The
Finnish Government has not at its disposal budget resources to be assigned to the needs like this case.
Please, accept, Mr. ______________, the assurances of my highest consideration.
T.V. Tolvanen
Ambassador of Finland
Mr. _______________
Head of Administration of the President
Deputy Prime Minister
of the Republic of Belarus
Minsk
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