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Kováč was elected president by the National Council of Slovakia in February 1993 (because he was a candidate of the biggest parliamentary party—the Movement for a Democratic Slovakia) and inaugurated on 2 March 1993. He soon became a strong opponent of Prime Minister Vladimír Mečiar and by giving a critical presidential address to parliament in March 1994, Kováč significantly contributed to the deposition of the then Mečiar government and the creation of the Moravčík government (which only lasted until the next parliamentary election in the autumn of 1994).
In 1995 the Mečiar-Kováč conflict intensified and the Movement for a Democratic Slovakia cancelled Kováč's (formal) membership in the party. In August 1995 Kováč's son, who had been accused of financial crimes by German authorities (the accusation was later withdrawn), was kidnapped and taken to Austria. The president, opposition parties and Austrian court accused the Slovak intelligence service (SIS) and the government of having organized the kidnapping. The investigation of new secret intelligence service director Mitro and Slovak police after collapse of Mečiar's regime in the end of 1998 confirmed the participation of the SIS in the abduction, but Slovak courts rejected the trial of its suspected actors because of an amnesty issued by Mečiar on 3 March 1998. This amnesty was revoked in 2017 and in a case over a potential European Arrest Warrant, the European Court of Justice was asked to rule on the legality of the proceedings against the suspected kidnappers (case C‑203/20).
Kováč's term ended on 2 March 1998. His candidature in the first direct 1999 Slovak presidential election was unsuccessful. He mostly withdrew from politics afterwards and appeared only at a few symbolic events.
Health and death
On 10 July 2008, Slovak media reported that Kováč probably suffered from Parkinson's disease. Kováč did not confirm this information but admitted that he had some health problems.[citation needed]
On 5 October 2016, Kováč died from complications of Parkinson's disease in Bratislava, aged 87.
In 1993, Kováč became the first winner of the Golden Biatec Award, the highest award bestowed by Slovakia’s Informal Economic Forum – Economic Club.[7]
