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FIVE IN BOSNIA INDICTED IN HERCEGOVACKA BANK CASE FOR EMBEZZLING EUR100 MLN

SARAJEVO, May 13 (Hina) - The department for organised crime and corruption of the Bosnian state prosecutor's office has prepared an indictment against former senior officials Ante Jelavic and Miroslav Prce and another three persons accused of embezzling some EUR100 million, several Bosnian dailies reported on Thursday.
SARAJEVO, May 13 (Hina) - The department for organised crime and corruption of the Bosnian state prosecutor's office has prepared an indictment against former senior officials Ante Jelavic and Miroslav Prce and another three persons accused of embezzling some EUR100 million, several Bosnian dailies reported on Thursday.#L# Apart from Jelavic and Prce, the indictment charges Miroslav Rupcic, former director of the Herzegovina osiguranje insurance company, Ivica Karlovic, former director of Hercegovacka banka, and father Ivan Sevo, a former member of the bank's management board. They are accused of embezzling about 100 million euros through Hercegovacka Banka which Croatia had sent as assistance to members of Bosnia's Croatian Defence Council and civilian victims of the war in Bosnia. Prosecutor John McNair, who is investigating the case, told the Banja Luka-based Nezavisne novine daily he had sent the indictment to the Court of Bosnia-Herzegovina, which he added would consider it after the document was translated. McNair said the filing of the indictment did not mean the Hercegovacka banka case was over. He added there would be another indictment with new suspects. Citing sources close to the investigation, Nezavisne novine speculates they might be retired generals Ljubo Cesic Rojs and Ivan Medic, and businessman Vilim Primorac. Jelavic, Prce and Rupcic have been in custody since January 23. (Hina) ha

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