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CROATIAN OIL COMPANY'S CEO REFUTES ACCUSATIONS

ZAGREB, May 6 (Hina) - The president of the Board of Directors of Ina, Tomislav Dragicevic, on Tuesday rejected accusations from charges that, according to some media, have been pressed against some senior managers of Ina with regard to oil supplies.
ZAGREB, May 6 (Hina) - The president of the Board of Directors of Ina, Tomislav Dragicevic, on Tuesday rejected accusations from charges that, according to some media, have been pressed against some senior managers of Ina with regard to oil supplies. #L# Dragicevic labelled the accusations as totally ridiculous an announced that Ina would engage foreign experts to investigate the entire matter. "If any neglect existed, that may have been possible, but I do not believe that there were any criminal dealings," Dragicevic said at a press conference at Ina headquarters. Some dailies reported that the Office to Prevent Corruption and Organised Crime raised criminal charges against Dragicevic and three other Ina officials, Zeljko Vrbanovic, the supply office director Milovan Buchberger and Zdenko Miokovic in Ina's trading department. According to the press, they have been charged with deliberately ordering oil from two large suppliers - the French Elf Trading and Chinese Sinochem at higher prices rather than purchasing oil on the spot market. In this way they damaged Ina for around ten million dollars. (hina) sp ms sb

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