ZAGREB, Sept 29 (Hina) - Zagreb police have filed charges against Miroslav Kutle, 43, for having caused some DM15 million damage to his company "Globus holding" by selling "Diona" company shares, also in his ownership, to Globus
holding by double the purchase price, Zagreb police spokesman Goran Volarevic told reporters Friday. Kutle thus achieved illegal personal gain of DM15,271,000, which is the amount Globus holding paid him in the period from 1995 to 1998. Using the same method, Kutle damaged Globus holding for about 1,600,000 kuna (US$190,476), selling it shares of the "Univerzal" company from Bjelovar. Police filed criminal charges against Kutle before the County State Prosecutor's Office on two counts, the abuse of position and authority for significant illegal personal gain. Kutle is already in custody and being investigated in connection with white-collar crime by which he caused damage
ZAGREB, Sept 29 (Hina) - Zagreb police have filed charges against
Miroslav Kutle, 43, for having caused some DM15 million damage to
his company "Globus holding" by selling "Diona" company shares,
also in his ownership, to Globus holding by double the purchase
price, Zagreb police spokesman Goran Volarevic told reporters
Friday.
Kutle thus achieved illegal personal gain of DM15,271,000, which is
the amount Globus holding paid him in the period from 1995 to 1998.
Using the same method, Kutle damaged Globus holding for about
1,600,000 kuna (US$190,476), selling it shares of the "Univerzal"
company from Bjelovar.
Police filed criminal charges against Kutle before the County State
Prosecutor's Office on two counts, the abuse of position and
authority for significant illegal personal gain.
Kutle is already in custody and being investigated in connection
with white-collar crime by which he caused damage to the Tisak
newspaper distributor.
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