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Judgement in HZ fraud trial to be delivered on 30 Sept

ZAGREB, Sept 21 (Hina) - A verdict in the trial of a former CEO of the Croatian Railways (HZ) company, Davorin Kobak, charged with siphoning off 3.7 million euros from HZ through the firm Agit, will be delivered by the Zagreb County Court on 30 September.

The date for the judgement hearing was announced on Wednesday by the trial chamber's president, Renata Milicevic, after both the prosecution and defence teams made their closing arguments.

The other accused are former Agit manager Biserka Robic, her associate Andrija Saric, and a former manager of the Serbian national rail company, Vladimir Vasiljevic. They are all charged with abuse of office and concealment of ill-gotten gains. The Croatian anti-corruption agency USKOK charged them for conspiring to syphon off money from the HZ, thus defrauding the company of more than EUR 3.7 million and obtaining illegal gain in the amount of more than EUR 3.2 million. Under the indictment, they conspired, in the period between 2002 and 2008, in Zagreb, Mostar, Banja Luka and Graz, to syphon off money from the Agit company.

Kobak, Robic and Vasiljevic pleaded not guilty, while Saric admitted to the charges.

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