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SDA assured thousands of privileged pensions. Investigators interested in Radoncics jacht, plane, car. Mayor arrested for corruption.
The former government mandates when the Party of Democratic Action, SDA, ruled in the Federation entity, provided pensions with priviledges for 22.764 persons on whom around 5,5 million euro is spent every month, or around 60 million a year. The current government is considering lowering those payments but the pensioners already demand more money.
Due to multi-million transactions made trough Avaz company, which recently Fahrudin Radoncic sold to his ex-wife, the responsible institutions are interested to see where the money came from and were all the taxes payed. The investigators are interested not only in Radoncic's companies but also in jacht, aircraft and a Cadillac he owns.
Milovan Cerek, mayor of Brod, was arrested after he signed a contract with a company 2D Zivkovic from Derventa, to build a swimming pool, because he said the rule is to give him, as a mayor, five per cent of the total amount of money to be invested, Nezavisne novine learned from a source.
Balkan Insight has not verified the facts in the original press reports and cannot vouch for their accuracy.
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