Police Launch Corruption Probe at Slovenia Bank

As part of the extensive criminal investigation, which began this morning, officials are looking at a number of alleged crimes related to the bank's economic activities in Croatia, as well as possible money laundering.  

It is suspected that Slovenia's second largest bank lost a large sum of money as a result of the alleged crimes, B92 reported.

In addition to the raids at the NKBM headquarters in Maribor and the home of former CEO Matjaž Kovačič, police are also collecting evidence in Zagreb and Zadar in neighboring Croatia. The effort in Slovenia involved 85 police officers.

Croatian and Slovenian investigators searched six locations in Zagreb and Zadar as well as 12 in Maribor and Celje as part of a joint investigation into corruption in KBM Projekt, a company the NKBM set up in Croatia, according to TPortal.

The Croatian Police Directorate told the media their Slovenian colleagues had requested assistance.