News 21 Jun 11

Sanader Suspected of 10-Million Oil Bribe

Croatian investigators suspect former prime minister of taking 10 million euros from the Hungarian company MOL in return for ensuring MOL's dominance in the Croatian oil company, INA.

Croatian Times, Balkan Insight
Ivo Sanader
Ivo Sanader | Fonet Archive

The Croatian daily Vecernji List said the Austrian Ministry of Justice had received a request from Croatia naming Ivo Sanader as recipient of a bribe, MOL’s head, Zsolt Hernadi, as the issuer, and Croatia's former deputy prime minister, Damir Polancec, as an assistant in the criminal act.

During 2008 and 2009, Sanader, then prime minister, and the president of MOL, Hernadi, had agreed to change the agreement between the Croatian government and MOL to allow the Hungarian company a dominant role over INA’s business. Sanader allegedly stood to get 10 million euros in return.

Investigators say it was arranged that the Croatian government would manage the non-profitable gas business, while MOL would handle the profitable part of operations.

Sanader was arrested on December 10 near Salzburg in Austria based on a warrant Croatia had issued for him. Since then he has been in custody in the Austrian city awaiting extradition. He is charged with abuse of power and embezzlement.

The cases being investigated include: his role in the case of the Fimi media agency, through which ministers and public enterprises got several million euros; illegal operations of Croatian electricity company withthe Dioki  petrochemical plant; taking a commission of 3.5 million kuna (about €500,000) during negotiations with the Hypo Bank on granting credit to Croatia.

An investigation against Sanader on suspicion of money laundering in a Tyrolean bank is ongoing in Austria.

On Monday, Sanader retracted his appeal against an Austrian court’s decision to extradite him to Croatia, where he is wanted on suspicion for abuse of power and embezzlement. The extradition is expected in two or three weeks.

Talk about it!

blog comments powered by Disqus

Related Headlines:

austria-says-sanader-can-be-extradited-to-croatia
09 May 11

Austrian Court Approves Sanader Extradition

A court in Salzburg has ruled that Austria can extradite former Croatian premier Ivo Sanader, accused of corruption in his home country.

04 Mar 11

Croatia's Sanader Faces New Corruption Probe

16 Dec 10

Police 'Find Sanader's Secret Bank Accounts'

10 Dec 10

Former Croatian PM Sanader Arrested in Austria

Premium Selection

ex-croatian-pm-s-success-doomed-from-start-06-22-2016
23 Jun 16

Croatia's Ex-PM Was Doomed From Start, Experts Say

The position of Croatia's now former Prime Minister Tihomir Oreskovic, a non-party candidate for the post, was highly problematic from the moment he took office.

former-sandzak-mufti-mulls-joining-serbian-government-06-22-2016
23 Jun 16

Former Sandzak Mufti Mulls Joining Serbian Government

Muamer Zukorlic, the controversial former mufti, businessmen and new member of Serbia’s parliament, is considering entering a new government if it offers Bosniaks some concessions. 

22 Jun 16

Balkan Countries Brace for British Vote on EU

22 Jun 16

Census Bombshell adds to Bosnia's EU Woes

21 Jun 16

Report Hailing Economic Growth Questioned

20 Jun 16

All Eyes on China in Serbian Steel Mill Town

Latest News from the Balkans

24 Jun 16

Balkans Shaken as UK Chooses EU Exit

24 Jun 16

Fears Grow For Hijacked Albanian Fishermen

24 Jun 16

Kosovo Probes Dubious KLA Veterans' List

24 Jun 16

Bulgaria Moves to Make Radical Islam a Crime

24 Jun 16

Romania to Curb Perks of Jailbird Authors

24 Jun 16

Islamophobia Summit Opens in Bosnian Capital

24 Jun 16

Albania Plans Memorial to Communism Victims