Skip to content

Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Bill Steinman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

Former Croatia leader convicted (again) of bribery

Ivo Sanader, ex-PM of Croatia, photo credit to NATOA court in Croatia on Tuesday convicted former prime minister Ivo Sanader of pocketing millions in state money while in office and sentenced him to nine years in prison.

The court in Zagreb ruled that Sanader and his associates siphoned millions from state-run companies. They moved the money through both private bank accounts and the treasury of the Croatian Democratic Union party.

Sanader was ordered to return €2 million (about $2.8 million), and his former conservative party must repay about €3.8 million ($5 million).

Four other defendants were given prison sentences of up to three years.

Judge Ivana Calic said the defendants “were elected to enforce the law, not to break it.”

Sanader, 60, denied guilt and said the charges were politically motivated.

He was prime minister from 2004 to 2009.

Sanader, the highest-ranking former official ever tried in the Balkan country, was also sentenced to 10 years in prison in a separate bribery action in 2012.

In that case, he was found guilty of accepting a €10 million ($13 million) bribe from a Hungarian oil company in return for controlling rights in Croatia’s state oil company, INA.

_____________

Julie DiMauro is executive editor of FCPA Blog and can be reached here.

Share this post

LinkedIn
Facebook
Twitter

Comments are closed for this article!