26 Apr 2011

Croatian Businessman Arrested for Suspected Corruption

Bojan Milković, CEO of INA Industrija Nafta DD (INARA), was arrested on the 25th and ordered to be held in jail for 30 days on suspicion of corruption during his time at Crosco d.d., a subsidiary of INA.

The request for Mr. Milković’s arrest came from the Croatian Office for the Suppression of Corruption and Organized Crime (OSCOC) and is under investigation for activities that he undertook between 2002 and 2009, none of which is related to his current position. According to the OSCOC, Mr. Milković is accused of accepting bribes.

INA, which is the fourth largest employer in Croatia, pledged to assist in the investigation in any way possible. for the original story from Bloomberg News, please click here.

The photo of Mr. Milković is taken from INA’s web page.