Browse > Croatia Travel Blog Home / Croatia Travel / Senior officials of Croatian Privatisation Fund arrested on corruption charges

Senior officials of Croatian Privatisation Fund arrested on corruption charges

hpf1.jpgAccording to Croatian media, three senior officials of Croatian Privatisation Fund has been arrested for alleged corruption and fraud.

Croatian Chief Prosecutor says six people have been arrested and one more is being sought.

The Croatian Privatization Fund was established to implement and complete the privatization of former socially-owned enterprises, assets and legal persons in its portfolio wherein the state institutions State Agency for Bank Rehabilitation and Guarantee of Saving Deposits, Croatian Pension Insurance Institute, Croatian Health Insurance Institute, HEP, INA. Croatian Bank for Reconstruction and Development  hold shares and business interests.

Currently, The Croatian Privatization Fund’s portfolio comprise of shares and stakes in a total of 1,112 companies, including 153 tourist companies. The equity base of these companies is HRK 177.6 billion, while the equity of the State”s portfolio amounts to HRK 21.8 billion.

Filed Under Croatia Travel 

Write a Comment:




Similar Info About Travel to Croatia You May Like:

  • Croatia to auction three hotel compaies
    • :Croatia is auctioning majority stakes in three hoteliers. The Croatian Privatisation Fund HFP, the state asset-sales agency, has called a public tender for the sale of...
  • Privatisation of Hotels in Croatia
    • : An article titled ' Hotels a hard sell in tourist magnet Croatia' is about privatisation of some Croatian hotels. It was published today in International Business...
  • Thomsonfly discounts seats to Dubrovnik
    • :Thomsonfly is discounting two million seats by up to 50 per cent . Flights from Manchester to Dubrovnik as well as flights from London to Dubrovnik...
  • Flybe will fly to Dubrovnik and Split
    • :Flybe, Europe’s largest regional airline, yesterday launches its first flights of the summer season, bringing a total of 13 brand new routes to travellers in...
  • Japan Airlines flights to Zagreb and Dubrovnik
    • :Japan Airlines (JAL) and Japan Travel Bureau (JTB) have decided to jointly operate a series of charter flights offering package tour to Europe in summer...