By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Former Croatian PM Sanader convicted of war profiteering
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > WORLD NEWS > Former Croatian PM Sanader convicted of war profiteering
WORLD NEWS

Former Croatian PM Sanader convicted of war profiteering

Published: October 24, 2018
Share
SHARE

Former Croatian Prime Minister Ivo Sanader was sentenced on Monday to 2.5 years in prison for war profiteering and ordered to return to the state budget 3.6 million Croatian kuna (about 550,000 U.S. dollars).

Sanader was convicted because the court found that in the 1990s he received as the deputy foreign minister from the Austrian Hypo Bank a commission of 3.6 million kuna and helped the bank secure a privileged position on the Croatian market.

The Austrian bank was then offering loans to Croatia in order for the war-torn country to buy diplomatic buildings overseas.

Judge Jasna Galesic said in the explanation of the verdict that the bribe was used for personal gain and declined the claims of the dependant lawyers that a statute of limitations had started.

The court deemed it as war profiteering because the case happened during the war when the major part of the budget was used for the country’s defense. Sanader still has the right to appeal to the Supreme Court.

Sanader’s lawyers have announced that they will appeal, although the former Prime Minister will not go to jail because he has been in jail in Austria and Croatia on two occasions for more than 2.5 years.

Four more court proceedings are under way against Sanader, including the accusation that he had asked public companies to finance Croatian Democratic Union (HDZ) when he was the president of the party.

Sanader served as Prime Minister for two terms from 2003 to 2009. At the end of the second term he resigned without explaining the reasons.

He was involved in multiple corruption cases. He was arrested in late 2010 in Austria and was extradited to Croatia in July 2011.

(Source: Xinhua, photo vijesti.hr)

In 12 Years, the Montenegrin Police confiscated almost 27 Tons of different Drugs
Syrian President may have died in mysterious Plane Crash – Reuters
FAO: 673 Million People are hungry and 2.8 Billion cannot afford a healthy Diet
Strict Rules on the Borders of the EU, Longer Retentions at the Entrance to Croatia
What is the Number of Russian Citizens in BiH?
TAGGED:#court#Ivosanader#judgmentCroatia
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article “The Winter City” Festival will bring magic to BiH’s Capital!
Next Article Erdogan says Khashoggi’s murder premeditated, demands trial of Saudi suspects in Turkey
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2KFollowersLike
10.1KFollowersFollow
414FollowersFollow

Latest News

EFJ: Prevent the Shutdown of BHRT, urgent European Action needed
September 22, 2026
EUFOR Commander Meets Egyptian Ambassador to Strengthen Partnership in Support of BiH’s Stability
September 22, 2026
“Pantera” Police Action against Drug Trafficking is ongoing
September 22, 2026
BiH Presidency Member submits Report to SIPA against Foreign Minister
September 22, 2026
“Future is the EU” – Young People call for more Opportunities to learn, work and build their Future
September 22, 2026
Sarajevo to host the Regional Ministerial Meeting organized by Transport Community
September 22, 2026
“Sarajevo’s Problem is not Scooters, but 40,000 Motor Vehicles”
September 22, 2026
Race for the Cure in Sarajevo: A Run and Walk for Life, Health, and Solidarity
September 22, 2026
Demographic Policy has made Siroki Brijeg a desirable Place to live
September 22, 2026
BiH National Team Begins Nations League Preparations with Training at Grbavica Stadium
September 22, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?