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Former Croatian PM Ivo Sanader Found Guilty – 10 Years Jail

Former Croatian Prime Minister Ivo Sanader has been found guilty of war profiteering and receiving a bribe in the Zagreb County Court this morning and has been sentenced to 10 years in jail.

Judge Ivan Turudic agreed with the prosecution’s case that Sanader was a war profiteer for taking a commission of 3.6 million kuna (500,000 euros) from Austrian bank Hypo Alpe Adria in the mid nineties when they entered the Croatian market and that he had betrayed the country’s national interests by taking a 10 million euro bribe to ensure Hungarian oil company MOL a dominant position in Croatia’s oil giant INA.

Sanader was sentenced to 3 years and 6 months for the Hypo Alpe Adria charges and 7 years and 6 months for the INA-MOL charges. He was also ordered to pay 3.6 million kuna back to the state. The state anti-corruption office USKOK were seeking the maximum 15 year prison sentence.

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