Report: PM Janša formally indicted over 2005 real estate deal

Janša is one of the three persons indicted along with two former directors of companies that took part in multiple transactions, Branko Kastelic and Klemen Gantar, according to the newspaper.

The case revolves around a plot of land in the Trenta Valley in the Alps that Janša bought in 1992 and sold in 2005, at the time when he was prime minister the first time, for roughly EUR 131,000, nearly nine times the price he paid.

The buyer, the property developer Eurogradnje, then sold the plot, land along a river accessible only via a footbridge, for EUR 146,000 in 2005 to another company, Imos. The same year, Imos sold Janša a three-room apartment in the centre of Ljubljana for EUR 236,100.

The prosecution claims Eurogradnje paid EUR 100,000 more for the land than it was worth, which was then factored into the price of the apartment.

When Imos went...