Ivica Todoric

Croatia's Agrokor Ex-Boss to Be Freed on €1 Million Bail

Zagreb County Court spokesperson Kresimir Devcic said on Tuesday that the court has decided that former Agrokor owner Ivica Todoric can be given a conditional release from pre-trial custody after the investigating judge received confirmation that one million euros in bail has been paid.

Croatian Court Sets Million Euro Bail For Todoric

Zagreb County Court spokesman Kresimir Devcic said the court had decided that former Agrokor boss Ivica Todoric can avoid pre-trial jail by paying a hefty bail sum.

"The judges have altered the decision of the investigating judge regarding bail. They believe that, with appropriate precautions in place, bail can serve the same purpose as investigative detention," Devcic said.

Croatian Ex-Minister: 'No Corruption' in State Takeover of Agrokor

Former Economy Minister and Deputy Prime Minister Martina Dalic launched her new book 'The Collapse of Crony Capitalism' on Monday, insisting there was no corrupt conspiracy involved in the government's efforts to save Croatia's heavily indebted food and retail company Agrokor.

UK Court Backs Agrokor Chief's Extradition to Croatia

London's Westminster Magistrates Court on Monday ruled that there are no legal obstacles for Ivica Todoric, owner of indebted food and retail company Agrokor, to be extradited to Croatia.

Media reported on Monday that, under UK law, Todoric's lawyers had failed to prove that he was a victim of political persecution in his home country.

Owner of Croatia's Indebted Agrokor 'Had Financial Control'

A former executive from the ailing Croatian conglomerate Agrokor, Mislav Galic, was questioned at the state attorney's office in Zagreb on Tuesday and presented a document which allegedly shows how all the major financial decisions were made by company's owner and founder Ivica Todoric.

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