Tuesday, 20 November 2018 | News today: 22

Founder of ailing Agrokor company Todoric extradited from Britain to Croatia

he founder of the ailing Agrokor conglomerate, Ivica Todoric, arrived in Zagreb from London at 2050 hrs Wednesday after a UK court granted Croatia’s request for his extradition on October 25, HINA reports.

Todoric’s wife Vesna told N1 broadcaster that her husband would prove that he had not taken a single euro out of the company.

Todoric, his two sons Ivan and Ante and 12 Agrokor executives and auditors are under investigation for illegally syphoning more than HRK 1 billion from the debt-laden conglomerate. Only Todoric was ordered to be placed in detention, so he should be taken to prison immediately upon landing at Zagreb Airport.

Detention was ordered to prevent him from tampering with witnesses. Only one witness has not yet been questioned in the investigation launched last year.

Tomorrow morning he is expected to be interrogated by the prosecution. Todoric could be released pending trial after that the remaining witness is questioned.

Todoric was arrested in London on November 7 last year based on a European Arrest Warrant issued by Croatia. He fled to London after an investigation was launched in the Agrokor case, claiming that he was being politically persecuted by Croatian authorities.

He was released the same day after paying bail of one hundred thousand pounds and issued with precautionary measures.

Aside from Todoric and his son, the investigation includes Alojzije Pandzic, Damir Kustrak, Hrvoje Balent, Ivica Crnjac, Olivio Discordia, Marijan Alagusic, Sanja Hrstic, Mislav Galic, Tomislav Lucic, Piruska Canjuga, Ljerka Puljic and Ivica Sertic.