New probe into Dinamo soccer officials for HRK 70 mln graft

The USKOK anti-corruption office has launched another probe into the executive director of the Dinamo Zagreb soccer club, Zdravko Mamic and six others suspected of siphoning almost HRK 70 million from the club.

This is the third investigation against the soccer boss who was previously released on parole and USKOK will not request investigative custody in this instance.

Mamic's brother, Zoran, and son Mario are also suspected in the latest investigation along with former Dinamo director Damir Vrbanovic, businessmen Igor Krota and Sandro Stipancic, and one other suspect.

The latest investigation of the most powerful person in Croatian football is also based on inquiries by the Financial Ministry's tax fraud investigators, and like in the previous investigations, Mamic and others are suspected of conspiring to siphon funds from Dinamo through off-shore companies and from transfers of Dinamo players.

Mamic is suspected that together with the other suspects they made fictitious agreements and contracts between Dinamo and companies from Switzerland, Great Britain, the United Arab Emirates, Hong Kong, the USA and other countries regarding fictitious brokering services in player transfers. The companies would then send invoices for the fictitious services that Dinamo paid. 

Mamic is further charged that he concluded a contract that specified that only certain players were given rights to be paid 50% of future transfers which should have been paid entirely to the club and that this money then ended up in foreign companies. USKOK suspects that at least HRK 69.2 million has been funnelled from the club.

Mamic was previously investigated on suspicion that he, his brother Zoran, Vrbanovic and tax official Milan Pernar embezzled at least HRK 117.8 million of the club's money and defrauded the state budget of at least HRK 12.2 million in unpaid taxes and that they siphoned more than EUR 10 million and GBP 500,000 through off-shore companies.

 

(EUR 1 = HRK 7.66)

Last update: Mon, 08/02/2016 - 13:42
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