Richest man in Serbia jailed
Source: Agencies |
December 15, 2012, Saturday
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A JUDGE yesterday ordered the richest man in Serbia to be held in prison for 30 days pending trial on suspicion of corruption, as the government hailed his arrest as proof that no one is above the law in the graft-plagued country.
The arrest of influential billionaire retail tycoon Miroslav Miskovic is part of an anti-corruption sweep that the new nationalist government says is necessary if the country wants to move closer to European Union membership.
Miskovic, 67, was arrested on Wednesday along with his son Marko and eight others in connection with the privatization of several Serbian road construction firms in 2005, in which the suspects allegedly gained illegal profits of about 30 million euros (US$39 million).
The judge at Serbia's special court for organized crime ruled that Miskovic, his son and five others must stay in prison during the pre-trial investigation. The rest were freed.
"We are now starting with the investigations," public prosecutor for organized crime Miljko Radisavljevic said in Belgrade. "We will try to collect as much evidence as possible."
Miskovic is the owner of Delta Holding, the largest private company in Serbia, which deals with retail, real estate, insurance and agriculture business. His wealth in 2007 was estimated at some US$2 billion.
The arrest of influential billionaire retail tycoon Miroslav Miskovic is part of an anti-corruption sweep that the new nationalist government says is necessary if the country wants to move closer to European Union membership.
Miskovic, 67, was arrested on Wednesday along with his son Marko and eight others in connection with the privatization of several Serbian road construction firms in 2005, in which the suspects allegedly gained illegal profits of about 30 million euros (US$39 million).
The judge at Serbia's special court for organized crime ruled that Miskovic, his son and five others must stay in prison during the pre-trial investigation. The rest were freed.
"We are now starting with the investigations," public prosecutor for organized crime Miljko Radisavljevic said in Belgrade. "We will try to collect as much evidence as possible."
Miskovic is the owner of Delta Holding, the largest private company in Serbia, which deals with retail, real estate, insurance and agriculture business. His wealth in 2007 was estimated at some US$2 billion.
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