SERBIAN BUSINESSMAN ARRESTED: He defrauded his company for 30 MILLION EUROS !

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The police arrested a Belgrade businessman Dejan Babić, the majority owner of the company “Toza Marković Kikinda“ this morning.

Besides him, six more persons who defrauded this company for 30 million euros were arrested.

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They are suspected that in the period from 2006 to 2013 they were taking loans from banks, and after the loan money was in the account of “Toza Marković”, they would transferred it to other Babić's companies on the basis of the alleged loans that were never returned.

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Until then, the businessman unknown to the public, bought a number of Serbian companies during the process of privatization, and it is believed that he has several hundred millions.

(Telegraf.co.uk/ Blic)

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