Wednesday, January 20, 2010

Scandal!

Liz Hasseld

In Croatia on Moday, Police arrested ten people. This was a part of a huge financial investigation into the local food producer "Podravka". The arrests included the company manager and directors and managers of firms that have worked with company in the past.Some of these businessmen are rumored to be close with the former Deputy Prime Minister and Minister of Economy, Damir Polancec.

Last October, several company officials were arrested for allegedly intending to buy company shares and take over the firm with its own money. This scam cost the Croatia approximately 34.5m euros. Polancec resigned right after the scandal but denied that he had anything to do with the dealings.

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