Agrokor owner listed among Europe’s most wanted fugitives

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Ivica Todoric, the founder and owner of Croatia’s biggest private company Agrokor, is on the Europol’s list of Europe’s most wanted fugitives for suspected corruption, forgery of administrative documents and fraud, Croatian news agency Hina reported on Thursday.

Todoric, 66, is still the owner of Agrokor, the biggest retail chain in the region that was hit in January by a heavy debt crisis. The Croatian government took over the management of the company and is now trying to restructure and revive it.

On Oct. 16, Croatian police arrested former executives of the company on suspicion of a white-collar crime. They were all released from prison and now they are waiting for prosecution.

Todoric is not in Croatia and the court ruled one-month investigative detention for him in absentia.

On Thursday, after the news about Europol’s list broke out, Todoric wrote on his blog that he was not hiding and that his conscience was clear.

“As a man whose human rights are deeply violated I have the right to oppose political persecution,” Todoric wrote.

“My lawyers are in contact with the authorities and competent institutions who know my address even before any investigation has been initiated against me,” he said in the statement.

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