Commisison finds Karamarko is in conflict of interest

The Conflict of Interest Commission on Wednesday decided that Deputy Prime Minister and HDZ leader Tomislav Karamarko was in conflict of interest when he had been expressing his personal views and suggestions that Croatia should abandon the arbitration proceedings with MOL over the Croatia's oil and gas company INA, and that this was evident when Karamarko expressed his opinions at the HDZ-Bridge Council for Cooperation in early May.

The Commission established that Karamarko has found himself in a situation when his private interests could influence his performance in the government and that he should not be involved in decision-making regarding the INA-MOL arbitration.

Croatia's government and MOL, INA's two major stakeholders, are involved in two arbitration proceedings over their relations in INA.

The Commission has inquired the potential conflict of interest in which Karamarko may be due to business relations between the Drimia company, owned by his wife Ana, and the Peritus Savjetovanja company owned by Josip Petrovic, MOL lobbyist and consultant, for two years after Karamarko took the helm of the Croatian Democratic Union (HDZ) and due to the friendship between Karamarko and Petrovic.

Last update: Thu, 23/06/2016 - 15:40

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