Dinamo boss placed in investigative custody

The chief executive of the Dinamo Football Club, Zdravko Mamic, was placed in investigative custody on suspicion of financial wrongdoing on Thursday and his bail was set at 15 million kuna (2 million euros).

Investigative custody was also ordered for his son Mario and businessmen Sandro Stipancic and Igor Krota. The court turned down the prosecutor's motion to remand the head of the Croatian Football Federation, Damir Vrbanovic, on account of 1 million kuna bail he had posted in July when an investigation was launched on suspicion that Zdravko Mamic had siphoned millions of kuna from Dinamo.

Mario Mamic may be released from the Remetinec detention centre only after he posts 5 million kuna bail. Stipancic was set bail of 4 million kuna and Krota of 2 million kuna.

The deputy director of the USKOK anti-corruption office, Tonci Petkovic, said they would appeal the ruling given the gravity of the crimes and the financial gain made.

The latest investigation of the most powerful person in Croatian football is the result of months of inquiries by the Financial Ministry's tax fraud investigators, who have found that more than 10 million euros and 500,000 pounds sterling has been siphoned from Dinamo through off-shore companies since 2004. USKOK suspects that Mario Mamic and the two businessmen were in charge of those operations.

USKOK claims that the suspects made fictitious agreements and contracts between Dinamo and companies from Switzerland, Great Britain and Hong Kong on the takeover of Dinamo's fictitious debts to players and on fictitious brokering services in player transfers, which were signed on Dinamo's behalf by Zdravko Mamic and Vrbanovic.

Last update: Thu, 24/12/2015 - 00:30

View the discussion thread.


Mario Mamic can be released on bail


Wednesday, December 16, 2015 - 12:50

Dinamo fans stage protest


Friday, November 27, 2015 - 21:40

More from Croatia

Adris Group's Jan-Sept net profit HRK 570 mln

In the first nine months of 2016 the Adris Group generated a net profit of HRK 570 million while its total revenue...

Podravka Group posts net profit of HRK 142.2 mn

The Podravka food and pharmaceuticals group generated a net profit of HRK 142.2 million in the first nine months of...

Stier announces PM's visit Bosnia and Herzegovina

Because Bosnia and Herzegovina's European path is a priority in Croatia's foreign policy, Croatian Prime Minister...

HUB: Croatians' financial assets rapidly growing

Croatians are frugal and their financial assets are growing rapidly even though interest rates are at a historic low...

IKEA Croatia increases turnover by 5.8%

IKEA Croatia has generated HRK 567.7 million (without Value Added Tax) in turnover or 72.4 million euro in the 2016 ...