Zdravko Mamic no longer Dinamo's executive director

Zdravko Mamic held a news conference in Zagreb on Tuesday to inform the public that he would no longer be the executive director of the Dinamo Zagreb soccer club, but would be an advisor in the club.

Mamic, accompanined by his lawyers, told the news conference that he had decided to step down to enable Dinamo to "move on unburdened" after the USKOK anti-corruption office stated on Monday it had launched another probe into Mamic and six other people suspected of siphoning almost HRK 70 million from the club.

This is the third investigation into the soccer boss who was previously released on bail and USKOK will not request investigative custody in this instance. Mamic's brother, Zoran, and son Mario are also suspected in the latest investigation along with former Dinamo director Damir Vrbanovic, businessmen Igor Krota and Sandro Stipancic, and one other suspect.

The latest investigation of the most powerful person in Croatian football is also based on inquiries by the Financial Ministry's tax fraud investigators, and like in the previous investigations, Mamic and others are suspected of conspiring to siphon funds from Dinamo through off-shore companies and from transfers of Dinamo players.

Mamic was previously investigated on suspicion that he, his brother Zoran, Vrbanovic and tax official Milan Pernar embezzled at least HRK 117.8 million of the club's money, defrauded the state budget of at least HRK 12.2 million in unpaid taxes and that they siphoned more than EUR 10 million and GBP 500,000 through off-shore companies.

Last update: Tue, 09/02/2016 - 19:48

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