Croatia cites new EU rights to demand MOL CEO interrogation

11 July 2013 15:22  [Source: ICIS news]

LONDON (ICIS)--Croatia's anti-corruption police (USKOK) have reactivated a request to question the CEO of Hungarian oil, gas and petrochemicals group MOL as part of a bribery investigation, the USKOK said on Thursday.

Hungary has previously refused to allow the interrogation of the CEO, Zsolt Hernadi, but with Croatia having become a member of the EU on 1 July, USKOK could now take advantage of new judicial rights to secure the questioning, according to a statement from the Croatian State Attorney's Office.

MOL said it would co-operate with any relevant authorities in the matter but reiterated its previous categoric assertion that all the allegations concerning Hernadi and the company were unfounded.

Last November, MOL said it reserved the right to take appropriate international action regarding claims made against it during the court case that saw former Croatian Prime Minister Ivo Sanader found guilty of accepting €5m ($6.4m) in 2008 from MOL in exchange for allowing it full management rights over Croatian oil and gas producer INA.

In January last year, Hungarian prosecutors said they had completed their own investigation into the matter and were satisfied that neither MOL nor any of its employees were involved in the alleged bribery.

($1 = €0.78)


By: Will Conroy
+44 20 8652 3214



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