INA

A collection of 2 posts

Croatian authorities launch probe into massive gas-resale scam at INA

2 min read Croatia, Hungary, INA

A total of five individuals including a top Croatian lawyer and an executive at energy firm INA have been charged with defrauding the company by reselling gas abroad at ten times the purchase price. According to the charges, the group caused financial damages to INA – a Croatian subsidiary of Hungarian

Ex-Croatia PM, MOL chief get jail terms for INA bribery case

1 min read Croatia, Hungary, INA, MOL

Croatia’s Supreme Court sentenced MOL chairman-CEO Zsolt Hernadi and the country’s former prime minister Ivo Sanader to prison sentences for bribery on Monday. Hernadi paid Sanader EUR 10 million in bribes in 2008-09 to secure Hungarian energy firm MOL’s management rights in its Croatian peer INA, the