Hypo affair

Home policy committee to set up subcommittee on Hypo bank case

23.09.2010 u 19:54

Bionic
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The parliamentary Home Policy Committee decided on Thursday to set up a subcommittee which will help the State Prosecutor's Office obtain from Austria information on secret accounts which contained Croatian citizens's money for the purchase of weapons.

The committee held a closed-door session on the case of Austria's Hypo bank. In attendance were by State Prosecutor Mladen Bajic, the head of the Office for the Suppression of Corruption and Organised Crime, Dinko Cvitan, and Bajic's deputy Lazo Pajic.

Committee chair Ranko Ostojic told press the five-member subcommittee would be set up in the next few days, comprising representatives of all political parties.

"The priority of our investigations are money transfers from Croatia to Austria and then elsewhere, while the Austrian investigation's priority are risky loans in Croatia," said Bajic, adding Croatia was cooperating with Austria and that all of Austria's requests regarding risky loans had been met.

"But the fundamental issue for us is our money, which went to different banks and then further on, partly to the Hypo bank, too. We want to know who is hiding behind those accounts, account numbers, account code names, who are those people and legal entities and where is that money," Bajic said, adding the answers lay in Hypo's records.

"We are interested in the natural and legal persons who were in contact with the money that first and foremost went from Croatia via Austria to other countries in connection with weapon purchases," Bajic said, adding the investigators realised "that part of that money went in the other direction, too, not only to buy weapons, but also in somebody's pockets".

"We have information about more than 200 accounts into which the money was paid. We have information about accounts, code names, but we don't know who is behind them, whether natural or legal persons. The Austrians know that and we want them to tell us," Bajic said, adding this was why the investigators wanted parliament's help so that they could obtain those results as soon as possible.