Police launch investigation into pharmaceutical company

BELGRADE Inspectors of the Interior Ministry (MUP) have taken over an investigation into abuses in the Galenika pharmaceutical company. They will be checking documentation about the company's business proceedings, loans, advances, contracts with suppliers, and track possible intermediary commissions as of Tuesday. Police launch investigation into pharmaceutical company Inspectors will also check whether there was any omission in the probe, which was carried out by the Service for the fight against organized crime, Serbia's public broadcaster RTS has reported, citing sources from the police and prosecution. The Service for the Fight against Organized Crime opened the investigation into abuses in Galenika over two years ago. In September last year, the company's former Director Nenad Ognjenovic was questioned. The Belgrade-based daily Blic said that the case, along with all the evidence, was forwarded to the prosecutor's office for organized crime in late 2012. According to the newspaper, Ognjenovic is the key suspect. In the meantime, the MUP working group opened the Agrobanka case, revealing direct connections between Galenika and the Habitfarm company, whose owner Radoslav Sekulic was arrested. Sekulic is suspected of having misused a loan of EUR 50 million together with his associates, including his son. (Tanjug, file) Blic Tanjug

Police launch investigation into pharmaceutical company

Inspectors will also check whether there was any omission in the probe, which was carried out by the Service for the fight against organized crime, Serbia's public broadcaster RTS has reported, citing sources from the police and prosecution.

The Service for the Fight against Organized Crime opened the investigation into abuses in Galenika over two years ago. In September last year, the company's former Director Nenad Ognjenović was questioned.

The Belgrade-based daily Blic said that the case, along with all the evidence, was forwarded to the prosecutor's office for organized crime in late 2012. According to the newspaper, Ognjenović is the key suspect.

In the meantime, the MUP working group opened the Agrobanka case, revealing direct connections between Galenika and the Habitfarm company, whose owner Radoslav Sekulić was arrested.

Sekulić is suspected of having misused a loan of EUR 50 million together with his associates, including his son.