Serbian tycoon to face tax fraud charges

Infamous Serbian businessman Miroslav Miskovic, his son and their partner will stand trial on charges of tax fraud and misuse of powers.

Serbian tycoon to face tax fraud charges

World Bulletin / News Desk

A special court in Belgrade will file a case against tycoon Miroslav Miskovic, his son Marko and their partner Milo Djuraskovic on Thursday.

Beside these three, the indictment mentions seven other people connected with their ring.

The 122-page indictment accuses father and son Miskovic, and Djuraskovic, of abusing official positions and evading taxes.

According to the indictment, they were involved in embezzlement from 2005 to 2010, and can face up to 10 years in prison.

Previously, Miroslav Miskovic paid 12 million euros to be released on bail, the highest-ever bail demanded by Serbian judiciary.

Miskovic was arrested on December 12, 2012 on suspicion of illegally earning more than 30 million euros from privatized road companies. He denies all charges.

Miskovic is the owner of Delta Holding, Serbia’s largest privately owned company which deals with a wide range of commercial activities, including import-export, real estate, insurance, retail and wholesale. His son Marko owns Mera Investment Fund, and Djuraskovic a Nibens group road building company. 

Last Mod: 14 Kasım 2013, 16:35
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