ZAGREB, Croatia | Court rejects bail for Croatian tycoon, keeps him in jail

8Nov - by Editor - 0 - In STL.News



ZAGREB, Croatia — A Croatian court has ruled that the founder of a deeply indebted food and retail company will remain in jail a day after the fugitive tycoon was extradited from Britain.
Ivica Todoric’s lawyers said after a court hearing Thursday that they asked for bail but judges ruled there was a chance the 67-year-old would flee again.

Todoric is accused in Croatia of mismanaging the Agrokor company and embezzling millions.

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