Ivica Todorić: ”How Agrokor is Being Robbed”

Lauren Simmonds

Todorić, now a self-proclaimed ”citizen in England” posts a new entry to his blog.

The ex Agrokor boss has posted a new entry to his blog on November the 14th, 2017, outlining how he feels that the astronomical costs for the restructuring of the already ailing company is causing daily damage.

As usual, we bring you Ivica Todorić’s latest blog post translated in full into English below:

”Under pressure from the public, last week Ante Ramljak announced that for four months of engagement until September the 30th, the costs of legal, financial and restructuring advisers for Agrokor stood at 140 million kuna! But, for the completion of the job, Ramljak predicts, he’ll need to pay the consultants an even more modest 380 million kuna, so this small expense will cost more than half a billion kuna! That’s 70 million euros for services whose prices are determined by Ramljak and Minister Dalić without any criteria, without any supervision. In advisory positions, these people, already deeply languid in crime, hired their friends, selected friends of privileged creditors, and their business partners who suck millions of euros out of Agrokor on a daily basis.

Over 150 advisors have been engaged in legal, financial and business consulting, who generate expense for the hijacked (illegally claimed/taken) company every minute. Ramljak and the government, along with Plenković’s blessing, have more advisers than the world’s leaders have all together. Namely, the president of the USA, Russia, and the German chancellor have a total of 134 advisers. Ramljak, Plenković and Dalić need 150 advisers only for Agrokor. The cost isn’t important to them, nor is any level of transparency, it’s important only to know one of the three aforementioned [people] who spend/waste a private company’s money that they’ve hijacked using the unconstitutional Lex Agrokor (law).”


Ivica Todorić’s blog post translated in full from ivicatodoric.hr


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