!KI=CKF*=NCAPEÚ
=JG=NOG=I=łF=
Vlastita naklada !KI=CKF*=NCAPEÚ JPQJ==QAN= 7=CNA> %NR=POG= AI=EHġ@KI=CKF;I=NCAPE?ĤU=DKK?KI SSSJA?AJVQNEN=JK?KI 7=J=GH=@JEG=ġ !KI=CKF*=NCAPEÚ Urednik: !N*EH=J/E>EÜEÚ )EGKRJKK>HEGKR=JFAECN=łÜG=LNELNAI=ġ 'QHEF=3KFGKREÚ #KPKCN=łF=ġ +AJ=@ NJÜA?
Tisak: -=NRQO 7=CNA>
&-V=LEO@KOPQL=JQN=ÜQJ=HJKI ÜQJ=HJKI QJ=HJKIG=P=HKCQ+=?EKJ=HJAEORAQÜEHEĊJA G=P=HKCQ +=?EKJ=HJA E ORAQÜEHEĊJA ÜEHEĊJA EHEĊJA ĊJA JAGJFEĜJE?A GJFEĜJE?A ĜJE?A JE?AQ Q 7=CNA>QLK@>NKFAI &0+
!KI=CKF*=NCAPEÚ
=JG=NOG=I=łF= Ġ,NC=JEVEN=JE>=JG=NOGEGNEIEJ=HELN=JFAJKR?=
7=CNA>
0!/ě' Tehnologija „pranja“ novca u poslovnim bankama u Hrvatskoj
11
Europska unija zaustavlja pregovore s RH zbog organiziranog kriminala vezanog uz pranje novca
14
EU blokira Sanaderov projekt: Odnosi Banskih dvora i Europske Ô
19
Pregovori s Europskom unijom u krizi zbog organiziranog kriminala u bankarskom sustavu
22
XlÊ
26
l ÊÊ
28
zuuÔ
31
a XÊf ÔfXp¯ 33 Odvjetnik Tatarac odgovara na Prkine prijetnje: ]Ô
38
WXil
44
ilh
46
Novac u Lihten!tajn prebacivan preko Hypo banke
52
Popis dokumenacije koju skriva strogo povjerljivi DOSSIER HYPO
56
Ivo Sanader je 1995. godine raspolagao sredstvima nezakonitog kredita Hypo banke
57
„Austrijska tajna“: Sanader „kamatario“ za Hypo banku
60
Pranje novca u Hypo banci
61
Vlada RH sudjelovala u pranju novca preko Hypo banke
63
Hrvatska Vlada suodgovorna za kriminal u Hypo banci
66
a^*0
68
G
Sanader 1995. dogovarao tajno kreditiranje Vlade ^a
72
Ugovor kojeg su sa Hypo bankom 1995. dogovorili ]Ói ^
74
W^l bilanca Hypo banke
78
Pranjem vi!e od 11 milijarda kuna preko Hypo banke Ó^
81
W^\^a ÊÓ
fÔ ^a^p
84
Kroz dopunski kapital Hypo Alpe Adria Banke d.d. p¤¤wuu
93
^^¤¤ preko povezanih osoba
f Ô ^p*0zuu
f*0Ô ^ÔÔ
d ÖZÊ lÓ Ô W^ i Vlade s organiziranim kriminalom
G
90
95 96 99 103
cÖË Vlade u organizirani bankarski kriminal i pranje novca
107 115
[*W^0
121
pËicÓË*iÔp0
128
[^*\Wj\¯yu0 kriterije o suzbijanju pranja novca
^iÓ vanjski dug Hrvatske za vi!e od 301 milijun eura
133 136
Kaznena prijava zbog pranja novca i prikrivanja nezakonitog novca u Slavonskoj banci
140
^Ó Hypo banke preko Slavonske banke
pÔcËÓ
d iËpÔ ËÓ
150 156 160
lpÔ bÓÊ
168
Tajni vlasnici: Vlasni!tvo nad dionicama pÔ°°ÔÔ
171
a kiaea¯pWXWÔ ÔÔ
]ww{^hZbÓ Ó cËÓ pWX_
iËpÔ°° lf ÊÓ
174 178 181
184
aÔZÊÔ l ÊpWX[fXp¯
189
Sanaderova Vlada izaziva slom pravnog i Ô [klÔË novca u Hrvatskoj
191
195
Hrvatska nema pravnu ni administrativnu
199
Pranje novca: HNB ne kontrolira tijek novca u kreditnim institucijama
201
f^dX¯*i Ô0
204
G
EU: Hrvatska ne ispunjava postavljene kriterije suzbijanja pranja novca
209
Banke za Vladu RH prikrivaju i provode operacije Ô
213
Organizirani kriminal pod za!titom Vlade: X p
216
\^Ê novca organiziranog kriminala
^Ó X^Ê Ö q
G
218 223
228 240
!KI=CKF*=NCAPEÚ
1ADJKHKCEF=ĽLN=JF=ļJKR?=QLKOHKRJEI>=JG=I=Q %NR=POGKF (CJ9 =B:CFA5H=?9 H99 :@9?G=6=@B=>= HF5BG:9F= BCJ75 @=69F5@=N57=>5 A9¡IB5FC8B=< :=B5B7=>G?=< HF5BG:9F5 J9@=?= 6FC> :=B5B7=>G?=< GHFIB>5?5 J9@=?5 :=B5B7=>G?5GF98GHJ5?C>=A5F5GDC@5U9?F=A=B5@B=A=@>965B?9?C>9=A5>IGJ9CN6=@>B=>9 DFC6@9A9N5C8FU5J5B>98B9JB9:=B5B7=>G?9@=?J=8BCGH=?C>5=ACAC;I5J5:=B5B7=>G?9 D@5GA5B9=DFC:=HGJ9GIHCC?C@BCGH=?C>9DC;C8I>I=C@5?O5J5>IH9IŨDF5B>5ű BCJ75=IBCGŨDF@>5JC;űBCJ75I@9;5@B9:=B5B7=>G?9HC?CJ9
cÖ *CF98IC6=5>9B=<65B?5FG?=<HF5BG5?7=>5G 5:=N=?=ACGC65A5IA>9B>5B=75A5 OH98BC ?F98=HB=A N58FI;5A5 = 65B?5A5 ;8>9 G9 GI?@58BC 45?CBI C GDF=>95J5B>I DF5B>5BCJ75=NF5JBCAC;IDF=>5J=H=GIAB>=J9HF5BG5?7=>9HF965=<HF5U=H===89BH=:=7=F5H= I DC8FI>I A9¡I65B?5FG?=< 69N;CHCJ=BG?=< HF5BG5?7=>5 )J5?J9 HF5BG5?7=>9 B=GI C6>9?H=JB= =B8=?5HCF= H> A5H9F=>5@BC C6=@>9U>9 N5 DF=>5J@>=J5B>9 DF5B>5 BCJ75 B9;C GI6>9?H=JB= =B8=?5HCF= '9¡I65B?5FG?9 HF5BG5?7=>9 ?C>=A5 G9 HF5BG:9F=F5>I GF98GHJ5 =N >98B9 8CA59 65B?9 I =BCN9ABI 65B?I =@= C6F5HBC HF5BG5?7=>9 ?C>=A5 G9 C6F9 J9@=?=BCJ57B5F5IBIH=>9?CA>98BC;85B5HF5BG:9F=?C>==A5>IIJ=>9?=GH9GI8=CB=?9 HF965>I6=H=GI6>9?H=JB==B8=?5HCFN5DC?F9H5B>9DCGHID?5=GHF5;9H9A9@>9A45?CB5C GDF=>95J5B>IDF5B>5BCJ75
Z Ö / 65B?5A5 G9 H= HF5BG:9F= =NJFO5J5>I IC6=5>9B=A D@5HBC ų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¡5@9IHC>65B7= .C>9N5DF5JC 8C?IA9BH?C>=8C?5NI>985>9HF5BG5?7=>5GHJ5FBC=NJFO9B5 />98BC'.>9?CBHFC@5 >9GI @= GJ= DF=@>9J= = C8@>9J= GHJ5FBC =NJFO9B= >9F G9 GJ5?5 GH5J?5 '. N5HJ5F5 G5 -1# .CJ@5OH9B>9A5H9F99B>9=@=C8C6F9B>9F5IB5 *FCA9H=NJC85DC?5NI>9?C@=?C>9 HF5BG5?7=>5HC;585B5=NJFO9BC=?C@=?5>9JF=>98BCGH=NJFO9B=<HF5BG5?7=>5
G
+(/0(*#&'
Nova tehnologija pranja novca B5@=NCA=NJC85F5IB5?C8=BCN9AB965B?9HF965DCG96BCC6F5H=H=DCNCFBCGH B5 HF5BG5?7=>9 J9@=?9 DC JF=>98BCGH= HF5BG5?7=>9 ?C>9 GI DFC = ?CBHF5 I =GHCA 85BI ?5C=85GIIDI9B9IJ=>9?C8=GHC;DCO=@>5H9@>5 (5?CBHC;5HF965HF5U=H=8C?IA9BH9 H9A9@>9A?C>=<>9HF5BG5?7=>5=NJFO9B5 .CGI8C?IA9BH=?C>=G58FU9GJ56=HB5C6=@>9U>5 HF5BG5?7=>9 = =N ?C>=< G9 ACU9 N5?@>IH= >9 @= HF5BG5?7=>5 CDF5J85B5 C8BCGBC =A5 @= DF=>9 GJ9;5 9?CBCAG?I = @C;=BI CDF5J85BCGH /?C@=?C HF5BG5?7=>5 DC?5U9 GIDFCHBC Ʃ65B?5IN=A58I;CFCB=89DCN=H=@=?F98=HN5DF=>9JF9A9BICHD@5HI=GHC;H5?JC;?F98=H5 =@= 89DCN=H5 IN=A5 8I;CFCB= 89DCN=H 85 6= =GH= 85B C8C6F=@5 B9?C@=?C ?F5H?CFCB=< 89DCN=H5C8C6F5J5?F98=H==GH=85B;5JF55?5CI8=CIG=B8=7=F5BCA?F98=HIC8C6F5J5 ?F98=HB9?C>B9DCNB5HC>HJFH?==@=DCJ9N5BC>CGC6=?C>5=GH=85BDF=>9JF9A9BCJF55F5B=>9 N5?@>I9B=?F98=HB9GIAB>=JCGIGI6>9?H=JB==B8=?5HCF=?C>=I?5NI>I85G9HF5BG5?7=>9 =89BH=:=7=F5>I?5CGIAB>=J9 )6N=FCA85GIGJ=H=D C?5N5H9@>=G 5ACGI6>9?H=JB==B8=?5HCF=B>=5J@>=J5B>9 B58@9UB=A=BGH=HI7=>5A5N5DC9H5?HF9656=H==G?@>I=JCDF59B>9==GHF5U=J5B>9H=>9?5 BCJ75=IHJF¡=J5B>985@=DC=B>9DF=?F=J5B>9ADF5JC;=NJCF5BCJ75=85@=>9DF=65J@>9B B5B9N5?CB=HB5=BIN9A@>==@==BCN9AGHJI==A5@==NJCF9I?F=A=B5@BCAA=@>9I 5?@9 ICJCAG9G@I5>IF58=CDC8IN=A5B>IA>9F5H5AC;8>9>9BCJ57J9ŨCDF5Bű ,58=G9C F9@5H=JBCBCJC>H9=DF5B>5BCJ75=BCJC>JFGH=:=B5B7=>G?C;?F=A=B5@5?C>=G9N6C; GD97=:=B=<A9HC85H9O?C=89BH=:=7=F5=CH?F=J5?5CŨDF5B>9űBCJ75 )J5>>9?F=A=B5@B= AC89@ :=B5B7=>G?9 H99 DF5B>5 DF@>5JC; BCJ75 CGA=O@>9B IDF5JC I 65B?5A5 I "FJ5HG?C>N6C;9;5>9B5O5N9A@>5DCGH5@5GJC>9JFGB565B?5FG?5?F=A=B5@B5C5N5>9F 8FU5JB9=BGH=HI7=>9HC@9F=F5>ICJ5?JIH9IDF5B>5BCJ75=N?F=A=B5@B=<=NJCF5 -5A C6@=? CD=G5B=< HF5BG5?7=>5 B9 C8GHID5 C8 IC6=5>9B=< A9¡I65B?5FG?=< HF5BG5?7=>5 .CGI?F98=H==@=89DCN=H=65B?565B7=BCGIOH=B5HF5BG5?7=>9B9A5@C;=B= G@=>985B5>A5B>99?CBCAG?ICDF5J85BCGH=7=@> /HJF¡=J5B>9GIOH=B9HF5BG5?7=>9DC=B>9 5B5@=NCA =NJC85 =BCN9AB9 65B?9 C8C6F9B>5 = N58IU9B>5 5 N5H=A 5B5@=NCA GJ5?C; =BGHFIA9BH5 D@55B>5 *CG96BI DCNCFBCGH HF965 C6F5H=H= B5 D@5HB9 B5@C;9 ?C>=A5 G9 =NJFO5J5 HF5BG:9F GF98GH5J5 DC ?F98=HBC ;5F5BHB=A DCG@CJ=A5 G5 =BCN9AGHJCA =@= HF5BG:9FA9¡I65B?5FG?=<89DCN=H5
Tehnologija pranja novca u hrvatskim bankama *F9A5 GH5H=GH=?5A5 I "FJ5HG?C> >9 ƨ 65B?5FG?C; G9?HCF5 I J@5GB=OHJI =BCN9AB=< 65B5?5 D5 >9 9GHC ?F98=H=F5B>9 =NA9¡I 65B?9 A5H=79 I =BCN9AGHJI = 65B5?5IB>9N=BCAJ@5GB=OHJI *FC798IF5F95@=N57=>9H5?J=<?F98=H5>9G@>9895 5B?5 A5H=75=N=BCN9AGHJ5C8C6F5J5?F98=H9=89DCN=H965B?5A5IJ@5GB=OHJII"FJ5HG?C> *CJ9N5B=A DC8IN9=A5 I "J5HG?C> H5?C¡9F C8C6F5J5 ?F98=H9 B5 89J=NB9 F5IB9 65B5?5IGJC>9AJ@5GB=OHJI FC>?F98=H5=89DCN=H5>9J9@=?==?CBH=BI=F5BCG9?F98=H== 89DCN=H=JF55>IBCJ=AN58IU9B>9A 'C89@:=B5B7=F5B>565B?9?9F=>9GH5@BCJF55B>9 ?F98=H5 89DCN=HCA =@= 89DCN=H5 ?F98=HCA / CD=GI GJF<9 ID@5H9 GJ=< DCJF5H5 GHC>= DF=>9JF9A9B5CHD@5H5?F98=H565B?9?9F=65B7=A5H=7= -JF<5DCJ@59B>5BCJ=<?F98=H5 =@=89DCN=H5>9DCJC@>B5FCBCGH?F98=H5?C>5>9DCGHJ5FBCAGH5B>IG5ACHF=A>9G975 8IU5C8DF=>9JF9A9BCCHD@59BC;?F98=H5 #NJC8H9?I9;89J=NBC;F5IB59J=89BH=F5 G@>9899HF5BG5?7=>9 5B?5A5H=75C8C6F5J5?F98=H65B7=?9F=I=NBCGIC8 A=@=>IB5
G
!KI=CKF*=NCAPEÚ
9IF5 5B?5?9F=GHCJF9A9BCJF5589DCN=H65B7=A5H=7=I=NBCGIC8 A=@=>IB59IF5 .F5BG5?7=>9 C8C6F9B>5 = HF5BG5?7=>9 N58IU9B>5 B5 =NJC8I F5IB5 GI ;CHCJC IJ=>9? I F5JBCH9U==?F9IG9C8A=@=>IB58CA=@=>IB59IF5I>98BCA85BI C?IA9BH= H9A9@>9A ?C>=< GI ?B>=U9B= =NJC8= GI 8I;CFCB= ?F98=H= ?C>=A5 G9 DF=>9JF9A9BC JF55 8I;CFCB= 89DCN=H =>= DCJF5H =GH=9 G5AC HF= A>9G975 DF=>9 B9;C BCJCC8C6F9B=?F98=H *FCA9HC8C6F9B=<=JF59B=<?F98=H5=89DCN=H5IDFCA5HF5BCA D9F=C8IC88J=>9;C8=B9=NBCG=C>9A=@=>IB59IF5 =>9B5?F98=H5=89BH=B5>97=>9B= 89DCN=H5OHCDCHJF¡I>985HF5BG5?7=>9B9A5>I9?CBCAG?=CDF5J85B=@C;=5B7=@>
Sindicirani krediti /DC9HBC>:5N=:=B5B7=F5B>565B?5A5H=75>9C8C6F5J5@5?F98=H965B7=?9F=N5 N5>98B=?CGI8>9@CJ5B>9IG=B8=7=F5B=A?F98=H=A5 (CG=H9@>G=B8=7=F5BC;?F98=H56=@5>9 65B?5A5H=755>98=B=GI8=CB=?IG=B8=7=F5BCA?F98=HI6=@5>965B?5?9F %CBGHFI?7=>5 CJC;:=B5B7=F5B>5>9G@>9895 5B?5A5H=75C8C6F5J5:=B5B7=>G?=?F98=H65B7=?9F=N5 GI8>9@CJ5B>9 I G=B8=7=F5BCA ?F98=HI 5B?5 ?9F = 65B?5 A5H=75 N5?@>II>I I;CJCF C I8>9@I I G=B8=7=F5BCA ?F98=HI ?C>=A DF=A@>9B5 GF98GHJ5 65B?5 ?9F JF55 65B7= A5H=7= /N5JFOBC>:5N=65B?5A5H=75IGJC>9=A9N5?@>II>9I;CJCFC?F98=HII?C>9A >9 CB5 >98=B= ?F98=HCF (5?CB 8I;CHF5>B=< F5GDF5J5 C =GDF5JBCGH= H5?J=< G=B8=7=F5B=< ?F98=H5GJ=?F98=H=C8C6F9B=N5I9O9IG=B8=7=F5BCA?F98=HIGIDF=>9JF9A9BCCHD@59B= 65B7=A5H=7=
h ÔËÓ )D=G5B9 HF5BG5?7=>9 B9A5>I B9?= 9?CBCAG?= GA=G5C 5 5B5@N5 I=B?5 H5?J=< HF5BG5?7=>5I?B>=;5A565B?9DC?5NI>9?C@=?CAG9F=N=?I=N@5U965B?5 *CJ9N=J5B>9A DF=A@>9B=< ?F98=H5 = 89DCN=H5 G5 DF=>9JF9A9BC CHD@59B=A ?F98=H=A5 = 89DCN=H=A5 I?5NI>9 85 65B?5 ?9F B9=GDF5JBC 9J=89BH=F5 =NJCF9 :=B5B7=>G?=< D@5GA5B5 I GJC>=A ?B>=;5A5=B5=N@5;5B>9J9@=?CAF=N=?IID@5B=F5B>I@=?J=8BCGH= / B5GHC>5B>I 85 B9DF9GH5BC DF=?F=J5 DF5JI FCBCGH =NJCF5 ACU9 =N;I6=H= ?CBHFC@IB58IDF5J@>5B>9AGJC>CA@=?J=8BCOI=I;FCN=H=IG?@5¡9BCGHGJC>=<C6J9N5= =ACJ=B9 /DF5JCH5J=G=B5F=N=?5?C>9AG965B?5=N@5U9I?5NI>9B5GIAB>I85>9?5D=H5@ GIAB>=JC; DCF=>9?@5 = 85 HF965 DF9=GD=H5H= BCJ5B9 HC?CJ9 8C G5AC; =NJCF5 BCJ75 C6N=FCAB5?C@==BIBCJ75?C>=I@5N===N@5N=?FCNF5IBH9H5?CACU9B5FIO=H=GH56=@BCGH =BH9;F=H9H=I;@98:=B5B7=>G?C;GIGH5J5=I;FCN=H=>98=BGHJ9BC:=B5B7=>G?CHFU=OH9
Drugi model pranja novca – depozitima 'C89@:=B5B7=F5B>5=BCN9AB965B?9A5H=79=8FI;99N=BCA J@5GB=OHJI>9G5AC:=B5B7=F5B>989DCN=H=A5?C>=GI8I;CFCB=C8A=B=A5@BCD9H;C8=B5 8C A5?G=A5@BC >985B59GH ;C8=B5 .F5BG5?7=>9 B5 =NJC8I 89J=NBC; H9?I9; F5IB5 8CA5965B?9GIG@>9899 5B?5 A5H=75 C8C6F5J5 8I;CFCB= 89DCN=H 65B7= ?9F= I =NBCGI C8 A=@=>IB59IF5 CA5565B?5=GH=85BC8C6F5J5?F5H?CFCB95?H=JB989DCN=H965B7=
G
+(/0(*#&'
A5H=7= B5 B>9B F5IB ?C8 65B?9 ?C>5 >9 = 8CNB5=@5 89DCN=H = 89DCN=H 65B7= G5 =>9; GIF5IB5GF98GHJ5HF5BG:9F=F5B5 )J=AAC89@CAG9?CBH=BI=F5BC=NA>9B>I>ID5G=JB= =5?H=JB=89DCN=H=IA>9GHC?F98=H5=89DCN=H5 /NHC85B9A59?CBCAG?9CDF5J85BCGH= CJ5?J=< HF5BG5?7=>5 HF965 G9 CGJFBIH= = B5 :IB?7=CB=F5B>9 A9¡I65B?5FG?=< 89DCN=H5 I 65B?5FG?C> DF5?G= '9¡I65B?5FG?= 89DCN=H= =NA9¡I =BCN9AB9 = 8CA59 65B?9 N5?@>II>IG9C8DF9?CBCB=<8CB5>J=O9B5;C8=BI85B5=HC>9A5?G=A5@B5FCBCGHI 65B?5FG?C>DF5?G= #NBCGN5?@>I9BC;89DCN=H5CJ=G5B>9H5?C¡9FCD@5HBCDFCA9HB=A HF5BG5?7=>5A5=NA9¡I65B5?5 -IAB>=J5HF5BG?57=>5>95?CIŨN5?@>IB=7=űN589DCN=H GHC>=85>989DCN=HI;CJCF9BB5FC?8IU=C8;C8=BI85B5 4B5= FC? DCJF5H5 89DCN=H5 C8 89G9H 8C 8J5B59GH ;C8=B5 >9 H9FA=B ?C>= >9 A9¡IB5FC8BC> 65B?5FG?C> DF5?G= B9DCNB5H FC> N5?@>I9B=< D5G=JB=< 89DCN=H5 >9 H5?C¡9FJ9@=?=5DC>98=B5B==NBCG=89DCN=H5G9?F9IC8A=@=>IB5D58CA=@=>IB5 9IF5=@==GH==NBCG=IOJ=75FG?=A:F5B7=A5 46FC>DC>98=B5B=<89DCN=H5C8C6F9B=<C8 65B?9A5H=798CA5C>65B7=>9B9OHCA5B>=C8DC@5A=@=>5F899IF5
Sumnjive transakcije ukazuju na kriminalni tijek novca (5A99G9DCHF96585G9CD=G5B9HF5BG5?7=>9?C>=A5G9C6F9C;FCA5B?5D=H5@ =NA9¡I65B?9A5H=79=65B5?5IB>9BCAJ@5GB=OHJI=89BH=:=7=F5>I?5CGIAB>=J9=85 G9=GHF5U=H=>9?BCJ75C8DC9H?58C?F5>5 )6N=FCA85G9H5?J965B?9B9DF=8FU5J5>I H=>9?CA?F98=H=F5B>5B=H=>98BC;?F=H9F=>5?C>=?CBHFC@=F5IDF5J@>5B>9F=N=7=A5HCI?5NI>9 B5 =B>9B=7I 85 G9 G5AC ?5D=H5@ GIAB>=JC; DFC>9?@5 ACU9 I@5;5H= 69N C8F9¡9B=< DF5J=@5>9FH5?5J?5D=H5@B9A5N57=@>CGHJ5F9B>98C6=H=B9;CIJ@59B>9DF@>5JC;BCJ75I @9;5@B9:=B5B7=>G?9HC?CJ9 )J5?5JAC89@DF5B>5BCJ75DCGH5C>9IC6=5>9BI65B?5A5 B55@?5BI5DCG96BC>9F5NJ=>9BI65B?5FG?CAGIGH5JI"FJ5HG?9;8>9;5"FJ5HG?5 B5FC8B565B?5N5DF5JCDF9OIHBCC8C6F5J5=DC?F=J5GJC>=ADF5J=@=A5=B5=BCAB5 ?C>=IGHFC>5J5:IB?7=CB=F5B>965B?5FG?C;GIGH5J5 FI;=A F=>9=A F58= G9 C DFC>9?H=F5BCA ?F=A=B5@BCA GIGH5JI ?C>= >9 DCGH5C 9IFCDG?5DF5CB=75DF@>5JC;BCJ75ųC8BCGBCDFCGHCFN5@9;5@=N57=>I?F=A=B5@BC;BCJ75 9IFCDG?C;?F=A=B5@BC;DC8N9A@>5
"QNKLOG=QJEF=V=QOP=RHF=LNACKRKNAO/%V>KC KNC=JEVEN=JKCGNEIEJ=H=RAV=JKCQVLN=JFAJKR?= .=>9?CADFCH9?@98J=>9;C8=B9>9?CA=G=>=DC8BCG=@5 @5UB5 ?F=JCHJCF9B5 = B9DCHDIB5 =NJ>9O5 C A>9F5A5 ?C>9 "FJ5HG?5 DC8IN=A5 B5 GIN6=>5B>I CF;5B=N=F5BC; ?F=A=B5@5 J9N5BC; IN DF5B>9 BCJ75 ?5C = @5UB5 =NJ>9O5 C 5?7=>5A5 GDF=>95J5B>5 DF5B>5 BCJ75 H9 DFCA>9B= N5?CBC85JGHJ5 I HCA DC8FI>I = 8>9@CJ5B>I =BGH=HI7=>5 DCG96BC '=B=GH5FGHJ5 DF5JCGI¡5 '=B=GH5FGHJ5 :=B5B7=>5 FU5JBC;C8J>9HB=OHJ5=G5A90@589
G
!KI=CKF*=NCAPEÚ
,9NI@H5H CJ5?JC; @5UBC; =NJ>9O=J5B>5 IFCDG?9 ?CA=G=>9 >9 N5IGH5J@>5B>9 DF9;CJCF5IFCDG?9IB=>9G"FJ5HG?CAIDC8FI>IDF5JCGI¡5OHC>9-5B589FCJ50@585 G?F=J5@5G?CFCDC@5;C8=B9C85JBCGH=
Pranje novca – opasan problem usko povezan s korupcijom IFCDG?5?CA=G=>5=D5?>9DFC7=>9B=@5?5?C,9DI6@=?5"FJ5HG?5B=>9B58CJC@>BC ?J5@=H9H5B B5=B F=>9O=@5 DFC6@9A ?F=A=B5@5 J9N5BC; IN DF5B>9 BCJ75 I G?CAGIGH5JI5?C>=/GA5HF5IN?CFID7=>I>98B=AC8B5>CN6=@>B=>=<DFC6@9A5 9
lËÔ[ pranja novca (5?CB DF=H=G5?5 =N IFCDG?9 ?CA=G=>9 5 ?5?C HC B5JC8= %CA=G=>5 I GJC>9A =NJ>9OI 9 0@585 DF=NB5@5 DF98GH5JB=7=A5 IFCDG?9 ?CA=G=>9 ?5?C B=>9 IG?@58=@59?@>IB98=F9?H=J9IFCDG?9?CA=G=>9IGJ9N= GIN6=>5B>5 DF5B>5 BCJ75 =F9?H=JCA = =F9?H=JCA $98B5?C H5?C =N #NJ>9O5 IFCDG?9 ?CA=G=>9 >5GBC DFC=N@5N= 85 5B>I CF;5B=N=F5BC;?F=A=B5@5IDC8FI>IDF5B>5BCJ75B=>9DCOH=J5@5B=H=IG?@58=@5CA C 6FC> 5 ?C>9 G9 C8BCG9 B5 GIN6=>5B>9 DF5B>5 BCJ75 I N9A@>5A5 @5B=75A5 /B=>9 / HCA GA=G@I IFCDG?5 >9 ?CA=G=>5 "FJ5HG?C> IDIH=@5 CGBCJB=< DF9DCFI?5 = 89J9H GD97=>5@B=< DF9DCFI?5 ,58B9 G?ID=B9 N5 :=B5B7=>9 Ʃ . 5 ?C>9 8C 85B5G 0@585 ,9DI6@=?9 "FJ5HG?9 B=>9 DF=A>9B=@5=5?C>9DF=@=?CADF=A5B>5H=<DF9DCFI?5=N>5J=@5IFCDG?C>?CA=G=>=?5?C ŨB996=H=DFC6@9A5C?CIG?@5¡=J5B>5GH=A8=F9?H=J5A5=DF9DCFI?5A5ű /HCAGA=G@IIFCDG?5?CA=G=>5DCGH5J=@5>90@58=BCJ==?CB5B=FC? N5IG?@5¡=J5B>9N5?CBC85JGHJ5G58=F9?H=J5A5IDC8FI>IGIN6=>5B>5DF5B>5BCJ75= HC B5>?5GB=>9 8C ?F5>5 DFJC> HFCA>9G9>5 ;C8=B9 ?585 9 IFCDG?5 ?CA=G=>5 DCBCJBC=NJFO=H=?CBHFC@IDFCJ9869B5F9¡9B=<A>9F5
e [ *Ê® 0 Ũ/=B?CJ=H56CF65B5GIN6=>5B>IDF5B>5BCJ75=:=B5B7=F5B>5H9FCF=GH=?=<G?ID=B5 ?5C=N59J=I=B:F5GHFI?HIF=N5DFCJ986IH=<A>9F5CN6=@>BCGJ9J=O9N56F=B>5J5>II G@I5>I"FJ5HG?9ű?5U9G9I#NJ>9OIIFCDG?9?CA=G=>9 Ũ*CGHC>9CN6=@>B9G@56CGH=?C>9IH>9IB5F58J9=B9=BGH=HI7=>5ICJCADC8FI>I I @5B7I =B:CFA=F5B>5 = C8;CJCFBCGH= I?@>II>I= B58NCFB5 H=>9@5 H=>9@5 N5 DF=A>9BI N5?CB5HIU=H9@>GHJC=GI8GHJC *CG96BCGACN56F=BIH=N6C;B=G?9F5N=B9DF=>5J@>=J5B>5 GIAB>=J=<HF5BG5?7=>5C8GHF5B9B965B?5FG?=<=BGH=HI7=>5űHJF8=IFCDG?5?CA=G=>5 %5C>985BC8;@5JB=<DFC6@9A5IGIN6=>5B>IDF5B>5BCJ75%B5JC8=B=?5?JI ?CAIB=?57=>IA9¡IDC>98=B=AH=>9@=A58FU5JB9IDF5J9B9?CCF8=B=F5BCGHI8>9@CJ5B>I =F58IA9¡IGC6BCB9=NJ>9O=J5B>9B9DCGHC>5B>9GIGH5J5F5NA>9B9=B:CFA57=>5 *F9A5 A=O@>9B>IIFCDG?9?CA=G=>9DFCJ9865N5?CB5C8BCGBCGI8GHJC=8FU5JBCC8J>9HB=OHJC
G
+(/0(*#&'
DF98GH5J@>5>IŨIG?C;F@Cű8>9@CJ5B>5B5GIN6=>5B>IDF5B>5BCJ75I,9DI6@=7="FJ5HG?C> Ũ)J5?J5 F5N=B5 B9I=B?CJ=HCGH= B5 GIN6=>5B>I DF5B>5 BCJ75 8C85HBC >9 DC;CFO5B5 CD=A =A69B=7=A5 J=GC?CA F5N=BCA ?F=A=B5@5 = ?CFID7=>9 CDG9;CA B9:CFA5@B9 9?CBCA=>9C;F5B=9B=<GF98GH5J5űB5JC8=IGJC>9A#NJ>9OIIFCDG?5?CA=G=>5
lË^h $985BC8B5>J9=<DFC6@9A5ICJCADC;@5J@>IDF9;CJCF5"FJ5HG?9G5IFCDG?CA IB=>CADF98GH5J@>5==NF5JB5IA=>9O5BCGH0@589IDF5B>9BCJ75I"MDC@D98F=55B? =,5=::9=G9B65B7=I"FJ5HG?C> IGHF=>G?9GI:=B5B7=>G?9=BGH=HI7=>9DF=>9CHDF=@=?9;C8=BI 85B5 B5 B5>J=OC> F5N=B= I IGHF=>= DC?F9BI@9 A9¡IB5FC8BI =GHF5;I C DF5B>I BCJ75 I "MDC65B7= .F5;=GHF5;9JF@C>96FNC5IGHF=>G?C'=B=GH5FGHJC:=B5B7=>58CJ9@C8C"MDC @D98F=55B?9I"FJ5HG?C>=8CH5>B=<F5IB5J=GC?=<8IUBCGB=?5-5B589FCJ90@589 I5IGHF=>G?C>"MDC65B7= FI;=AF=>9=A55IGHF=>G?=GI=GHF5UB=CF;5B=H=>9?CACDO=FB9 =GHF5;9IHJF8=@=?5?CGIB5>J99CD9F57=>9DF5B>5BCJ75C65J@>5B9DF9?CH5>B=<F5IB5I "MDC65B7=I"FJ5HG?C>=B>9N=BC>Ũ65B7=?9F=ű-@5JCBG?C>65B7=8 8 )G=>9? 5B5G>9J9DCNB5HC85GIN6C;CJ95:9F9CGH5J?9ACF5@=DC8B=>9H=9@B=@>I8= "MDC 65B?9 I IGHF=>= = "FJ5HG?C> ?5C = 5IGHF=>G?= A=B=GH5F :=B5B7=>5 =>9@5 >9 5:9F5 ?I@A=B=F5@5=GHF5;CACCF;5B=N=F5BCA?F=A=B5@I=DF5B>IBCJ75I"MDC65B7=?C>I>9 DF98GD97=>5@B=ADCJ>9F9BGHJCADFCJC8=CIGHF=>G?=D5F@5A9BH
ZÊ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ƩHCB=>9B>9N=B=9@B=@>I8=F5GDC@5UIG8C?5N=A5CH5>B=AF5IB=A5 I=BCN9AGHJI?C>=A5DF9?C"MDC65B?9F5GDC@5U9#JC-5B589F?C>=>9GJC>9JF9A9BC 6=CCJ@5OH9B=DCGF98B=?"MDC65B?9%@5;9B:IFH -J9CJ9=B:CFA57=>9?5C==B:CFA57=>9 CDCGHC>5B>IGHFC;CDCJ>9F@>=JC;ŨCG>95"MDCűI?56=B9HI#J9-5B589F5N56F=BI@=GI B>9;CJ9 9IFCDG?9 D5FHB9F9 ?C>= >98BCGH5JBC GA5HF5>I ?5?C 9J5 C8FU5H=:=B5B7=>G?IGH56=@BCGHGJC>9;GIGH5J5H5?COHCC8C6F5J5:=B5B7=>G?=A9BH=H9H=A5 I "FJ5HG?C> J=O9A=@=>IBG?9 = B9?CBHFC@=F5B9 CD9F57=>9 DF5B>5 DF@>5JC; BCJ75 =N GJ=< 8=>9@CJ5GJ=>9H5 %5C OHC B9?9 8FU5J9 CDGH5>I ?5C 8FU5J9 ų ?C7?5FB=79 -5B589F >9 CGA=G@=C A9<5B=N5ACDGH5B?5B>9;CJC;GIGH5J5H5?COHC>98FU5JIDF9HJCF=CI8FU5JIųDF5CB=7I ?F=A=B5@BC; BCJ75 HC >9 >98BCGH5JBC 6=@C DF9J=O9 N5 -5B589FCJ9 GI;CJCFB=?9 I IFCDG?C>IB=>= IFCDG?5?CA=G=>5OHC>9C=HC=NN58B>=<#NJ>9O5C8@I=@5>9GDF=>9=H= H5?J985@>B>9CD9F57=>9
G
!KI=CKF*=NCAPEÚ
bÊ ËÓÌ[ 'C>= =NJCF= HJF89 ?5?C >9 Ũ?5D ?C>5 >9 DF9@=@5 5OIű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Ʃ #/ ?C>5 6FC>= 5? N5DCG@9B=?5 '=B=GH5FGHJ5 :=B5B7=>5 .C >9 85?5?C 6=@5 B9J>9FC>5HB5@5U .5?J5ŨC65J>9OH5>B5ű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
Austrijsko – hrvatska operacija prikrivanja organiziranog kriminala u Hypo banci / @=DB>I ;C8=B9 IFCDG?5 ?CA=G=>5 8CB=>9@5 >9 ?CB5BI C8@I?I C C6IGH5J@>5B>I DF9;CJCF5 G "FJ5HG?CA I DC8FI>I DF5JCGI¡5 B5?CB OHC GI G9 =N =B:CFA57=>5 ?C>9 GI 8C6=J5@= C8 B9J@58=B=< =NJCF5 IJ>9F=@= ?5?C >9 G5A JF< 0@589 IA=>9O5BICD9F57=>9DF5B>5BCJ75?FCNG?=GIGH5J :9F5FC8CGD@=H=DF5B>9B9N5?CB=HC;BCJ75DF9?CH5>B=<F5IB5I,5=::9=G9B 65B7= I "FJ5HG?C> I=B=@= GI 9@B=?9 IFCDG?9 ?CA=G=>9 G5AC C8@IB=>=A5 I B5?5B= N56@C?=F5B>9ADF9;CJCF5G"FJ5HG?CAIDC8FI>IDF5JCGI¡5 )HC>8F5GH=BC>A>9F= IFCDG?9?CA=G=>9#JC-5B589F8C6=C>9=B:CFA57=>IJ9IGJ=6B>I ;C8=B9OHC >9DF9A=>9FC8@I=CN5H5>=H=5?=B9?=A@5BCJ=A5GJC>90@589 >9@CJ=HI=B:CFA57=>I =A5@= GI >98=BC -5B589F *C@5B97 VI?9F = A=B=GHF=75 &CJF=B )GH5@= @5BCJ= 0@589 IG?F59B= GI N5 =NJ>9O9 GJC>9; O9:5 C B5>BCJ=>=A H=<=A G5B?7=>5A5 IFCDG?9 IB=>9 DF9A5DC@=H=?CA45;F96I #D5?GI89=DF9A5=NJCF=A5=N5BG?=<8JCF5G57=>9@=A>9 DFC6@9ACAJ9IFI>BIIDCNB5H=;@5JB=8FU5JB=C8J>9HB=?'@589B5>=?C>=>9HF965C GI8>9@CJ5H=IG5GH5J@>5B>I=BH9F8=G7=D@=B5FB9F58B9G?ID=B9?C>5>9HF965@5GI8>9@CJ5H= I>CO>98BC>@5UBC>CD9F57=>=ųGHJ5F5B>IGIGH5J5N56CF6IDFCH=JDF5B>5BCJ75?5?C6= G9IFCDG?C>?CA=G=>=>CO>98BCAŨN5A5N5@9C=ű?CNA9H=?=ADCH9N=A5-5B589FCJ9 58A=B=GHF57=>9=FU5JBC;C8J>9HB=OHJ5 #FCB=BC D5FHB9F= "FJ5HG?C> I CJCA DFC>9?HI 6=@= GI IDF5JC IGHF=>5 = B>9N=B= GHFIB>57= =@C >9 HC @C;=BC $9F ?C@=?C ;C8 >9 5:9F5 "MDC 65B?9 DCGH5@5 B9I;C8B5 N59DCH9B7=>5@B5DC@=H=?5CD5GBCGHN50@58IIGHF=>9 -HC;5GI 8J=>90@589C8@==@9N5>98B=?CACD9F57=>CADF=?F=H=7=>9@I5:9FI
G
+(/0(*#&'
Hrvatska narodna banka umije!ana u organizirani kriminal pranja novca *CG96BCA Ũ7FBCA FIDCAű GIGH5J5 I "FJ5HG?C> GA5HF5 G9 "FJ5HG?5 B5FC8B5 65B?5?C>5B=>9IGH5B>IJFO=H=GJC>9N5?CBG?9C6J9N9=CJ@5GH=B58NCF5B58:=B5B7=>G?=A G9?HCFCADCG96BCB58NCF5B5865B?5A5 )8BCGBC I IFCDG?C> ?CA=G=>= GA5HF5>I ?5?C "( 8C 85B5G B=>9 8>9@CJ5@5 8CJC@>BCC8@IBC=8CG@>98BCB5GIN6=>5B>IDF5B>5BCJ75IG?CA GIGH5JI H9 8CG585OB>= GIGH5J ?CBHFC@9 65B5?5 DF9?C "(5 GA5HF5>I ŨOID@>=Aű = B98CGH5HB=A DCG96BC >9F B=>9 6=@C NB55>B=>9 A9¡IGC6B9 GIF58B>9 "(5 '=B=GH5FGHJ5 :=B5B7=>5 FU5JBC; C8J>9HB=OHJ5 '=B=GH5FGHJ5 DF5JCGI¡5 = GI8CJ5 B5 GIN6=>5B>IDF5B>5BCJ75I"FJ5HG?C> $COCN6=@>B=>=ADFC6@9ACAIIFCDG?C>?CA=G=>=GA5HF5>I0@58=B5@5UB5=NJ>9O5 I?C>=A5G9GH5B>9DC?IO5@CDF=?5N5H=6C@>=AB9;COHCCBCIGHJ5FBCGH=>9GH
W^1 l =B=G9GJ5?5?C?5?C>9?F=N5IC8BCGI-5B589FCJ90@589=IFCDG?9?CA=G=>9 8CG9;BI@5 CN6=@>B9 F5NA>9F9 ?C>= I?5NI>I B5 DCGHC>5B>9 CF;5B=N=F5BC; ?F=A=B5@BC; :=B5B7=>G?C; GIGH5J5 I "FJ5HG?C> ?C>= CDG@IUI>9 A9¡IB5FC8B9 CD9F57=>9 DF5B>5 ?F=A=B5@BC;BCJ75 $98BC >9 G=;IFBC 0@585 CJ5> DFC6@9A B99 >98BCGH5JBC F=>9O=H= B=H= ACU9 8C?5N5H= ?5?C B=>9 6=@5 IA=>9O5B5 I DF=?F=J5B>9 CF;5B=N=F5BC; ?F=A=B5@5 J9N5BC; IN DF5B>9 BCJ75 #5?C -5B589F G?F=J5 CJ9 =B>9B=79 B>9;CJ5 8FI;5 0@585 GJC> A5B85H N5DC=B>9CN6=@>BCA?F=NCADFC79G5DF=GHID5B>5"FJ5HG?9IFCDG?C>IB=>= =B>9B=79=8C?IA9BH9CIA=>9O5BCGH=B>9;CJ90@589ICF;5B=N=F5B=?F=A=B5@I "MDC65B7=#JC-5B589FB99AC=>CO8I;CG?F=J5H= *CGHC>=CD5GBCGH85CJCD=H5B>9 DCGH5B9DFJ=H9GHDCJ>9F9B>5B>9;CJC>?C5@=7=>G?C>0@58=I"FJ5HG?CAG56CFIDC;CHCJC I?C@=?CB9?=C8B>9;CJ=<?C5@=7=>G?=<D5FHB9F5B5?CBOHCCJ55:9F5DCGH5B9>5JB5GHJ5F B99 9H= DF9IN9H= 8=C DC@=H=?9 C8;CJCFBCGH= N5 DC;F>9O?9 -5B589FCJ9 DF9H
G
!KI=CKF*=NCAPEÚ
"2>HKGEN=0=J=@ANKRLNKFAGPġ,@JKOE=JOGED@RKN=E "QNKLOGAGKIEOEFAQGNEPEÜJKFB=VE .5>BC#NJ>9O9CDFCJ986=DF98DF=GHIDB=<DFC;F5A5IFCDG?9IB=>9G5GH5J@>9BC ?F5>9ADFCG=B75 ;C8=B9F5NCH?F=J589H5@>9CF5N@CN=A5N6C;?C>=<>9IFCDG?5 ?CA=G=>5 C8@I=@5 8C 85@>B>9;5 C6IGH5J=H= "FJ5HG?C> :=B5B7=F5B>9 DFC;F5A5 =N DF98DF=GHIDB=<:CB8CJ5IFCDG?9IB=>9
i Ô h^[ 5B5 DFCG=B75 ;C8=B9C8FU5B>98FI;=DCF98IG5GH5B5?N5>98B=?C; B58NCFBC;C86CF5"FJ5HG?9=IFCDG?9?CA=G=>9N5B58NCFIDF5J@>5B>5:=B5B7=>G?=A GF98GHJ=A5 =N DFCF5IB5 IFCDG?9 IB=>9 ?C>5 ,9DI6@=?5 "FJ5HG?5 ?CF=GH= C8 J9@>59
;C8=B9 Ũ45?@>I7=CGH5B>II8979BHF5@=N=F5BCAGIGH5JIDFCJ9869DF98DF=GHIDB9 DCAC= / Ʃ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ű GHC>= I N5D=GB=?I G5 G5GH5B?5 N5>98B=?C; B58NCFBC; C86CF5 N5 B58NCF ?CF=OH9B>5 :=B5B7=>G?=< GF98GH5J5 =N DF98DF=GHIDB=< :CB8CJ5IFCDG?9IB=>9
p [k -I89= DF9A5 G58FU5>I CJC;5 N5D=GB=?5 DF98GH5JB=7= IFCDG?9 ?CA=G=>9 GA5HF5>I?5?C>9N5?5N5CGIGH5J?CBHFC@9?CF=OH9B>5:=B5B7=>G?=<GF98GH5J5=N:CB8CJ5 IFCDG?9 IB=>9 ?C>9 =N DF98DF=GHIDB=< :CB8CJ5 ?5C C6@=? DCAC= N5 IG?@5¡9B>9 G5 GH5B85F8=A5IFCDG?9IB=>9DF=A5,9DI6@=?5"FJ5HG?5 09@=?= 6FC> C86=>9B=75 N5 :=B5B7=F5B>9 DF=>5J@>9B=< DFC;F5A5 =N "FJ5HG?9 N5DF5JC;CJCF=C?CFIAD=F5BCGH=GIGH5J5I8FU5JBC>IDF5J=I"FJ5HG?C>?C>=6=ACF5C B58N=F5H=DCHFCOB>I=?CF=OH9B>9GF98GH5J5IFCDG?9IB=>9?5C=G5A9DFC;F5A9?C>=G9 :=B5B7=F5>I ŨIFCDG?5?CA=G=>5GA5HF585G9GIGH5JDFCJ9869DF98DF=GHIDB9DCAC= Ʃ-F98=OB>5>98=B=75N5:=B5B7=F5B>9=I;CJ5F5B>9 -$ /(57=CB5@B=:CB8 ( =>98=B=79N5 DFCJ986IDFC>9?5H5IA=B=GH5FGHJ=A5B5@5N=I?F=H=BC>:5N=C8BCGBCDF98HF9BIH?CA ?5859IFCDG?5?CA=G=>5CDCNJ5H=5?F98=H57=>I?C>I>985@5N58979BHF5@=N=F5B=GIGH5J DFCJ9869Ʃ#-I"FJ5HG?C>ƥ
G
+(/0(*#&'
Argumenti Europske komisije .5>B= N5D=GB=? C G5GH5B?I N5>98B=?C; B58NCFBC; C86CF5 ," = IFCDG?9 ?CA=G=>9 C B58NCFI ?CF=OH9B>5 :=B5B7=>G?=< GF98GH5J5 =N DF98DF=GHIDB=< :CB8CJ5 / 89H5@>BC B5JC8= = 5F;IA9BH9 ?C>9 >9 B5 G5GH5B?I =NB=>9@5 IFCDG?5 ?CA=G=>5 I GJ9N= ?F=N9 I C8BCG=A5 9 ?585 >9 I D=H5B>I ?CF=OH9B>9 DF98DF=GHIDB=<9IFCDG?=<:CB8CJ5 Ũ-JC>IC7>9BIIFCDG?5?CA=G=>5H9A9@>=B5G@>989=A5F;IA9BH=A5 50=GC?C> GHCD= C86=>9B=75 B5 8C?IA9BH9 ?C>9 -$ / O5@>9 9@9;57=>= IFCDG?9 ?CA=G=>9Ʃ%B5?CBHFC@I #GDF5J7=8C?IA9BH57=>9JFO9G9H9A9@>9AN5DF=A@>9B=< C86=>9B=75 DF9A5 9AI 8>9@5HB=7= %CA=G=>9 N5?@>II>I 85 G9 -$ / CG@5B>5 B5 DFCJ>9FI?C>IJFO=%5B9F5NJ=>5B>9J@5GH=H=<GDCGC6BCGH= .C>9DF9A5B>=9B>IF9NI@H5H=B98CJC@>BCF5NJ=>9BC;GIGH5J5?CBHFC@9I-$ / 609@=?=A JF9A9BG?=A N5CGH57=A5 I I;CJ5F5B>I C8BCGBC J=GC?CA =BH9BN=H9HI I;CJ5F5B>5DF>9=GH9?5?F5>B>=<FC?CJ5 /DCG@>98B>=<A>9G97DFC;F5A5*",
=>=>9FC?N5I;CJ5F5B>9=GH9?5C GHI89BC;I;CJCF9BC>9DF9?CƨGJ=< I;CJCF55IN58B>=<H>985B85B5C?Cƨ 7(9DCOH=J5B>ID@5BCJ5=DFC>9?7=>58CGH5J98C?IA9BH57=>9DF9A5%I=A9G9 ;I6=J>9FC8CGHC>BCGH=B9AC;IBCGHD@5B=F5B>5F58BC;CDH9F99B>5 8(98CGH5HBC>C6I7=8>9@5HB=?5-$ /=>98=B=75N5DFCJ986IDFC>9?H5űB5JC89G9I N5D=GB=?I5F;IA9BH=DF98GH5JB=?5IFCDG?9?CA=G=>9
Europska komisija suspendirala ugovore s Hrvatskom vrijedne 130 milijuna eura *CG@>98=75 IHJF¡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ŨFID5űIFU5JBCADFCF5IBI ŨIFCDG?5?CA=G=>5>9C885B5N5?@>I=J5B>5G5GH5B?5 ;C8=B9IJ9@5G@>9899A>9F9 5-IGD9B8=F5G9C8C6F5J5B>9GJ=<I;CJCF5G5GHF5B99@9;57=>9IFCDG?9?CA=G=>9 .CDC8F5NA=>9J585B=H=>985BI;CJCFN5DFC;F5A*",B9ACU96=H=DCHD=G5B =DIOH9BIDFCJ986IC8BCGBC85>98C=GDIB>5J5B>5N585B=<IJ>9H5C6IGH5J@>9BC ?CF=OH9B>9:=B5B7=>G?=<GF98GH5J5I=NBCGIC8 A=@=>IB59IF5 6@C?57=>5B5A=>9B>9B5"FJ5HG?C>N5 ;C8=BIGA5B>I>9G9N5A=@=>IB59IF5 G5A=@=>IB59IF5B5A=@=>IB59IF5ű
G
!KI=CKF*=NCAPEÚ
p ^Ë[ komisije *F=>9B9;C@=IFCDG?5?CA=G=>5DF=9GIGD9BN=>985@>B>9; ?CF=OH9B>5:=B5B7=>G?=<GF98GH5J5=NDF98DF=GHIDB=<:CB8CJ5/"FJ5HG?5ACF5=GDIB=H= O9GHBCJ=<A>9F=@5DCGH5J@>9B=<B5G5GH5B?IN5>98B=?C;B58NCFBC;C86CF5IDFCG=B7I
;C8=B9 ŨIFCDG?5?CA=G=>5>9IJ9@5G@>9895A>9F=@5 5'>9F=@C *CHF96BC>9IB5DF=>98=H=GIGH5JD@5B=F5B>5I8979BHF5@=N=F5BCAGIGH5JI DFCJ9869 ?5?C 6= CBC 6=@C ?J5@=H9HB=>9 = C8FU=J=>9 .C DC8F5NIA=>9J5 85 G9 JF9A9BG?=D@5BCJ=DF=DF9A98C?IA9BH57=>9DFCJ9869B5H>95>5C7>9B9DCBI85 = I;CJ5F5B>5 DF5JCJF9A9BC =NJFO5J5>I *CHDIBC I?@>I=J5B>9 8>9@5HB=?5 -$ / I B58NCF DFCJ9869 DFC>9?5H5 C8BCGBC B>=9@CJ5B>9 B5 B58NCFB=A G5GH5B7=A5 6'>9F=@C *CHF96BC>9GA5B>=H=6FC>C86=>9B=75%5N5GJ9JFGH98C?IA9B5H5 7'>9F=@C )9?I>9 G9 DC8=N5B>9 F5N=B9 ?I@HIF9 =NJ>9O=J5B>5 C B9DF5J=@BCGH=A5 Ʃ58A=B=GHF5H=JB=A;F9O?5A5B5B5=B85G9=NJ>9OH5>=CB9DF5J=@BCGH=A5O5@>II OHC?F59AFC?IC8B>=9F9N5=GDF5J@>5B>9B9DF5J=@BCGH= 8'>9F=@C *CHF96BC>9DCJ95H=6FC>@>I8=I-$ /B58CJ9@>59 ;C8=B9 .5?C¡9FHF965DCJ95H=6FC>@>I8=I)8>9@IN5?CBHFC@IB5N5DCG@9B=?5?5?C6=G9 AC;@9C65J=H= ƨHB9?CBHFC@9GJ98C?IA9BH57=>9DF=>9B>=5I% 9'>9F=@C .F5BN=7=>5=N-$ /I-F98=OB>I5;9B7=>IN5:=B5B7=F5B>9=I;CJ5F5B>9ACF5 6=H=IDCHDIBCGH=C65J@>9B58CJ9@>59 ;C8=B9 :'>9F=@C -J= B5@5N= F9J=NCF5 IFCDG?9 ?CA=G=>9 =N DFC@>95 C F58I 8979BHF5@=N=F5BC; GIGH5J5 DFCJ9869 ACF5>I 6=H= =GDCOHCJ5B= 8C CUI>?5 ;C8=B9űGHC>=IN5D=GB=?IG5G5GH5B?5N5>98B=?C;B58NCFBC;C86CF5"FJ5HG?9= IFCDG?9?CA=G=>9C8GF98=B9DFCG=B75 ;C8=B9
Hrvatska pred visokim rizikom ukidanja akreditacije za kori!tenje [k1 Ô[k #N N5?@>I?5 H5>BC; N5D=GB=?5 G5 G5GH5B?5 N5>98B=?C; B5NCFBC; C86CF5 ,9DI6@=?9"FJ5HG?9=IFCDG?9?CA=G=>9C8 DFCG=B75 ;C8=B9F5NJ=8BC>9?5?C >9 IFCDG?5 ?CA=G=>5 C7=>9B=@5 85 G9 "FJ5HG?5 B5@5N= DF98 J=GC?=A F=N=?CA DCHDIB9 C6IGH5J9 5?F98=H57=>9 N5 ?CF=OH9B>9 :=B5B7=>G?=< GF98GH5J5 =N DF98DF=GHIDB=< :CB8CJ5 /OHC6=DCC7>9B=IFCDG?9?CA=G=>9=A5@C=CN6=@>B9DCG@>98=79B5H=>9?DCGHID?5 DF=A5B>5"FJ5HG?9I@5BGHJC/B=>9 Ũ"FJ5HG?5G 9B5@5N=DF98J=GC?=AF=N=?CAI?=85B>55?F98=H57=>9N58979BHF5@=N=F5BC IDF5J@>5B>9GF98GHJ=A5IFCDG?9IB=>9=GHC;5>9=NIN9HBC6=HBCOHCUIFB=>9=I=B?CJ=H=>9 I?@CB=H=DCGHC>99B98CGH5H?9IGIGH5JI /G@I5>I;I6=H?55?F98=H57=>9"FJ5HG?5B99 6=H= I AC;IBCGH= =G?CF=GH=H= F5GDC@CU=J9 DF98DF=GHIDB9 :CB8CJ9 I =NBCGI C8 A=@=>IB59IF5;C8=OB>9OHCG9C8BCG==B56I8I9#*:CB8CJ9GJ9HC=A585@9?CG9UB9 DC@=H=?9 =AD@=?57=>9 = IH>99 B5 DF9;CJCF9 C @5BGHJI I / /?=85B>9A 5?F98=H57=>9
G
+(/0(*#&'
"FJ5HG?56=DCBCJBCHF965@5N5HF5U=H=5?F98=H57=>IN5:=B5B7=>G?CIDF5J@>5B>9GF98GHJ=A5 /C8BCGBCDFC=?FCNJ=O9A>9G9B=DFC79GDF=DF9A9N5JF55B>95?F98=H57=>9 )J5 =NIN9HBC G@CU9B5 G=HI57=>5 I GIGH5JI DFCJ9869 DF98DF=GHIDB9 DCAC= N59J5 D5UB>I GJ=< A=B=GH5F5 = B>=9?5H5 I J@5GH=HCAA=B=GH5FGHJIűN5?@>I=@=GIDF98GH5JB=7=IFCDG?9?CA=G=>9
a Ê^[ )J5>8C?IA9BH?C>=8C?5NI>9?F=NIDFC79G5DF=8FIU=J5B>5"FJ5HG?9IFCDG?C> IB=>=#JC-5B589FB5A>9FBC>9G5?F=CC85JBCGH=H=>9?CADCGHID?5DF9;CJCF5 CG5GH5J@>5B>IB>9;CJ98FI;9J@589 /DF5JC GIDFCHBC 8C?5N=A5 =N CJC; N5D=GB=?5 -5B589F >9 = I DF98=N6CFBC> ?5AD5B>= = B5?CB B>9 HJF8=C ?5?C >9 IDF5JC CB DF9A=>9FG?= ?5B8=85H ?C>= IU=J5 DCHDCFIDF98GH5JB=?5IFCDG?9IB=>9N5DCGH=N5B>9B>9;CJC;;@5JBC;DC@=H=?C;7=@>5 ų DIBCDF5JBC; @5BGHJ5 "FJ5HG?9 I IFCDG?C> IB=>= .5> 7=@> >9 =B= G9 N5 -5B589F5 85@>=B9;C=?5858CG585 /GDF?CGB98JC>69B=ADC?5N5H9@>=A58C?5N=A5=C8@I?5A5 DF98GH5JB=?5IFCDG?9?CA=G=>9-5B589F=B>9;CJ50@585C86=>5>IDF=NB5H= >5JBCGH==B>9B=7I85>9"4CJDFC>9?HDF=8FIU=J5B>5"FJ5HG?9IFCDG?C>IB=>=I?F=N= /A>9GHC DF=NB5B>5 =B>9B=75 C ?C>=A5 ;CJCF= = H5>B= 8C?IA9BH G5 G5GH5B?5 G5 DF98GH5JB=7=A5 IFCDG?9 ?CA=G=>9 -5B589F G9 C8@I=C B5 DFCD5;5B8B9 5?H=JBCGH= ?C>=A59DC?IO5H=DF=?F=H=?F=NIIC8BCG=A55BG?=<8JCF5=FIL9@@9G5
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
G
!KI=CKF*=NCAPEÚ
.5?CGIG9B5I85FIIFCDG?9?CA=G=>9B5O@9:=B5B7=>G?9CD9F57=>9"MDC@D9 8F=565B?9,5=::9=G9B65B?945;F965?965B?9*F=JF98B965B?945;F96-@5JCBG?9 65B?9H9:=B5B7=>G?9CD9F57=>9'=B=GH5FGHJ5:=B5B7=>5="FJ5HG?9DCOH5BG?965B?9
j_ ËÓ^dX¯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
fÔ *CG96BC DFC6@9A5H=B=A5 / GA5HF5 J=GC?9 ?F98=HB9 D@5GA5B9 DCG@CJB=< 65B5?5I"FJ5HG?C>IC8BCGIB5>98BC;=@=;FIDIDCJ9N5B=<?@=>9B5H5 /DF5JCH5?J= ?F98=HB=C8BCG=?5F5?H9F=N=F5>IJ9=BI?F98=HB=<DCG@CJ5II H5?J=< HF5BG5?7=>5 >5AGHJ5 N5 J=GC?9 ?F98=HB9 D@5GA5B9 GI =@= 8FU5JB5 >5AGHJ5 =@= >5AGHJ5 >98=B=75 @C?5@B9 IDF5J9 = G5ACIDF5J9 OHC IFCDG?5 ?CA=G=>5GA5HF5DF9H>9F5B=A=N@5;5B>9A?F98=HBCAF=N=?I C85HBC65B?9I"FJ5HG?C> GI 9GHC I GJC>5 J@5GH=H5 GF98GHJ5 I?@>I=J5@9 ;5F5B7=>9 ?C>9 =A >9 C8C6F=@5 8FU5J5 =@= @C?5@B5H=>9@5OHC/GA5HF5=NF5JB=ACA9H5B>9A?CB?IF9B7=>9B565B?5FG?CAHFU=OHI =?FO9B>9ADF5J=@5=F9?H=J9 "FJ5HG?5B5FC8B565B?55IHCA5H=NACA>9 F9;=GHF=F5@5J9@=?9D@5GA5B9?F98=HB=<=BGH=HI7=>5IN9A@>=69N85>9I=>98BCAC8H=< G@I5>9J5DC?F9BI@5:=B5B7=>G?=B58NCFGI?@58BCGJC>=AN5?CBG?=ACJ@5GH=A5 %5C OHC >9 J9 GDCA9BIHC CN6=@>B=A G9 DFCDIGH=A5 I B58NCFI DCG@CJ5B>5 65B?5FG?C; GIGH5J5 GA5HF5 B9IGDCGH5J@>5B>9 F98CJ=HC; B58NCF5 C8 GHF5B9 "( ?5C = B9DCGHC>5B>9 >98=BGHJ9BC; F9;=GHF5 ?F98=HBC; F=N=?5 ?C>9; 6= "( H5?C¡9F HF965@5
G
+(/0(*#&'
DF5H=H=IDCG@CJ5B>I:=B5B7=>G?=<=BGH=HI7=>5 IFCDG?5?CA=G=>5=B=G9GA5HF5858C CJ5?J=<DFCDIGH5B=>98CO@CG@I5>BCJ985>9"(IJ9=B=H=<G@I5>9J5G@IU=@5G5AC ?5CDF=FIB=G9FJ=GDCG@CJB=<65B5?5=B>=5N5@9;5@=N57=>I ID=HB=<=NJCF5:=B5B7=>G?=<GF98GH5J5?C>5G9?FCNDCG@CJB965B?9I"FJ5HG?C>D@5G=F5>I ?FCN?F98=H9?5?C6=G9@9;5@=N=F5CH=>9?B9N5?CB=H=<:=B5B7=>G?=<GF98GH5J5=NB9?C@=?C 9IFCDG?=< N9A5@>5 FI;=A F=>9=A5 IFCDG?5 ?CA=G=>5 GA5HF5 ?5?C GI DCG@CJB9 65B?9I"FJ5HG?C>?CF=GH=@9?F98=HB9D@5GA5B9N5DF5B>9BCJ75=N=BCN9AB=<:=B5B7=>G?=< CD9F57=>59AI>9DC;C8CJ5C?5CH=5B:=B5B7=>G?=GIGH5JIN9A@>==A5B>5?C8BCGBC B9DCGHC>5B>9GHJ5FBC;I=B?CJ=HC;B58NCF5C8GHF5B9GF98=OB>965B?9 / HCA GA=G@I GA5HF5>I 85 >9 I 5 J=GC?=< ?F98=HB=< D@5GA5B5 N6C; GDF=>95J5B>5 =N@5;5B>5 GIGH5J5?F98=HBCAF=N=?I?5C=GDF=>95J5B>5AC;I9?F=N9B9GC@J9BHBCGH=65B?5FG?C; GIGH5J5 N5 ?C>I GA5HF5>I 85 >9 I "FJ5HG?C> AC;I5 DCG@>98=75 8CG585OB>9 DC@=H=?9 DCG@CJ5B>5 65B5?5 = ?F98=HB9 DC@=H=?9 I N9A@>= # I HCA >9 GA=G@I "FJ5HG?5 B5FC8B5 65B?5DF9A5A=O@>9B>I/F95;=F5@5?5GBC=B9DF=?@58BC
Krediti unutar samih banaka posebno sumnjivi *CG96BC GIAB>=J=A D@5GA5B=A5 % GA5HF5 IBIH5FB>9 D@5GA5B9 DC>98=B=< 65B?5FG?=<GIGH5J5IN9A@>= (5=A9B=>96=@5F=>9H?CGHIDCG@CJ5B>I65B5?5I"FJ5HG?C> 85DC>98=B565B?5C8C6F5J5J=GC?9?F98=HB9D@5GA5B9GJC>C>65B7=?9F=DCJ9N5BCA 8FIOHJI =@= GJC>C> DC8FIUB=7= =@= D5? GJC>=A GIJ@5GB=7=A5 J=GC?C DCN=7=CB=F5B=A N5DCG@9B=7=A5=@=D5?@5BCJ=A5/DF5J9 *F9A5A=O@>9B>I%"FJ5HG?5B5FC8B565B?5DFCDIGH=@5>9=NJFO=H=B58NCFB58 H5?J=AHF5BG5?7=>5A5N5?C>9I9IFCDG?C>6=FC?F57=>=GA5HF5>I856=AC;@9DF98GH5J@>5H= ?@5G=B9CD9F57=>9DF5B>5BCJ75=B9N5?CB=H=<:=B5B7=>G?=<HF5BG:9F5 *F9A5A=O@>9B>I IFCDG?9?CA=G=>9I5 D@5G=F5 J9@=?5 ?F98=HB5 GF98GHJ5 % GA5HF5 ?5?C >9 HC GIDFCHBC B59@=A5 =F9?H=J9 )8F9869 H9 =F9?H=J9 N59J5>I 85 I G@I5>I ?585 IH>975> ?C>9; CGHJ5FI>I CGC69 ?C>9GI=NF5JBC=@=B9=NF5JBCJ@5GB=7=?J5@=:=7=F5>I9;I8>9@5I?F98=HBC>IGH5BCJ==A5 DCG@>98=79IGA=G@IOH9H9N5N8F5JC=F5N6CF=HCIDF5J@>5B>9GDCA9BIHCA=BGH=HI7=>CA B58@9UB5 H=>9@5 C6J9NB5 GI DC8IN9H= C8;CJ5F5>I9 A>9F9 N5 N5IGH5J@>5B>9 H5?J9 G=HI57=>9 IFCDG?5?CA=G=>5GI?@58BCB5J989BC>=F9?H=J=H5?C¡9FGA5HF5?5?C>9?C8 J9@=?=< D@5GA5B5 DCHF96BC IHJF8=H= DCG96B9 GH5B85F89 N5 D@5GA5B9 ?C>9 ?F98=HB5 IGH5BCJ585>9GJC>C>J@5GH=HC>;FID=?585G9ACF5>IC8F98=H=GHFCU5C;F5B=9B>5B9;C ?C8CGH5@=<D@5GA5B5 /J=8CAIGHFI?HIFIH5?J=<=BH9FB=<D@5GA5B5IBIH5FGIGH5J5 9?5?C>9B>=9IDF5JCGIDFCHBC CJ=A B59@=A5 =F9?H=J9 IFCDG?9 ?CA=G=>9 *F=A>99BC >9 ?5?C GI H5?J9 B5>J99 HF5BG5?7=>9C65J@>5B9I*F=JF98BC>65B7=45;F9645;F965?C>65B7="MDCD@98F=5 65B7==,5=::9=G9B65B7=F9;=GHF=F5B=A5I,9DI6@=7="FJ5HG?C> )6N=FCA 85 GI B5?CB H5?J=< D@5GA5B5 IBIH5F GJC>=< DCG@CJB=< GIGH5J5 I "FJ5HG?C> 65B?9 =@= DC8IN95 ?C>=A5 >9 ?F98=H D@5G=F5B I ?CB5B=7= BCJ57 C8 H=<
G
!KI=CKF*=NCAPEÚ
D@5GA5B5HF5BG:9F=F5@9I=BCN9AGHJCB5=N8JC>9B9F5IB9?C865B5?5?C>9GIJ@5GB=?= =@= DCG@CJBC DCJ9N5B9 G5 65B?5A5 I "FJ5HG?C> % GA5HF5 ?5?C G9 F58= C :=?H=JB=A ?F98=HB=A D@5GA5B=A5 N5 :=?H=JBC DF=?5N=J5B>9 @5UB=< 6=@5BB=< DC?5N5H9@>5 65B5?5 G5G>98=OH9AIN9A@>5A5IFCDG?9IB=>9H9N5@5UBCDF=?5N=J5B>9DC85H5?5CH9?IC> @=?J=8BCGH=65B5?5G5G>98=OH9AI/ FI;=AF=>9=A5IDF5JCDCHC>CGBCJ=CJ5?J=GIAB>=J=D@5GA5B==CJ5?5JAC89@ DF5B>5 BCJ75 DF9?C 65B5?5 I "FJ5HG?C> CN6=@>BC I;FCU5J5>I :=B5B7=>G?9 = 65B?5FG?9 GIGH5J9N9A5@>5@5B=75IFCDG?9IB=>9
ÌĜġZ[k *F9A5 =F9?H=J= / =N ;C8=B9 ƚD@5GA5B ?F98=HB9 IGH5BCJ9 ?@=>9BHI =@= ;FID=DCJ9N5B=<?@=>9B5H5GA5HF5G9J9@=?=AD@5GA5BCA5?CJF=>98BCGH=GHC;5=NBCG= =@=DF9@5N= ƨJ@5GH=H=<GF98GH5J5?F98=HB9IGH5BCJ9ƛ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ƚ7FB=<ƛ HC?CJ5 I IFCDG?C> IB=>==@==NJ5BB>9 *CG@CJB965B?9I"FJ5HG?C>H5?CGIB9F=>9H?CC8C6F5J5@9?F98=HB9D@5GA5B9 ?@=>9BH=A5=@=;FID5A5DCJ9N5B=<?@=>9B5H55?=?585>9JF=>98BCGH?F98=HBC;D@5GA5B5 DF9@5N=@5 ƨ J@5GH=H=< GF98GH5J5 65B?9 / "FJ5HG?C> B=>9 IGDCGH5J@>9B 8CJC@>BC ?F98=6=@5B GIGH5J B= A9<5B=NA= B58NCF5 J9@=?=< D@5GA5B5 I 65B?5FG?CA GIGH5JI $98B5?C H5?C I "FJ5HG?C> B=GI IG?@5¡9B5 DF5J=@5 C J@5GB=OHJI 65B5?5 I 8FI;=A 8FIOHJ=A5 DCG96BC CB=A5 ?C>5 B=GI ?F98=HB5 =@= :=B5B7=>G?5 =BGH=HI7=>5 B=H= 8FIOHJC ?C>9C65J@>58>9@5HBCGHDCJ9N5BIGCGBCJBCA8>9@5HBCGH=65B?9 %GA5HF5?5?C>9= B5H5>B5=BN5DF5JC65B?5A5I"FJ5HG?C>CAC;I9BCGHJ5F5B>9=@9;5@B=<65B?5FG?=< GIGH5J5 N5 DF5B>9 BCJ75 DF9?C DCJ9N5B=< 8FIOH5J5 = DC8IN95 ?C>5 GI I J@5GB=OHJI 65B5?5 *F9A5A=O@>9B>I%H5?JC>9DCG@CJ5B>965B5?5HF965@CC;F5B==H=GI?@58BC =F9?H=J=/ ƚ(=H= >98B5 ?F98=HB5 IGH5BCJ5 B9 ACU9 =A5H= ?J5@=:=7=F5>I= I8>9@ =>= =NBCG DF9@5N= ƨJ@5GH=H=<GF98GH5J5I8FIOHJI?C>9B=>9B=?F98=HB5IGH5BCJ5B=:=B5B7=>G?5 IGH5BCJ5ƛGHC>=I=F9?H=J= %I?CB5B=7=GA5HF5?5?CGI=DCGHID7=F9J=N=>9I9U9B=AGH5B85F8=A5F9J=N=>9DCG@CJ5B>565B5?5 =:=B5B7=>G?=<IGH5BCJ5 -A5HF5G9?5?C@5U=F5B5F9J=NCFG?5=NJ>9O5G@IU965B?5A5I "FJ5HG?C> N5 @5UBC IF98BC DF=?5N=J5B>9 DCG@CJ5B>5 65B5?5 = DCG@CJB=< :=B5B7=>G?=< DC?5N5H9@>5=A9G98C85HBCI;FCU5J5GH56=@BCGH:=B5B7=>G?C;=65B?5FG?C;GIGH5J5 DCG96BC>9FG9F58=C65B?5A5?C>9GIJ@5GB=?==DCG@CJBCIG?CDCJ9N5B9GA5H=B=A
G
+(/0(*#&'
65B?5A5IN9A@>5A5@5B=75A5IFCDG?9IB=>9
dÔfXp -HC;5 6= I G@>989=A H>98B=A5 IFCDG?5 ?CA=G=>5 AC;@5 IDIH=H= "FJ5HG?C> DCG96BC #NJ>9O9 I ?C>9A 9 IJ>9HCJ5H= <=HB9 A>9F9 N5 GDF=>95J5B>9 85@>B>=< B9N5?CB=HCGH=IF58I65B5?5I"FJ5HG?C> "FJ5HG?5=B=G965F9AOHCG9H=9IFCDG?9 ?CA=G=>9DF98GH5J@>5F5>N5J@5GB=?9=@9;5@BCGH99BC;?5D=H5@5 .5?CGH99B=ƚDF@>5J=ƛ BCJ57 ƚD9F9ƛ G9 :=B5B7=>G?=A CD9F57=>5A5 = :=?H=JB=A ?F98=HB=A D@5GA5B=A5 DF9?C 65B5?5I"FJ5HG?C>856=DCHCAN5JFO=CB5H5>B=AF5IB=A5?C8A5H=B=<65B5?5I =BCN9AGHJI "FJ5HG?5B5FC8B565B?5='=B=GH5FGHJC:=B5B7=>58C85B5GB=GIDC8IN9@=B=OH5 ?5?C6=GDF=>9=@=CJ5>CF;5B=N=F5B=65B?5FG?=?F=A=B5@ (5DFCH=JDF9OIHBCGIC8C6F5J5@= CJ5?J9:=B5B7=>G?9CD9F57=>965B5?5H9GIB9F=>9H?C=G5A98FU5JB9=BGH=HI7=>9=NF5JBC IA=>9O5B9 I GIAB>=J9 ?F98=HB9 5F5BUA5B9 G5 B9?=A DCG@CJB=A 65B?5A5 *F9A5 B9?=A8CGHIDB=A8C?IA9BH=A5'=B=GH5FGHJC:=B5B7=>5I>98BCA>9HF9BIH?IB5H5>B=A F5IB=A5?C8*F=JF98B965B?945;F96=A5@CDC@CU9B=<DF9?CDC@5A=@=>5F899IF5I ;CHCJCA BCJ7I .5> BCJ57 = H= F5IB= B=GI I HCA HF9BIH?I 6=@= B=;8>9 F9;=GHF=F5B= B=H= DFC?B>=U9B=B=H=>9H5>BCJ57JC¡9B=DFC?B>=U9BI;@5JBC>?B>=N=FU5JBC;DFCF5IB5 -HC;5GIB98JC>69B=8C?5N=IA=>9O5BCGH==NJFOB9J@5GH=="(5ICF;5B=N=F5B= 65B?5FG?=?F=A=B5@=A9¡IB5FC8BCDF5B>9BCJ75DF9?C65B5?5I"FJ5HG?C>
=JGAQ?FAJFQFQ3H=@Q>=JGNKPKI@NĜ=RA #JC -5B589F B5@5N= G9 I B9N5 DCN=7=>= I C8BCGI B5 DCG@CJB9 65B?9 I "FJ5HG?C> *F98G>98B=7= IDF5J5 H=< 65B5?5 DF=>9 H>985B 85B5 IDIH=@= GI "4CJI DF9A=>9FI CHJCF9BI DF=>9HB>I I7>9BI =N5N=J5B>9A 65B?FCH5 8FU5JBC; :=B5B7=>G?C; GIGH5J5I?C@=?C0@585B9DF=G=@=;IJ9FB9F5"(5W9@>?5,C<5H=BG?C;B5DCDIOH5B>9 65B?5A5 I C;F5B=5J5B>I B>=5@B9 DC@=H=?9 / C8BCGI B5 -5B589FCJI0@58I?C>5F5GDC@5U9DFCF5IBG?=A=NBCGCAC8 A=@=>5F85?IB565B?9 I"FJ5HG?C>F5GDC@5UI:=B5B7=>G?CA5?H=JCAI=NBCGIC8 A=@=>5F85A=@=>IB5 H=GI5?IB5DF9A5DC85H7=A5B585B FI>B5
dÔi Ê (5>>59 65B?9 8CG@CJBC GI I7=>9B=@9 0@58I #J9 -5B589F5 85 =NJFO= DF=H=G5? B5 ;IJ9FB9F5"(5 (5?C>=B5=B$98BCGH5JBC 0@585G9H=>9?CADFCH9?@=<HF=;C8=B9 N58IU=J5@5 ?C8 ?CA9F7=>5@B=< 65B5?5 9GHC DF9?CBCB=A ?F98=H=A5 N5 @=?J=8BCGH :=B5B7=>G?C; GIGH5J5 ?5?C 6= 8FU5JB9 =BGH=HI7=>9 AC;@9 G9FJ=G=F5H= GJC>9 :=B5B7=>G?9 C6J9N9
G
!KI=CKF*=NCAPEÚ
.5?J=?F98=H=?C>=G585DF9@5N9 A=@=>5F85?IB5B=GI=G?5N5B=B=H=I>98BCA G@IU69BCA8C?IA9BHI'=B=GH5FGHJ5:=B5B7=>5B9DCGHC>=G@IU69B=F9;=GH5FH=<?F98=H5 B=H=>9H5?J95F5BUA5B9A=B=GH5F:=B5B7=>5DCHD=G=J5CB5H9A9@>IN5?CBCADF98J=¡9B9 DFC798IF9 $98BCGH5JBCC8@I?CADF9A=>9F5=B>9;CJ5A=B=GHF5:=B5B7=>58FU5JB=8I; DF9A5 ?CA9F7=>5@B=A 65B?5A5 B5F5GH5C >9 B5 A=@=>5F85 ?IB5 69N DCOH=J5B>5 N5?CBG?9DFC798IF9?C8DCHD=G=J5B>5H5?J=<5F5BUA5B5 (5F5JBC ?CA9F7=>5@B9 65B?9 GI G9 I;CJCFBC CG=;IF5@9 C8 AC;I=< F=N=?5 = 8FU90@58IŨIO598BCGHF5BCAC8@I?CAAC;I>98BCGH5JBC 58A=B=GHF5H=JBC = CD9F5H=JBC :=B5B7=>G?= 6@C?=F5H= 7=>9@= 8FU5JB= :=B5B7=>G?= GIGH5J = :IB?7=CB=F5B>98FU5JB958A=B=GHF57=>9?5C=DFCF5IBG?<C6J9N5
XÊ ÊÓ*Ë status” !FID565B5?5?C8?C>=<G9-5B589FCJ50@585H5>BC=DFCHIN5?CB=HCN58IU=J5@5 DF98GH5J@>5N5DF5JC=DC5?H=J=?C>CAF5GDC@5UIB5>>5965B?9I"FJ5HG?C>45;F965?5 65B?5*F=JF98B565B?545;F96"MDC@D98F=565B?5,5=::9=G9B65B?IGHF=5FGH9 =-H9=9FA5F?=G7<965B?"FJ5HG?5DCOH5BG?565B?5 0@585>9HC>;FID=65B5?5IGA=G@I F9GHF=?H=JB=<A>9F5"(5IC8BCGIB5F5GH?F98=H5C695@5HNJ ŨDCJ@5OH9B=DC@CU5>Ų )8BCGBCC695BC=A>9?5?C9DCG96B=AI;CJCF=A5G50@58CA6=H=F9;I@=F5BB>=9 GI8>9@I>I I F95@=N57=>= DFC>9?5H5 C8 DCG96BC; B57=CB5@BC; NB55>5H99B5H9A9@>IH5?JC;GH5HIG5=I;CJCF5G5-5B589FCJCA0@58CA=GH96=H= =NIN9H9C8DFCJC¡9B>5F9GHF=?H=JB=<A>9F5"(5
iÔÊ -HF5B9 GI 65B?9 >98BCGH5JBC GJC>=A GIAB>=J=A :=B5B7=>G?=A CD9F57=>5A5 I "FJ5HG?C>GH9?@9>59DCN=7=>9:=B5B7=>G?9AC=C8G5A98FU5J9H9GIIDC@CU5>I=N?C>9; AC;I>98BCGH5JBC=69NDCG@>98=75DCGJC>9DCG@CJ5B>9I7>9B>=J5H=0@58I -5AC *F=JF98B5 65B?5 45;F96 = 45;F965?5 65B?5 N5>98BC >59 GI GJC>CA :=B5B7=>G?CA5?H=JCAC85F8I A=@=>IB5 H=GI9 ?IB5 8C? 4 F5GDC@5U9 5?H=JCA C8 A=@=>5F85A=@=>IB5H=GI5?IB5 -@>9895DCGB5N=>9FGH965B?5G5A=@=>5F85 A=@=>IB5H=GI5?IB5,5=:9=G9B65B?5G5A=@=>5F85A=@=>IB5H=GI5 ?IB5D5DCHCA-D@=HG?5="MDC65B?5
ZÊ FU5J5>9DF9N58IU9B565B?FCH=F5B5=I7=>9B>9B5C8GHF5B9ACB9:=B5B7=>G?9 65B?5FG?9C@=;5F<=>9?C>5GHJ5FBCIDF5J@>50@58=B=ADCH9N=A5=C8@II>9C0@58=BC> :=B5B7=>G?C>=;CGDC85FG?C>GHF5H9;=>= -HJ5FB=F5NA>9F=CJ9?F=N9>COB=GIDCNB5H=?5C OHCB=>9=NJ>9GBC?58598C=8CDFJ=<>5JB=<=B8=?57=>5H5?J9?F=N9IC8BCGI0@589= ?CA9F7=>5@B=<65B5?5 '9¡IH=A=NJ>9GBC>985CHCAIC8@II>IIDF5J9B5>ACB=>=< 65B5?5I"FJ5HG?C> .5 :=B5B7=>G?5 ;FID5 B9A5 OHC =N;I6=H= (5 ?F=@=A5 :=B5B7=>G?9 ?F=N9 CB= G5AC
G
+(/0(*#&'
AC;IDFC:=H=F5H=I?C@=?CDFJC8C6FC=GDFC>9?H=F5>IGJ99@9A9BH9?F=N9?C>=A58FU5J5 HF965=N@CU=H= %585G9C8@I9N5B5>DFC:=H56=@B=>=G79B5F=>6=H=9ACGJ>98C7=>98B9C8 B5>J9=<:=B5B7=>G?=<?F=N5I"FJ5HG?C>C8DC9H?5 GHC@>95
3H=@=P=FJKV=@QĜEH=@NĜ=RQV=IEHEF=N@AAQN= 0@585,9DI6@=?9"FJ5HG?9>98B5?C85B5OB>5-5B589FCJ5?5C=CB5DF9HIDC85H?9CN58IU9BCGH="FJ5HG?9C8BCGBCB9DF=?5NI>IDF5JCGH5B>9 8FU5JB=<=BCN9AB=<?F98=H5B=H=B5>J9=8=C?F98=H5?B>=U9I8C?IA9BH57=>==FU5JBCA DFCF5IBI?5CC6J9N9DCA9¡IB5FC8B=A?F98=H=A5 .95CJ9DC@=H=?9DF=>9J5F9>9JF@C>98BCGH5JB5 (5>J9=8=CN58IU=J5B>5 I DCG@>98B>=< O9GH ;C8=B5 C8J=>5 G9 HF5BG5?7=>5A5 DFC85>9 8FU5JB=< C6J9NB=75 ,C? 8CGD=>95 I;@5JBCA >9 ?F5H?CFC5B 8C? >9 B9?=< ƨ H5?J=< C6J9N5 8I;CFCBC; ?5F5?H9F5 )BCOHC>9N5B=A@>=JC>9GH=B>9B=75?5?C0@585,9DI6@=?9"FJ5HG?9C6J9N9 JF55B>5?F98=H5DCD@5G=F5B=A8FU5JB=AC6J9NB=75A5B=;8>9B9?B>=U=B=H=JC8=?5C ?F98=HB9C6J9N9=N58IU=J5B>9,9DI6@=?9"FJ5HG?9 .5?J5DC@=H=?5N58IU=J5B>5CG=AOHCA9¡IB5FC8B9?F98=HB9C6J9N9=N58IU9BCGH ,9DI6@=?9"FJ5HG?9=B=B9HF5BGD5F9BHB=A5DF=?F=J5=DIH9J9HFCO9B>5H5?CGH99BC; BCJ75 C8BCGBC :=B5B7=>G?9 HF5BG5?7=>9 I ?C>=A5 N5JFO5J5 BCJ57 N5 ?C>= >9 "FJ5HG?5 B9N5?CB=HC=IH5>BCGH=N58IU9B5
lÊË milijarda eura inozemnog duga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Ũ;FAIűACU85@9U==C8;CJCFB5D=H5B>9C:=B5B7=F5B>I DC@=H=?=<GHF5B5?5=B985JBC>=N>5J=DF9A=>9F5C:=B5B7=>5A5"45?585G9DC?5N5@C 85N5B9?C@=?C89G9H5?5A=@=>IB5?IB5B5F5IB=A5"45DF9A=>9FB9A5DC?F=9I N5?CB=H=A=NJCF=A5DF=
G
!KI=CKF*=NCAPEÚ
fÊ ÊÊ 45B=A@>=J >9 = C856=F 65B5?5 C8BCGBC 5;9B5H5 0@589 DF= DFC85>= 8FU5JB=< C6J9NB=75 C8BCGBC ACU9 G9 HIA5=H= ?5?C >9 IDF5JC DF9?C H=< 65B5?5 N58IU=J5B5 "FJ5HG?5=?5GB=>9>9BCJ57DF9657=J5BB5=BCN9AB9=8CA59H5>B9F5IB9 0@585>9 C856F5@5A5@IG?ID=BIDF=J=@9;=F5B=<65B5?5H9>9I8C;CJCFIG5B>=I 45;F965?5 = *F=JF98B5 65B?5 45;F96 C8BCGBC F5B>C&I?CJ==CUC*F?5ƩB9?585=G5AA=B=GH5F:=B5B7=>5," /NB>=<GI HI,5=::9=G9B65B?45;F96-D@=HG?565B?5=,=>9?565B?5ƩIJF=>9A9DF=>9GD5>5B>5I 8FI;965B?9N5H=AFGH9Ʀ-H9=9FA5F?=G7<95B?5 (5F5JBC@C;=B=AG9DCGH5J@>5 D=H5B>9 5?C 0@585 J9 HF;I>9 B5 CJ5> B5=B 8FU5JB=A C6J9NB=75A5 N5OHC H5> DCG5C B=>9 C8F5¡9B DF9?C >98=B9 65B?9 I 8FU5JBCA J@5GB=OHJI C8BCGBC DF9?C "FJ5HG?9 DCOH5BG?9 65B?9 C8;CJCF >9 N5DF5JC JF@C >98BCGH5J5B '9¡IB5FC8B9 =BGH=HI7=>9 DCDIH'' 5=-J>9HG?965B?9DCG96BCB58N=FI=DF5H9DCG@CJ5B>9"FJ5HG?9DCOH5BG?9 65B?9DC;CHCJCC8DCHD=G5I;CJCF5G?CA ?CFDCF57=>CAƩ=NGIGH5J5-J>9HG?965B?9 ;C8=B9DF9A5?C>9AI;CJCFI?CBHFC@B= D5?9H8=CB=75"FJ5HG?9DCOH5BG?965B?90@585DF9DIOH5'9¡IB5FC8BC>:=B5B7=>G?C> ?CFDCF57=>=?5?C6=ŨDF96=@=űC8F9¡9B9A9¡IB5FC8B9C6J9N9,9DI6@=?9"FJ5HG?9 '9¡IH=A=H5>I;CJCF?5C=ABC;98FI;9DF=>9=DCG@=>90@585>98FU5@5=8FU=I H5>BCGH=DF985JBCOI )BCOHC>9A9¡IH=A>CON5B=A@>=J=>9>9GH=B>9B=75 H?CGI?ID7=CJ5?C=N85B=<8FU5JB=<C6J9NB=75=@=8FI;=AF=>9=A5ųH?CGIJ@5GB=7= 9FCJB=7="FJ5HG?9.5>DC85H5?0@585=85B5GG?F=J5 CB>9DCNB5HG5AC65B?5A5?C>9GI?5C5;9BH=N58IU=J5@=8FU5JI '9¡IH=AIDF5JCH5 =B>9B=75B5>6C@>9F5NCH?F=J5=DF5J9J>9FCJB=?9
jÔ Ê Ê .95DF5B>5BCJ75?C>=G9=NFU5JBC;DFCF5IB5=G5=N8JC>9B=<F5IB5 DF9657=J5C I =BCN9AGHJC CGA=O@>9B5 >9 I;@5JBCA I 45;F965?C> 65B7= (CJ57 C8 DFC85>9 8FU5JB=< C6J9NB=75 DC@5;5C 6= G9 B5 F5IB9 J9 GDCA9BIH=< ?CA9F7=>5@B=< 65B5?5 (5?CBOHC6=H5>BCJ57GH=;5CB5H9F5IB965B?56=;5C8A5<DF9657=@5B5 =N8JC>9B9 F5IB9 DC8 N5DCF?CA ?C>= B=GI DFCJ989B= I DFCF5IBI B=H= DC8@=>9UI ?CBHFC@=FU5JB9F9J=N=>9 *CHCA6=BCJ57DF9657=@=B5=BCN9AB9F5IB9?C8GHF5B=<DCG@CJB=<65B5?5 9GHC65B5?5?C>9GIIGIJ@5GB=?CA=@=DCG@CJBCAC8BCGIG565B?CAI"FJ5HG?C> -5 GHF5B=< F5IB5 I =BCN9AB=A 65B?5A5 BCJ57 G9 DF9657=J5C B5 F5IB9 :CB8CJ5 = DC8IN95 CGBCJ5B=< =G?@>I=JC IGJF9 C8BCGBC ŨDF5B>5ű BCJ75 =@9;5@BC =NJI9BC;=N"FJ5HG?9 %5GB=>96=G9H=:CB8CJ==@==BJ9GH=7=>G?9?CAD5B=>9=N=BCN9AGHJ5 Ʃ5N5DF5JCIJ@5GB=OHJI=DC8?CBHFC@CAG?C;@C6=>5DC>5J@>=J5@=?5C =BJ9GH=HCF= I :=B5B7=>G?=A CD9F57=>5A5 I "FJ5HG?C> ?5C ?ID7= JF=>98B=< DC8IN95 B9?F9HB=B5 65B5?5 5 N5DF5JC BCJ79A CD@>5?5B=A C8 =BCN9ABC; N58IU=J5B>5 8FU5J9
G
+(/0(*#&'
.5?J=GIDF=A>9F=79:CB8CJ==DC8IN95-1,;J9GHA9BHG&=A=H98Ʃ%5>A5BG?C CHC>9 ,9;9BH IFCD9 &=A=H98 Ʃ%5>A5BG?C CHC>9 -1, #BJ9GHA9BH &=A=H98 Ʃ%5>A5BG?C CHC>9 5 8=C H5?J=< :=B5B7=>G?=< CD9F57=>5 C65J@>5B >9 = DF9?C F5IB5 = HF5BG5?7=>5 9F7@5MG 5B? *& =N 09@=?9 F=H5B=>9 Ʃ?C>5 >9 >CO GI8>9@CJ5@5 I C8C6F5J5B>IH5>B=<?F98=H5=DCN5>A=75,55BCJC>0@58= #5?CG9F58=CA=@=>IBG?=A HF5BG5?7=>5A5 CJ= DCG@CJ= B=?585 B=GI DC6I8=@= GIAB>I ;@5JB9 8FU5JB9 F9J=NCF=79 =@= -9?HCF5 ?CBHFC@9 65B5?5 "FJ5HG?9 B5FC8B9 65B?9 DF=>9 GJ9;5 N5HC OHC GI GJ9 H9 =BGH=HI7=>9 B9 G5AC IDCNB5H9 G5 CJCA H9CA DF5B>5 BCJ75 J9 GI =NF5JBC =@= B9=NF5JBCGI8>9@CJ5@9IH=A:=B5B7=>G?=ACD9F57=>5A5
Inozemne obveznice prema!ile milijarde eura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ƨB5FC?8CGD=>95 CUI>?5 09IGFDB>I ,55BCJ50@585DFC85@5>9 8FU5JB=<C6J9NB=75I=NBCGIC8A=@=>5F85>5D5BG?=<>9B5IN?5A5HIC8ƨ=FC? 8CGD=>95 GFDB>5 5B5 J9@>59 0@585>9DCBCJBCDFC85@5C6J9NB=75 IDFCHIJF=>98BCGH=C8 A=@=>5F85>5D5BG?=<>9B5IN?5A5HIC8 ƨ=FC?8CGD=>95
5B5 0@585>9DFC85@5C6J9NB=75IJF=>98BCGH=C8A=@=>IB59IF5 IN?5A5HIC8ƨ=FC?8CGD=>95 5B5 0@585>9DFC85@58FU5JB=< C6J9NB=75 I DFCHIJF=>98BCGH= A=@=>IB5 9IF5 IN ?5A5HI C8 ƨ = FC? 8CGD=>95 5B5 0@585 >9 DFC85@5 C6J9NB=79 I JF=>98BCGH= C8 A=@=>5F85 >5D5BG?=<>9B5IN?5A5HIC8 ƨ=FC?8CGD=>95 5B5 0@585 >9DFC85@58FU5JB9C6J9NB=79IJF=>98BCGH=C8A=@=>IB59IF5IN?5A5HIC8 ƨ =FC?8CGD=>95 5B5 0@585>9DFC85@5C6J9NB=79IJF=>98BCGH= C8 A=@=>5F85>5D5BG?=<>9B5IN?5A5HIC8 ƨ=FC?8CGD=>95 5B5 0@585>9DFC85@58FU5JB=<C6J9NB=75IJF=>98BCGH=C8A=@=>IB59IF5IN ?5A5HIC8ƨ=FC?8CGD=>95 ;C8=B9
kÊ1 -HJ5FB= 8FU5JB= =BCN9AB= 8I; AC;5C 6= 8CG9N5H= 5GHFCBCAG?=< GHCH=B>5? A=@=>5F85 5A9F=?=< 8C@5F5 C6N=FCA B5 GHJ5FBC GH5B>9 N58IU=J5B>5 = 8IUB=?9 =N@CU9BCGH=,9DI6@=?9"FJ5HG?9DF9A5GHF5B=A?F98=HCF=A5 0@585CHCAIB9G5AC85 G?F=J5DC85H?9J9=<?F=JCHJCF==@5UBCDF=?5NI>9GH5B>98FU5JBC;8I;5=A9¡IB5FC8B=< :=B5B7=>G?=<C6J9N5,9DI6@=?9"FJ5HG?9 /GJ>9H@ID5B=BCUIFB=<9IFCDG?=<=BH9;F57=>5CJ5?J=GIDFC79G=DCG96BCCD5GB= =AC;I=A5H=8I;CFCB9DCG@>98=79N5:=B5B7=>G?CųACB9H5FBIGH56=@BCGHN9A@>9
G
!KI=CKF*=NCAPEÚ
*5 =D5? =B= G9 ?5?C HC 0@58I #J9 -5B589F5 B>9;5 CGC6BC 5@= B=H= 6=@C ?C;5 C8 CDCF69B=< 9@B=?5 I -56CFI ICD9 B9 N56F=B>5J5 (>=9 D@5B OHC 6FU= I@5N5? I IFCDG?I IB=>I =NA9¡I CGH5@C; ?5?C 6= DF=?F=@= HF5;CJ9 CJ5?JC; ?F=A=B5@BC; IDF5J@>5B>58FU5JCA /HCA9G9B9F5N@=?I>IB="4B=-*5B=H=B>=
IEHEFQJ=AQN=J=P=FJEIN=ÜQJEI= 0@585,9DI6@=?9"FJ5HG?9>CO>9IJF=>9A9?C5@=7=>G?90@589#J=79,55B5IJ9@5 DF5?GIDCG?=<GF98GH5J5B5H5>B=A=N8JC>9B=AF5IB=A5?C8DC>98=B=< DCG@CJB=< 65B5?5 G ?C>=A5 6= 0@585 A=AC N5?CBCA IHJF¡9B9 DFC798IF9 IHJF8=@5 J=G=BI=B5=B=GD@5H9?5A5H9B5H5?CDC@CU9B5:=B5B7=>G?5GF98GHJ5 )J@5OH9B9CGC69B5J9=B=H5?J=<F5IB5IJF=>9A9?C5@=7=>G?9J@5GH=6=@=GI#J=75 ,55B?5CH585OB>=DF9A=>9F'5HCF?J9B57?5CH585OB>=A=B=GH5F:=B5B7=>5=5A=F %IOHF5?IJF=>9A9?585>96=CDCACB=?A=B=GHF5:=B5B7=>5 C@5G?CAB5J@5GH"4 CJ90@589G=HI57=>5G9B=>96=HB=>9DFCA=>9B=@5 (5=A9=-5B589FCJ5>90@585N58FU5@5 DF5?GI=N8JC>9B=<H5>B=<F5IB5B5?C>=A5>9B5GH5J=@58FU5H=DF9?CDC@5A=@=>5F899IF5 ?5?C6=69N=?5?J9?CBHFC@9AC;@5?CF=GH=H=B9J>9FC>5HB9;CHCJ=BG?9=NBCG9
fÔfXp¯hXW (CJ57G5F5IB5?C8*F=JF98B965B?945;F96=8=CBCJ75?C8,5=::9=G9B65B?9 I"FJ5HG?C>B=>9DFCJ989BB=H=I>98BCAG@IU69BCA=NJ>9OI0@589I;@5JBC>?B>=N= FU5JBC;DFCF5IB5B=H=I=NJ>9O=A5C?CF=OH9B>IGF98GH5J5FU5JBC;DFCF5IB5?C>5 >9 0@585 DC8BCG=@5 "FJ5HG?CA G56CFI $98BCGH5JBC F58= G9 C BCJ7I ?C>= :CFA5@BC B=H=B9DCGHC>=B5@5N=G9B5H5>B=A==N8JC>9B=AF5IB=A5?C88J=>9DCG@CJB965B?9 I"FJ5HG?C>=0@585I6=@C?C>9AHF9BIH?IDCJ@5GH=HCAB5I69N85=?CA9N5HC C8;CJ5F5ACU9?CF=GH=H=H5:=B5B7=>G?5GF98GHJ5
jÔfp .5>B= F5IB= ?C8 *F=JF98B9 65B?9 45;F96 CHJCF9B= GI >CO DC9H?CA G=>9B>5
;C8=B9 H9 GI I ?CBH=BI=H9HI ?CF=OH9B= 8C 85B5G N5 H5>B9 :=B5B7=>G?9 CD9F57=>9 J@5GH= C6FC IDI9B= =NJCF= HJF89 ?5?C >9 B9F=>9H?C BCJ57 G5 H=< H5>B=< F5IB5 DC B5@C;IDF9A=>9F5HF5BG:9F=F5BB5H5>B9F5IB9I=BCN9AGHJIB5?CB9;5G9BCJ7IŨ;I6= GJ5?= HF5;ű = B=>9 DCNB5HC H?C >9 = I ?C>9 GJF<9 ?CF=GH=C BCJ57 ?C>= >9 G5 H5>B=< F5IB5 I"FJ5HG?C>HF5BG:9F=F5BI=BCN9AGHJC .5?C>9?C8*F=JF98B965B?945;F96CHJCF9BC B9?C@=?CH5>B=<F5IB5B5?C>9GIDC@CU9B=F5N@==H=;CHCJ=BG?==NBCG=
G
+(/0(*#&'
F5IB6FC>
iznos
.
.
/,
/,
/,
/, /,
/,
/-
/, /, =/, /, =/,
-5ACIDFJC>;C8=B=?5A5H5B5H5?CDC@CU9B5GF98GHJ5B5H5>B9F5IB9DF9A5 H5>BCAI;CJCFI?C>9;>9G5CUCA*F?CADCHD=G5@50@585=NBCG=@9GI/, ƩDF9?CDC@5A=@=>IB59IF5
jÔhXWpÔ %C8,5=::9=G9B65B?9Ʃ,CHJCF9B>9A5B>=6FC>H5>B=<F5IB5B5?C>=A5>9 0@5858FU5@5DC@CU9B5;CHCJ=BG?5:=B5B7=>G?5GF98GHJ5=HCF5IB= = (5H=A>9F5IB=A5IF5N@==HCJF=>9A90@585=A5@5DC@CU9B9F5N@==H9=NBCG9
A=@=>IB59IF5H9DCHCAA=@=>IB59IF5 (5H5>BCAF5IBI?C845;F965?965B?90@585>9=A5@5DC@CU9B=<I?IDBC A=@=>IB59IF5?C>=B=GIDF=?5N5B=IG@IU69BC>8C?IA9BH57=>=B=H=DFCJ989B=IFU5JBCA DFCF5IBI (CJ57 I 45;F965?C> 65B7= 6=C >9 DC@CU9B B5 H5>BCA F5IBI "FJ5HG?5 0@585 DF=>9 N5JFO9H?5 GJC>9; A5B85H5 B=H= I N58B>=A =NJ>9O=A5 "FJ5HG?CA G56CFI DF=>9 B>9;CJ5 F5GDIOH5B>5 B=>9 B5J9@5 DC85H?9 C CJ=A H5>B=A F5IB=A5 $98B5?C H5?C CGH5>9 DCHDIBC B9=NJ>9GBC = ;8>9 >9 BCJ57 G5 H5>B=< F5IB5 N5JFO=C)8BCGBC;8>9>9DF9A=>9FAC;5CB5F98=H=DF9657=J5B>9DF9?CDC@5A=@=>5F89 9IF5 G?F=J9B=< B5 H5>B=A F5IB=A5 ?C8 *F=JF98B9 65B?9 45;F96 ,5=::9=G9B 65B?9 = 45;F965?965B?9)J5?J9A5B=DI@57=>9:=B5B7=>G?=AGF98GHJ=A5?C>56=HF965@56=H= I J@5GB=OHJI 8FU5J9 = B5 F5IBI FU5JBC; DFCF5IB5 DF98GH5J@>5>I B5>CD5GB=>= C6@=? CF;5B=N=F5BC;?F=A=B5@5?5?J=AG965J=9A9 H95 D@>5?9 BCJ75 =N FU5JBC; DFCF5IB5 DF9?C H5>B=< F5IB5 ?C8 DCG@CJB=< 65B5?5 F5NCH?F=J5 Ũ7FB9ű H=>9?CJ9 BCJ75 ?C>= N5JFO5J5>I I =@9;5@B=A:=B5B7=>G?=A?5B5@=A5DC@=H=?9=9?CBCAG?99@=H9I"FJ5HG?C>
G
!KI=CKF*=NCAPEÚ
(=VJAJ=LNEF=R=LNKPERKĜA-NGAV>KCLN=JF=LKH= IEHEF=N@AAQN=LNAGKP=FJEDN=ÜQJ=Q-7Q -@C6C8B= G=B8=?5H DC8B=C >9 85B5 CUI>?5 ;C8=B9 ?5NB9BI DF=>5JI /-%)%IDFCH=JDF98G>98B=?5/DF5J9*F=JF98B965B?945;F96CU9*F?9N6C;DF5B>5 BCJ75HCB=>9?FO9B>5@5B?5 GH5J?5 45?CB5CGDF=>95J5B>IDF5B>5BCJ75 *F?I G9 H5?C H9F9H= N5 CF;5B=N=F5B= ?F=A=B5@ DF5B>5 BCJ75 DF9?C H5>B=< F5IB5 CHJCF9B=<I*F=JF98BC>65B7=45;F96DF9?C?C>=<>9B9N5?CB=HCHF5BG:9F=F5BCJ=O9C8 DC@5A=@=>5F899IF5IH5>9B=<8FU5JB=<GF98GH5J5
jÔ wuuu°wuuw° *F9A5B5JC8=A5=N?5NB9B9DF=>5J9IDF5JC>9CUC*F?5?5CC8;CJCFB5CGC65 *F=JF98B9 65B?9 45;F96 B5@CU=C CHJ5F5B>9 H5>B=< F5IB5 I 65B7= = HC I JF9A9BI C8
8C ;C8=B95DF9?C?C>=<F5IB5>9B5B9N5?CB=HB5=BHF5BG:9F=F5BCDF9?C DC@5A=@=>5F899IF5GF98GH5J5?C>5GIHF965@5N5JFO=H=IFU5JBCADFCF5IBI *F9A5B5JC8=A5?5NB9B9DF=>5J9CJ5>BCJ57A9¡IH=AB=?585B=>9DF9659BB5 F5IBFU5JBC;DFCF5IB5B=H=>96=CI6=@C?C>9AHF9BIH?IDFC?B>=U9B=9J=89BH=F5BB5 N5?CB=HB5=B C85B5G>9CGH5@CB9DCNB5HC=DFC>9?@C5@==?CB5BCC8F98=OH9BCJ75 G5H5>B=<F5IB5I*4I Ũ*F=>5J@>9B=>9?5CDF98G>98B=?IDF5J9*F=JF98B965B?98 8 45;F96IF5N8C6@>I C8DC9H?5 ; 8C?F5>5 ; CAC;I=CCHJ5F5B>9B9?C@=?CH5>B=<F5IB5B5 ?C>9GIDC@CU9B=F5N@==H=;CHCJ=BG?==NBCG= ,=>9>9CF5IB=A5C8BCGBC=NBCG=A5 F5IB6FC>
iznos
.
.
/,
/,
/,
/, /,
G
+(/0(*#&'
/,
/-
/, /, =/, /, =/,
f Ô / ?5NB9BC> DF=>5J= DFCH=J CU9 *F?9 89H5@>BC G9 C6F5N@5UI = DC85H7= ?C>= B98JC>69BC I?5NI>I B5 =B>9B=7I 85 >9 CUC *F?5 NB5C C8BCGBC ACF5C >9 =A5H= =B:CFA57=>I C GHJ5FBC> DF=FC8= HF5BG5?7=>5 ?C>9 G9 C65J@>5>I DF9?C H5>B=< F5IB5 I *F=JF98BC>65B7=45;F96 FI;=A F=>9=A5 *F?5 >9 ?5C DF98G>98B=? /DF5J9 65B?9 =NJ5B GJ5?9 GIAB>9 NB5C85CJ=H5>B=F5IB=?C>=GICHJCF9B=INB>9;CJC=NF==HCC8C6F9B>9G@IU9N5DF5B>9 BCJ75 = B9N5?CB=H9 :=B5B7=>G?9 CD9F57=>9 BCJ79A ?C>= >9 HF965C 6=H= DFC?B>=U9B ?5C F98CJ=H=DF=5J@>9B=>9NB5C=@=>9ACF5CNB5H=85G9B5;CF9B5J989B=B5=BD9F9BCJ57I GA=G@IC8F9869@ GH 45?CB5CGDF>95J5B>IDF5B>5BCJ75 5>9DF=>5J@>9B=HCNB5C =@=ACF5CNB5H=DFC=N@5N==NG@=>9899; 5 / DF=@>9JI GF98GH5J5 CNB59BC >9 G5AC 85 G9 GF98GHJ5 C8BCG9 B5 '=B=GH5FGHJC :=B5B7=>5H> 85>9F=>9C8FU5JBCABCJ7I .5?CDF=GH=;@5GF98GHJ5B=GIG9AC;@5 F5GDCF98=H=B=H=B5B5A>9B9B=H=B5?CF=GB=?9 )B=GICGH5@=9J=89BH=F5B=B5F5IBI 6 *FCA9H DC F5IB=A5 I?5N=J5C >9 B5 DF5B>9 BCJ75 45 F5N@=?I C8 GH5B>5 F5IB5 B5 N5JFOB9 85B9 I A>9G97I ?C>9 >9 69NB55>BC DFCA9H C8 8C >9C;FCA5BH9I?5NI>985GIB5B>9;58CNB55J5B5GF98GHJ5?C>5GI CFC5J5B5C8GHF5B9'=B=GH5FGHJ5:=B5B7=>5 -J=89DCN=H=?C>=GICFC5J5B=HC?CA
GIƪƧ¨¬ƪ¨¬ ƧƧ¬ ƪƧ (5 H5> B5=B >9 8FU5J5 IG?F59B5 N5 ?CF=OH9B>9 ?5A5H5 B5 H5> 89DCN=H ?C>9 GI CJ=A9 DF5?H=?= I?F589B9 #NIN9H5? =B= =NBCG C8 /, ?C>= >9 DFC?B>=U9B ?5C DF=@=J B5 F5IB I D9H F5N@==H=< =NBCG5I?IDBC/, #GHC;85B5>9=NBCGC8/, DF9B9G9B B5 F5IBI CFC9B>5 *F=@=J >9 =NJFO=C @=5BN 45;F96 B5 89J=NB= F5IB '=B=GH5FGHJ5:=B5B7=>5?C8*F=JF98B965B?945;F96 7*F=>5J@>9B=CUC*F?5>9NB5C=@=>9ACF5CNB5H=85CJ=A9D9F9BCJ57>9FGIG9DC DF=FC8=HF5BG5?7=>9DC>5J=@5D=H5B>5 w¡_ƪƪƧƪƪƧ¬ wj©ƧƧƧ¬¨ƧƪƧƧƧ¬ƪƧ wj©Ƨ¬ƧƧƪƨ¬
G
!KI=CKF*=NCAPEÚ
8/GJ5?CAG@I5>IDF=>5J@>9B=>9NB5C=@=>9ACF5CNB5H=85>9GJF<5CJC;űG@=>9DC;Ų F5IB585DFC@5NBCDFC?B>=U=89J=NB5GF98GHJ5'=B=GH5FGHJ5:=B5B7=>5?58DF9@5N9 B5 CFC9B>9 8FI;=A F=>9=A5 85 >9 F=>9 C B9N5?CB=HCA DF=GJ5>5B>I 8FU5JBC; BCJ75=NF5JBCG5F5IB5'=B=GH5FGHJ5:=B5B7=>5 9(CDC=GH9?ICFC9B>5GF98GHJ5G9B=GIJF55@5B5CJ5>F5IB5B=H=B5F98CJB= *C8BCG=H9@>IDF=>5J9B=>9DCNB5HC wƨƪƪƪ¨ƧƧƧ¬vƧƪƧƧ wƧƧƪƪƧƧ¬ƧƪƧƨƪƧƧƧ ƧƧ¬x
: VHC G9 H=9 5?H=JB=< ?5A5H5 C6F5IB5H=< B5 F98CJB=A = DCG96B=A F5IB=A5 DF9A5/;CJCFICC65J@>5B>IIG@I;5G5=BCN9AGHJCACB9GIIF98BCC6F5IB5H9 = DF=D=G5B9 F98CJBCA F5IBI '=B=GH5FGHJ5 :=B5B7=>5 )6F5IB5H9 GI 5? = B5 F5IBI DC?F=9N5D@55B>9I=BCN9AGHJC )6F5IB=DF=D=G?5A5H5G9 ?CBHFC@=F5CN5 = ;C8=BI '9¡IH=AIF5IBCJC8GHJI8FU5JBC; DFCF5IB5B=>9J=8@>=JC>9GI@=?5A5H9CDF==I?5NB9BC> DF=>5J=DC?C>C>6==GHF5;IDFCH=J*F?9=*F=JF98B965B?945;F96HF965CJC8=H=O9: /-%)%5=B?CJ=H5BG5GJC>=AGIF58B=7=A5
f Ô -58FU5>CJ9?5NB9B9DF=>5J9N6C;DF5B>5BCJ75DF9?CH5>B=<F5IB5I*F=JF98BC> 65B7=45;F96CH?F=J5DCGHC>5B>9GIGH5J58JCGHFI?C;?B>=;CJC8GHJ5FU5JBC;DFCF5IB5 HCB=>9 H=>9?5 :=B5B7=>G?=< GF98GH5J5 ?C>5 6= HF965@5 6=H= DF=G?9CD9F57=>9IDII>IB5=B>9B=7IDCGHC>5B>58JCGHFI?C; DFCF5IB58FU5J9 )BC;>5JBC;=N5?CB=HC; #H5>BC;G?F=J9BC;B9N5?CB=HC;Ũ7FBC;Ų DFCF5IB5 B5 ?C>9; G9 G@=>9J5>I :=B5B7=>G?5 GF98GHJ5 ?C>=A5 G9 J@5GH ?CF=GH= N5 GJC>9 B9N5?CB=H9:=B5B7=>G?9CD9F57=>9 -58FU5>?5NB9B9DF=>5J9/-%)%IDFCH=JCU9*F?9 I?5NI>9B5H5?JIDF5?GIJ@5GH=I"FJ5HG?C> Ũ)J8>9 >9 DCHF96BC DC>5GB=H= 85 G9 F98CJB= = DCG96B= F5IB= '=B=GH5FGHJ5 :=B5B7=>5 JC89 I DFCF5IBG?CA F5IBCJC8GHJI I F5NF98I :=B5B7=>G?5 =ACJ=B5 G?ID=B5 BCJ57I65B7==6@5;5>B=DC8G?ID=B5 BCJ57I65B7=?CBHC
BCJ57 B589J=NB=AF5IB=A5?C8HIN9AB=<65B5?5 %B>=;CJC8GHJ9BCGH5B>9B5F5IB=A5F=NB=79=?B>=;CJC8GHJ9BCGH5B>965B?9B=>9 IG?@5¡9BC 46C; B9589?J5HBC; DCN=7=CB=F5B>5 89J=NB=< GF98GH5J5 I ,=NB=7= 5?H=JB5 GF98GHJ5 ?C>5 =B59 85>I 8C85HBI JF=>98BCGH DFCF5IBI GJC89 G9 B5 F9HFC;F58B9 B9=GDF5JB9 9J=89B7=>9 .569@5 I DF=@C;I CJ9 ?5NB9B9 DF=>5J9 DC?5NI>9 C8GHID5B>9 GH5B>5 65B?9 = ?B>=;CJC8GHJ9BC; GH5B>5 '=B=GH5FGHJ5 (9?=< J5@IH5 =A5 J=O9 I GH5B>I '=B=GH5FGHJ5B9?=<A5B>95B9?=<ICD9B9A5 45=GDF5JBCJC¡9B>9B9CD9 IHJF8=H=DC9HBCGH5B>9I65B7=D@5B8B9JB=<=H>98B=<HF5BG5?7=>5B5B=JCI'=B=GH5FGHJ5 ?C>9G9C8BCG9B5DF=@>9J=C8@>9J=?CB79A85B5IHJF8=H=DC9HBCGH5B>9N5BCJ=85B= DFC>9?7=>I8B9JB=<HF5BG5?7=>5B5F98BC;85B5 05@>5B5;@5G=H=85J9=BI8C?IA9B5H5IA>9GHC'=B=GH5FGHJ5DCDIB>5J55B?5 *F=A>9F=79B5@C;9 N5CHD@5HI?F98=H5 .5?C¡9FDF=@>9J9IGA>9F5J5G>98BC;F5IB5B5
G
+(/0(*#&'
8FI;==HCB5J=O9F5IB5D5>9C=HCGIH5DF9@5U9B>5J9@=?=<=NBCG589J=NB=<GF98GHJ5 B5A>9FB585G9Iű@56=F=BHIŲF5IB5=N;I6=HF5;GF98GHJ=A5ŲCD=GI>9G9B9N5?CB=HCGH=I C6F5N@CU9B>I?5NB9B9DF=>5J9N6C;DF5B>5BCJ75DF9?CH5>B=<F5IB5I*4I
Nezakonito prisvojene kamate )G=AB5J989B=<HF5BG:9F5BCJ75DF9?CH5>B=<F5IB5*F?IG9H9F9H=N5B9N5?CB=HC CFC5J5B>9 :=B5B7=>G?=< GF98GH5J5 H9 B9N5?CB=HC CAC;I5J5B>9 DF=GJ5>5B>5 DF=9DCNB5HCB5?C>9>9F5IB9I?CB5B=7= DF9659B5?5A5H5C8CFC9B>5GF98GH5J5G5H5>B=<F5IB5I*4I Ũ/F98N5GIN6=>5B>9?CFID7=>9=CF;5B=N=F5BC;?F=A=B5@=H9H5CGBCJ5B>9DCG96B=A N5?CBCAF58=GDF>95J5B>5C8F9¡9B=<?5NB9B=<8>9@5 #N;CF9B5J989B9DF=>5J9>5GBC DFC=N@5N=85>9DF=>5J@>9B=CUC*F?5CDF5CBCJ57I=NBCGIC8DC@5A=@=>5F899IF5 #NB5J989BC;H5?C¡9F>5GBCDFC=N@5N=85>9N5G969=@=8FI;9GH9?5CB9DF=D58BI A5H9F=>5@BI 8C6=H B5 B5=B 85 >9 8FU5JB= BCJ57 I 65B7= JC8=C ?5C CFC9B= 8C? I GH5J?5A5FU5JBC;DFCF5IB5=GH=B=>96=CCFC9B=A9GIGF98GHJ5?5A5H5B5CFC9B=< DC@5A=@=>5F899IF5B9N5?CB=HCDF=GJC>9B5ŲGHC>=I?5NB9BC>DF=>5J=
Dvostruko knjigovodstvo C?5N= =N ?5NB9B9 DF=>5J9 >5GBC IDII>I B5 ?F=A=B5@BI GDF9;I DC>98=B=< H=>9@58FU5JB9IDF5J9*F=JF98B965B?945;F96=HF9=<DF5JB=<CGC65?5CDF=A>9F=79 DC8IN95 @@=5BN 45;F96 I CJ5?JCA DF5B>I BCJ75 DF9?C H5>B=< 65B?5FG?=< F5IB5 I"FJ5HG?C> )J5?5JAC89@B9N5?CB=HC;:=B5B7=>G?C;DCG@CJ5B>55?5?CHCCD=GI>9= G58FU5>?5NB9B9DF=>5J9CAC;I9B>98JCGHFI?=AJC¡9B>9A?B>=;CJC8GHJ5FU5JBC; DFCF5IB565B?9=DC>98=B=<H=>9@58FU5JB9IDF5J9 Ũ'9¡IH=A =N ;CF9 B5J989BC; DFC=N@5N= 85 >9 DF=>5J@>9B= CUC *F?5 DCGHID5C ?5C8=CJ99;N@C=B5?C;DCH9AGICG=AB>9;5GI8>9@CJ5@==ABC;=8FI;= DC>98=B7= )=HC>985GIIHF5BG5?7=>5A5GI8>9@CJ5@=C8;CJCFB=D C>98=B7==N'=B=GH5FGHJ5 :=B5B7=>5H9=NDC>98=B=<DF5JB=<CGC65BDF @@=5BN45;F96 )J5>N@C=BDC=B>9B>9 8JCGHFI?=A JC¡9B>9A ?B>=;CJC8GHJ5 H5?C 85 GI GF98GHJ5 =GHCJF9A9BC JC¡9B5 ?C8 65B?9?5CCFC9B5=?C8'=B=GH5FGHJ5?5CB9CFC9B5 '9¡IH=ADC8BCG=H9@>IDF=>5J9 B=>9DCNB5HC ;8>9GIGF98GHJ5G5;CF9B5J989B=<F5IB5N5JFO5J5@5 H?C>9>CO?B>=U=CH5GF98GHJ5 I?C>9GJF<9GIH58FU5JB5GF98GHJ5?CF=OH9B5 H?C>9DF=GJC>=C?5A5H9C8BCGBCG?5A5H5A5B5DC@5A=@=>5F89CFC9B=<9IF5 8FU5JBC;DFCF5IB5űN6F=BICGJC>I8>97I=DCHCA?9Ų H?C>9CD9F57=>IDF5B>5BCJ75CGA=G@=CH?C>9B>CA9IDF5J@>5CH9I?C>9AHCBC DC@CU5>I>96=CDF=>5J@>9B=D9F5BCJ75CUC*F?5H> 85@=>9=GH=G5ACCD9F5H=J57ID@>5?= =@= 5IHCF CD9F57=>9 =@= O9: N@C=B5?C; I8FIU9B>5 (C IGDCF986CA ;CF9 B5J989B=< =B>9B=75 = =B:CFA57=>5 C6>5J@>9B=< B5 xƩƧxƩƧ DC8BCG=H9@> DF=>5J9 N5?@>II>9 85 >9 DF=>5J@>9B= CUC *F?5 6=C @5B J99 N@C=B5?9 CF;5B=N57=>9 N5 =>=
G
!KI=CKF*=NCAPEÚ
F5IB>9?5CCD9F5H=J57=NJFO=C;CF9CD=G5BCDF5B>9BCJ75ŲB5JC89I?5NB9BC>DF=>5J= /-%)%IDC8BCG=H9@>==N-@C6C8BC;G=B8=?5H5
ebËÔ¯^ )=HC >9 =N 8C?5N5 B5J989B=< I ?5NB9BC> DF=>5J= DFCH=J DF98G>98B=?5 /DF5J9 *45CU9*F?9?5?CGIB9N5?CB=H9:=B5B7=>G?9CD9F57=>9DF9?CH5>B=<F5IB5CG=AI =BCN9AGHJIJC¡9B9=DF9?CF5IB5IDCG@CJB=A65B?5A5I"FJ5HG?C>ICJCAG@I5>I I*F=JF98BC>65B7=45;F96 #HCBCJ79A?C>=>9HF965C6=H=?B>=U9B?5CDF=9IJ@5GH=C8@I=CG?@CD=H=H5>B=8C;CJCFG/DF5JCA*F=JF98B9 65B?945;F96=CUCA*F?CACJC¡9B>ICJ5?J=<B9N5?CB=H=<:=B5B7=>G?=<CD9F57=>5 DF9?CH5>B=<F5IB5 )6N=FCA 85 G9 F58= C F5IB=A5 I "FJ5HG?C> 5 B9 I &=BI =@= IGHF=>= /-%)%I 6= HF965@5 6=H= NB5HBC C@5?O5B5 ?5?C =GHF5;5 C DF5B>I BCJ75 I *F=JF98BC> 65B7= 45;F96 H5?C = DFC79GI=F5B>9 C8;CJCFB=< N5 CF;5B=N=F5B= :=B5B7=>G?= ?F=A=B5@ ŨH9U5?ŲDC@5A=@=>5F899IF5 Ũ-@=>98CA ;CF9 B5J989BC; DC8BCG=H9@>= DF=>5J9 =GH=I 85 G9 I "FJ5HG?C> I N58B>9 JF=>9A9 ABC;C ;CJCF= C H5>B=A F5IB=A5 DF5B>I BCJ75 D@>5?= 8FU5J9 D5 G9 J=GC?CDCN=7=CB=F5B= DC>98=B7= 5? =A5 85 HF5U9 H5>B9 F5IB9 DC &=979@5GHF5B=<8FU5J5 /CJCA9G@I5>IF=>9>9 CH5>B=AF5IB=A5I=NBCGIC8DC@5A=@=>5F899IF5?C>=G9B9B5@5N9I&=975JBCGH=BCHCFB=CUC*F?5DF98G>98B=?IDF5J9*F=JF98B965B?945;F96 -HC;5>9 N5F5GJ>9H@>5J5B>9CJC;N@C=B5DCHF96BC858>9@5HB=7=/-%)%5DFCO9H5>I8CGIG>98B=< I@=75 I ;F58I H9 I DFCGHCF=>5A5 '=B=GH5FGHJ5 :=B5B7=>5 *F=JF98B9 65B?9 45;F96 = =B5B7=>G?95;9B7=>9DF=65J9DC85H?9C;CF9B5J989B=AHF5BG5?7=>5A5 -@=>98CA B5J989BC; DC8BCG=H9@>= DF=>5J9 N59J5>I 85 /-%)% 69NC8@CUBC INA9 CJI DF=>5JI I DCGHID5? 85 DFCH=J DF=>5J@>9BC; CU9 *F?9 DC?F9B9 N5?CBCA DF98J=¡9B=?5NB9B=DCGHID5?H985DC8BCG=H9@>9DF=>5J96I8I=85=GH=DF98GH5J@>5>I H=GI9CD@>5?5B=<;F5¡5B5?CF9?HBC=7>9@CJ=HCDIH9AB>=9HB=?C;IF985 =NJ>9OI>9CDC8IN9H=AF58B>5A5ŲGHC>=IN5?@>I?I?5NB9B9DF=>5J9CDF5B>IBCJ75I *F=JF98BC>65B7=45;F96
dfXp¯ [ 5B5 CUI>?5 ;C8=B9C8J>9HB=?)NF9B.5H5F57IDCNB5C>9G5G58FU5>9A ?5NB9B9DF=>5J9/-%)%IN6C;DF5B>5BCJ75I*F=JF98BC>65B7=45;F96=9@9;57=>I IFCDG?9 ?CA=G=>9 I 45;F96I ?C>C> >9 IDIH=C G@IU69B= 8CD=G C CF;5B=N=F5BCA :=B5B7=>G?CA?F=A=B5@II>98BC>C8B5>J9=<DCG@CJB=<65B5?5I"FJ5HG?C> / 8CD=GI DC8 B5G@CJCA Ũ*FC6@9A CF;5B=N=F5BC; 65B?5FG?C; ?F=A=B5@5 ?5C N5DF=>9?5 I DCGHID?I DF=A5B>5 ,9DI6@=?9 "FJ5HG?9 I IFCDG?I IB=>I ?CB?F9H5B G@I5>8C?5N5BC;DF5B>5BCJ75I=NBCGIC8DC@5A=@=>5F899IF5?5CDF=@=?5N59;N5?HBC IHJF¡=J5B>9 JC@>9 = DF=DF9A@>9BCGH= 8FU5JB=< H=>9@5 ,9DI6@=?9 "FJ5HG?9 85 GIN6=>5>I = DFC79GI=F5>I8C?5N5B9=DF=>5J@>9B9G@I5>9J9DF5B>5BCJ75ŲC8J>9HB=?.5H5F57CD=G5C >9 9@9;57=>= IFCDG?9 ?CA=G=>9 G58FU5> ?5NB9B9 DF=>5J9 DFCH=J CU9 *F?9 = 8C?5NB9 8C?IA9BH57=>9?C>5G9B5@5N=IDF=@C;I?5NB9BC>DF=>5J= /GJC>9A8CD=GI9@9;57=>=
G
+(/0(*#&'
IFCDG?9?CA=G=>9I45;F96IC8J>9HB=?.5H5F57N5DF5JCDCN=J5B5DF59B>9DCGHID5B>5 B58@9UB=<H=>9@5IG@I5>ICJ9?5NB9B9DF=>5J9N6C;DF5B>5BCJ75I*4IŨ*CGHID5? B58@9UB=< CF;5B5 I ,9DI6@=7= "FJ5HG?C> >5GBC 9 DC?5N5H= 85 @= 0@585 ,9DI6@=?9 "FJ5HG?9A=G@=CN6=@>BCIGJC>=ADF=5A5CHCA9?5?CU9@="FJ5HG?IF9:CFA=F5H=I>98BI BCFA5@BI9IFCDG?IN9A@>I=@=A=G@=G5GJ=AGIDFCHBCŲ *=GAC>98B5?C;G58FU5>5G5?5NB9BCADF=>5JCAIDF=@C;I.5H5F57>9IDIH=C= J9@9DCG@5BGHJ=A5 ->98=B>9B=< 5A9F=?=< 8FU5J5 I 45;F96I H9 09@9DCG@5BGHJI ,IG?9 :989F57=>9I,9DI6@=7="FJ5HG?C>
,@RFAPJEG1=P=N=?K@CKR=N=J=-NGEJALNEFAPJFAġ$@FAFALKH= IEHEF=N@AAQN=O=P=FJEDN=ÜQJ= (5?CB OHC GI A5@= 8=CB=5F= = F58B=7= DC8IN95 (' 8 8 I GH95>I DF9?C /8FI;9 A5@=< 8=CB=5F5 (' 8 8 I GH95>I = -@C6C8BC; G=B8=?5H5 DC8B=>9@= )D=BG?CA;F5¡5BG?CAGI8IHIU6I?C>CAG9HF5U=DCJF5H=ACJB9('IJF=>98BCGH= C8
A=@=>IB5?IB55?C>IGI8C;CJCFBCCD@>5?5@=*F=JF98B565B?545;F96=6=JO= GH95>B=IDF5J=H9@>*9H5F'=@5H/DF5J5*F=JF98B965B?945;F96C8@I=@5G9N5CHJCF9BI DF=>9HB>IC8J>9HB=?IA5@=<8=CB=5F5=-@C6C8BC;G=B8=?5H5)NF9BI.5H5F7I 5B5 CUI>?5 ;C8=B9 &>=@>5B5 '=@9H= =NJFOB5 8=F9?HCF=75 I /DF5J= *F=JF98B9 65B?9 45;F96 IDIH=@5 >9 .5H5F7I D=GAC I ?C>9A AI DF=>9H= DCGHID?CA C8IN=A5B>58CNJC@9N5C65J@>5B>9C8J>9HB=?98>9@5HBCGH=N6C;N59J585*4JF5H= CD@>5?5B=<
A=@=>IB5?IB5
Sudski vje!tak tereti Privrednu banku za kriminal *C8G>9H=AC B=>9 C8J>9HB=? .5H5F57 H5> ?C>= >9 IHJF8=C 85 >9 *F=JF98B5 65B?5 45;F96B5?F=A=B5@5BB5=B=NJFO=@5CH=A5=BI('=B=<B9?F9HB=B5JF=>98B=<
A=@=>IB5?IB5 9H5@>9CCJC>?F=A=B5@BC>8>9@5HBCGH=*F=JF98B965B?945;F96IHJF8=C >9DCB5@C;I#GHF5UBC;79BHF5WID5B=>G?C;GI85I45;F96IGI8G?=J>9OH5?N5:=B5B7=>9= ?B>=;CJC8GHJC'5F=>5B'5F=B=C9AI>9DCFH5@(979BNIF=F5BCJ9D=G5C )8J>9HB=? )NF9B .5H5F57 /8FI;5 A5@=< 8=CB=5F5 (' = -@C6C8B= G=B8=?5H I HIU6= DFCH=J *F=JF98B965B?945;F96G5ACGIG9DCG@IU=@=B5@5NCAGI8G?C;J>9OH5?5?5C8C?5NCA CB9N5?CB=HCACH=A5B>IB9?F9HB=B5('C8GHF5B9*45 '9¡IH=A G585 >9 J=O9 B9;C C=HC 85 *F=JF98B5 65B?5 45;F96 =A5 8CJC@>BC ACB9 DF=>5H9@>9 B5 8CJC@>BC ACB=A DCN=7=>5A5 ?C>= OH=H9 = DF=?F=J5>I CF;5B=N=F5B= 65B?5FG?= ?F=A=B5@ ?5C = GH95>BI A5:=>I B5 =>9A G9 G5ACA JFCA/DF5JCA?C>5G585B5CJ5?CB9DF=A>9F9BB5=B DF=>9H=C8J>9HB=?I.5H5F7IN6C;DC?F9H5B>5GI8G?C;DCGHID?5I?C>9A9?F=A=B5@B9 F58B>9*45I7=>9@CGH=8C=B5J=8>9@C
G
!KI=CKF*=NCAPEÚ
,5NIA@>=JC >9 ?5?C >9 H5?5J F5GD@9H 8C;5¡5>5 N5 *F=JF98BI 65B?I 45;F96 = B>9N=B9@5BCJ9/DF5J9B9C9?=J5B==NF5N=HCB9DCJC@>5B $9FIGI8G?CADFC79GI?C>=>9 DC?F9BIHF58=B5D@5H9OH9H9I=NBCGIC8
A=@=>IB5?IB5?C>I>9*4B5B=>9@5('# ?CF=GH=H= 9 G9 6FC>B= 8C?5N= C CF;5B=N=F5BCA 65B?5FG?CA = GH95>BCA ?F=A=B5@I ?C>=AG965J==?C>9;CF;5B=N=F5*F=JF98B565B?545;F96 45HC>9F5NIA@>=J5D5B=B5= B9DF=A>9F9B5F95?7=>5/DF5J9*F=JF98B965B?945;F96IC6@=?IDF=>9H99;8CD=G5?C>9; DCHD=GI>9=NJ>9GB5&>=@>5B5'=@9H= (5F986C85J57N5CJ5?JIDF=>9HB>IGJ5?5?C>9CUC *F?5B5=>9>9=A9=I=>=?56=B9HHIU65G5DCBI8CAN5A=FBCF>9O9B>9GDCF5=6=@5 8CGH5J@>9B5
eÔ® ®Ó 45B=A@>=JC >9 85 G9 B=H= I >98BCA 8=>9@I GJC>9; DF=>9H99; D=GA5 =NJ>9GB5 &>=@>5B5'=@9H=B=>9CGJFBI@5B=H=C=HCJ5@5CDF=>98@C;IN5A=FBCF>9O5J5B>9GDCF5G5 /8FI;CAA5@=<8=CB=5F5('=-@C6C8B=AG=B8=?5HCA /A>9GHCHC;5IGJC>=A D5B=BCB56575B=AF99B=75A5=NJFOB58=F9?HCF=75*F=JF98B965B?945;F96I?5N5@5 >9B5F99B=79=NDCBI89N5A=FBCF>9O5J5B>9GDCF5?C>9GIDCG96BCN5GA9H5@9/DF5JI *45 )H=A5=B569N5?CB>9=B98C8=F@>=JCGHACB=?5N5/DF5JI*45DF98GH5J@>5>I =NF5N9?C>=A5G9B96=GA>9@CCD=G=J5H=?F=A=B5@BCDCG@CJ5B>9H9ŨI;@98B965B?5FG?9 ?I9ű ) N5?CB=HCGH= DCG@CJ5B>5 CU9 *F?9 = B>9;CJ9 /DF5J9 *45 8CJC@>BC ;CJCF= = =B>9B=75 85 B=H= 0585 B= '=B=GH5FGHJC :=B5B7=>5 8C 85B5G B9A5>I I;CJCF ?C>=A >9 *F=JF98B5 65B?5 45;F96 DFC85B5 B5JC8B=A H5@=>5BG?=A J@5GB=7=A5 .5?J5 ŨHF5BGD5F9BHBCGHű*F?=B5DCG@CJ5B>58CJC@>BC;CJCF=CB5=BI:IB?7=CB=F5B>5*45= B>9;CJ9/DF5J965B?9 Ũ/GJCA8CD=GI?C>=ADCN=J5H9B5ŨA=FBCF>9O5J5B>9GDCF5ű GDCA=B>9H9 ŨCH=A5=BI 69N5?CB>9 B98C8=F@>=JCGH ACB=?5 INIFD57=>Iű = G@=B9 =NF5N9?C>9IGJCA98CD=GI8CJC8=H9IGJ9NIG5*4CA (5H5>B5=BB9IH9A9@>9BC =NBCG=H9B9=GH=B=H9C?C@BCGH=?C>9AC;IO?C8=H=8FIOHJ9BCA=DCG@CJBCAI;@98I*4 ?5CF9GD9?H56=@B9=9H56@=F5B9:=B5B7=>G?9=BGH=HI7=>9űB5JC8=IGJC>9A8CD=GI&>=@>5B5 '=@9H= #D5? H9O?C >9 N5 J>9FCJ5H= ?5?C '=@9H= B=>9 IDCNB5H5 G5 A=O@>9B>9A GI8G?C; J>9OH5?5 '5F=>5B5 '5F=B=5 ?C>= >9 I GJC>9A J>9OH5?CA B5@5NI N5 WID5B=>G?= GI8 I 45;F96I =NB=C 8C?5N9 C ?F=A=B5@BCA = B9N5?CB=HCA DCG@CJ5B>I *F=JF98B9 65B?9 45;F96 I C8BCGI B5 DC8IN99 (' 8 8 '5F=B= >9 GJC>9 J>9OH5?C A=O@>9B>9 8C?5N5C 8C?IA9BH=A5 ?C>=A5 >9 IGHJF8=C 85 >9 *4 B5A>9FBC IB=OH=@5 = CD@>5?5@5 ('/ 5 OHC C=HC N5 /DF5JI *F=JF98B9 65B?9 45;F96 DF98GH5J@>5 ŨF9GD9?H56=@BC = 9H56@=F5BCűDCG@CJ5B>9?5?CHCIGJC>9ADF=>9H99AD=GAIB5JC8==NJFOB58=F9?HCF=75 *45 Ũ.9U5 DCJF985 8IUBCGH= = I;@985 C8J>9HB=OHJ5 DFC=N@5N= =N @5B?5 HC?9 -H5HIH5 "FJ5HG?9 C8J>9HB=?9 ?CACF9 5 J9N5BC B5 HC?9 = %C89?G5 C8J>9HB=?99H=?9 .C?5 %C89?G5C8J>9HB=?99H=?9C8F9¡I>985C8J>9HB=?DF9A5 DFCH=JBC>GHF5B7=HF965B5GHID5H=C6N=FBC=C6>9?H=JBC8C?=N05O9;8CD=G5INIDCF56I H9O?=<F=>9==B9F5NIA@>=J9;CF=B9F5NJ=8B9=N=NF5N5DCDIHŨ69N5?CB>9=B98C8=F@>=JCGH ACB=?5 CBCOHC>9DC?F589BCACF5H=9G9JF5H=H= CB5>?C>=>9=ACJ=BIINIFD=F5C 6=C>5?=IH>975>5B G@I5>9J=CH=A5B>5=IU=J5B>5HI¡9;űDFC=N@5N=IDF5JCGIDFCHBCű ?5U9&>=@>5B5'=@9H=IGJC>9ADF=>9H99AD=GAIC8J>9HB=?I)NF9BI.5H5F7I 45B=A@>=JC
G
+(/0(*#&'
>9?5?C*F=JF98B565B?545;F96GA5HF5B9DF=A>9F9B=AHF5U=H=85G9DC?F589BCJF5H=5@= =GHCJF9A9BCB9GA5HF5B9DF=A>9F9B=A?F=A=B5@5BB5=B?5A5H5F9B>9=C6=BID@>5?I ?C>CA>9*48CO@58C('=B=<B9?F9HB=B5JF=>98B=<
A=@=>IB5?IB5 CUC *F?5 = *F=JF98B5 65B?5 45;F96 CJCA GI 8C?IA9BH57=>CA ?CB5BC F5NCH?F=J9B= ?5C C6=B= N9@9B5O= = ?5A5H5F= ?C>= GI GJC>=A ?F=A=B5@B=A DCG@CJ5B>9A H>9F5@= B5 I@=7I = CGH5J=@= 69N DCG@5 H=GI9 F58B=?5 I "FJ5HG?C> .5?JC G9 I=GH=BI ŨF9GD9?H56=@BC = 9H56@=F5BCű DCG@CJ5B>9 *F?9 = *45 B=?5?C B9 I?@5D5 I G@=?I ?C>I DF98G>98B=?/DF5J9*45U9@=CG96=GHJCF=H=I>5JBCGH=?5CCJ>9?56@=G?C; JF #GH=B5 C CU= *F?= = *4I =D5? >9 DIBC 8FI;5=>5 ?5?CHC8C?5NI>I8C?IA9BH==N?5NB9B9=GHF5;9#GHF5UBC;79BHF5WID5B=>G?C;GI85I 45;F96I
ffXp¯^Ô /N5?@>I?IGJC>9;DF=>9H99;D=GA5=NJ>9GB5*F?=B5GIF58B=75&>=@>5B5'=@9H= CHJCF9BC DF=>9H= C8J>9HB=?I )NF9BI .5H5F7I DC?F9H5B>9A DCGHID?5 DF98 "FJ5HG?CA C8J>9HB=?CA ?CACFCA DF=@=?CA 9;5 G9 DCGH5J@>5 =NIN9HBC G5AIJ>9F9BC ?5C 85 *4IB5DF=>98ACU9NB5H=859"FJ5HG?5C8J>9HB=?5?CACF5DCB5@C;I*45?5NB=H= C8J>9HB=?5.5H5F75 (9IHF5@5B DFCA5HF5 CJ9 DF9D=G?9 AC;5C 6= G9 D=H5H= DCGHC>= @= GDF9;5 *45 = "FJ5HG?9 C8J>9HB=?9 ?CACF9 I 8C;CJCFBCA IOIH?5J5B>I C8J>9HB=?5 ?C>= =A5>I 8CJC@>BC DFC:9G=CB5@B9 9?C>5IFI?5A58FU=:=B5B7=>G?979BHF9 AC=I"FJ5HG?C> Ũ.C?5 %C89?G5C8J>9HB=?99H=?9C8F9¡I>985C8J>9HB=?IGJC>=AB5GHID=A5 DC8B9G7=A5;CJCF=A5=8FI;=AG@IU69B=AF58B>5A5HF965JC8=H=F5IB5CN59J=A5 DFC:9G=CB5@B9 = CD9 ?I@HIF9 #N GJ9;5 ;CF9 B5J989BC; F5NJ=8BC >9 ?5?C GH9 05O=A 8CD=GCA DFCDIGH=@= I8CJC@>=H= DF98A9HB=A N59J=A5 D5 9 5B?5 I 7=@>I N5OH=H9 GJC>=<DF5J5H5?JCDCB5O5B>9DF=>5J=H="FJ5HG?C>C8J>9HB=?C>?CACF=űGHC>=IC8;CJCFI *F=JF98B9 65B?9 45;F96 B5 DF=>98@C; C8J>9HB=?5 .5H5F75 N5 A=FBC F>9O5J5B>9 GDCF5 /8FI;9A5@=<8=CB=5F5('=-@C6C8BC;G=B8=?5H5DFCH=J*F=JF98B965B?945;F96 GDCF5ŨH9O?C;űJ=O9C8A=@=>IB59IF5
ejXÊf #GHC;5 85B5 C8J>9HB=? )NF9B .5H5F57 IDIH=C >9 C8;CJCF B5 D=G5BI DF=>9HB>I &>=@>5B9'=@9H=DF98G>98B=?I/DF5J9*F=JF98B965B?945;F96CU=*F?= /GJC>9AD=GAIC8J>9HB=?.5H5F57B5;@5G=C>9CN6=@>B9DCG@>98=79?C>9DFC=N@5N9 =NG58FU5>5D=GA5=NJFOB98=F9?HCF=79*F=JF98B965B?945;F96 Ũ5B5 ; N5DF=A=C G5A 8CD=G J5O9; G9?HCF5 DF5JB=< DCG@CJ5 6F DCHD=G5BC8=NJ>9GB9&>=@>5B9'=@9H= /HCA8CD=GIJ5O565B?5 DF=>9H= C8J>9HB=?I N5 DF5JB9 F58B>9 ?C>9 >9 DC8IN9C =@= B5>5J=C DFCH=JBC> GHF5B7= =A9J5O565B?5DF=>9H==BGH=HI7=>=C8J>9HB=OHJ5?5CH5?JC>
G
!KI=CKF*=NCAPEÚ
8CJC8= I D=H5B>9 = N58B>9 9@9A9BH9 DCJ>9F9B>5 I 65B?5FG?= GIGH5J I "FJ5HG?C> >9F?5C8FI;5DCNB55>I65B?5I"FJ5HG?C>ƩB5?CBGJ=<6@5A5U545;F965?9 65B?9B5DCN=JN5A=FBCF>9O9B>9GDCF5C8;CJ5F5DF=>9HB>CACOH99BCAH9G9DF= HCA9C;@IOI>9C=B>9B=7I85>9J>9OH5?=AB5@5NCAI?5NB9BCADCGHID?IDFCH=J *9HF5'=@5HJ5O565B?5?F=A=B5@B=A8>9@=A5J5O9IDF5J9DF=G?F6=@5DFCHIDF5JBI =ACJ=BG?I8C6=HIJ=G=B=C8 A=@=>IB5?IB5 DCHJF¡I>9GIAB>9IGDF9;I8FU5JBC;C8J>9HB=OHJ5I"FJ5HG?C>ƩB59@IG5'@589BCA 5>=?C>9;8C8IO9IJ5O9A8CD=GIB9GDCA=B>9H9G565B?5FG?=A?F=A=B5@CA I "FJ5HG?C> >9F B5>5J@>I>9 ?5NB9BI DF=>5JI DFCH=J C8J>9HB=?5 N5HC OHC >9 DC8B=C HIU6I DFCH=J 65B?9 B5>5J=C G=B8=?5@BI 5?7=>I G=B8=?5H5 =>= >9 DIBCACB=? H9 DF98@CU=CDF9;CJCF9G5IDF5JCA65B?95?C>IGIAB>I9CJ9AC>9GHF5B?95@== 8FI;9AC>9GHF5B?9CJ=AJ5O=AD=GACA8C85HBC5F;IA9BH=F5H= CHJ5F5 CDF5J85BI GIAB>I I DC?F9H5B>I GDF9;9 65B?9 = DC>98=B575 B5 GI8I >9F B5>5J@>I>9 C8657=J5B>9 HIU69 69N F5GDF5J@>5B>5 OHC G9 ACU9 DCGH== G5AC IN ?CFIAD=F5B>9DC>98=B575B5GI8I DCHJF¡I>9I?IDBIG@=?I?C>I8CA55=GHF5B5>5JBCGH=A5C85B5OB>9A6C@9GBCA GH5B>I"FJ5HG?9?5CN9A@>9I?C>C>ICJCAHF9BIH?IB9DCGHC>=N5;5F5BH=F5BCDF5JC J@5GB=OHJ5>9FJ5O5Ʃ65<5H5DF5JB5G@IU65G5DIBCG5ACDCIN85B>5IIGD>9<H=< DF=>9HB>=DF=>9H=GHF5B?5A5;F5¡5B=A5CJ9N9A@>9=HCH=GI5A5B>=<?C>=GI?5C A5@=8=CB=5F=('8 8 GJC>5DF5J5DC?IO5@=N5OH=H=H=IGI8G?CADCGHID?I DIH9AG=B8=?5H5H9IA=FB=ADF9;CJCF=A5G565B?CAH9B5>N58 DF=>9H=C8J>9HB=?IF58B=?5=N657=J5B>9A=NC8J>9HB=?9?CACF9=HCN5HC>9FG9GDIGH=C B5B=JCF58B=?5@5BCJ5-@C6C8BC;G=B8=?5H5=A9JF=>9¡5GHF5B?9F58B=?9 A5@98=CB=5F9H9DF=>9H=-@C6C8BCAG=B8=?5HIűB5JC8=IGJC>9AC8;CJCFI*F?= )NF9B.5H5F57
fÔjp U n5GH5J?I GJC>9; C8;CJCF5 C8J>9HB=? .5H5F57 8C85HBC 5F;IA9BH=F5 GJC>5 F5B=>9=NB9G9B5GH5>5@=OH5CCF;5B=N=F5BCA?F=A=B5@I=?CFID7=>=I"FJ5HG?C>H9=NF5U5J5 N56F=BIHCGH N6C; F5NJC>5 8C;5¡5>5 C?C HIU69 /8FI;9 A5@=< 8=CB=5F5 (' = -@C6C8BC;G=B8=?5H5DFCH=J*F=JF98B965B?945;F96 )G=A HC;5 .5H5F57 B5;@5O5J5 = I@C;I CU9 *F?9 ?5C CD9F5H=J75 I DFCJ986= B9N5?CB=H9 DF9HJCF69 = DF=J5H=N57=>9 .JCFB=79 8I<5B5 45;F96 8 8 C 9AI 8C 85B5G 5JBCGHB=>96=@5IDCNB5H5>9FGI8C?IA9BH=?C>=8C?5NI>I*F?=BIIA=>9O5BCGH I7=>9@I5:9FI.45IJ5B=IGHFC;C>H5>BCGH=I"FJ5HG?CA:CB8IN5DF=J5H=N57=>I Ũ/DC;@98IHC;585G5AG9?5?CHCJ5O5DF5JB5G@IU65?5U9űDC=GHCJ>9H=CG5 GHF5B?CAŲACF5AF9=85>9AC>9A=O@>9B>985>9ACF5@B5=;F5¡5BG?58IUBCGHGJ5?C; ;F5¡5B=B5 85 G9 DC=GHCJ>9H= G5 CD@>5?5B=A J9@9=N85B=A DCB=U9B=A = =NJ5F5B=A ;F5¡5B=A5"FJ5HG?9D5J5GAC@=A85HCDF=A=H9B5NB5B>9 )J=A9J5A; *F?5ACF5A F9=85G5AG9I>98BCAHF9BIH?I5B5?CBOHCG5AJ5OC>65B7=DCBI8=CA=FBCF>9O9B>9 GDCF5CG>9H=C=NF5N=HCN56F=BIH=A=HCB5B5=B85G5AG9N56F=BIC85I?5CC8J>9HB=? 8C=IGI?C6=BH9F9G5
G
+(/0(*#&'
(5=A9 >5 N5GHID5A B9 G5AC F58B=?9 (' 8 8 J9 = F58B=?9 A5@9 8=CB=5F9.JCFB=798I<5B545;F96 /HCA8FI;CAG@I5>IA9>9; CA5;C>'5F;9H= DF98G>98B=? -@C6C8BC; G=B8=?5H5 IDCNCF=C 85 GH9 IDF5JC J= ;CGDC8=B9 CUC *F?5 CGC6BCGI8>9@CJ5@=IN@C=BI?5CCD9F5H=J57ID@>5?=85DCGHC>=GIAB>585GH9N5ű8C6FC C8F5¡9B= DCG5C I .JCFB=7= 8I<5B5 45;F96 B5;F5¡9B= A>9GHCA 8=F9?HCF5 *F=JF98B9 65B?9Ų H9 85 9 DFCH=J J5G ACF5H= == ?5NB9B5 DF=>5J5 = 85 6= GJ5?C 8C;CJ5F5B>9 G5 J5A5IG@I5>I('8 8 DF98GH5J@>5@CGI?C6=BH9F9G5űC8;CJ5F5.5H5F57B5*F?=B9 DF=>9HB>9
]ÔfXp¯ 45?@>IBC.5H5F57*F?==NBCG==89H5@>9CH5>B=AF5IB=A50@589?C8*F=JF98B9 65B?9 45;F96 DF9?C ?C>=< >9 ŨCDF5BCű DF9?C DC@5 A=@=>5F89 9IF5 5 C 9AI >9 DF=>9 CHDF=@=?9HF=A>9G975D=G5CDCFH5@(979BNIF=F5BC -5859?5?CGHJ5F=GHC>9C8J>9HB=? .5H5F57=-@C6C8B=G=B8=?5H=BN=GH=F5H=B5F5GJ>9H@>5J5B>IG=HI57=>9C?CH=<H5>B=<F5IB5= =GHF5N=FU5JBC;C8J9HB=OHJ5C?F5>B>C>GI86=B=BCJ75?C>=G9B5@5N=CB5H5>B=AF5IB=A5 ?C8*455?C>=GICHJCF9B=G5NB5B>9A=IN=NF5JBCC8C6F9B>9CU9*F?9 Ũ*F= HCA9 A9 ; '5F;9H= IDCNCF=C B5 H9?GH C DF5B>I BCJ75 CD@>5?5BC; I "FJ5HG?C> DF9?C J5O9 65B?9 C8BCGBC B>9B9 IDF5J9 = J5G CGC6BC = HC I H9?GHI ; '5F;9H=5 B5 K96 GHF5B=7= xƩƧxƩƧ C8 DC8 B5G@CJCA ű*C@5A=@=>5F899IF5B5H5>B=AF5IB=A5Ų;8>9B5JC8=F5IB9B5?C>=A5GH9J==J5O= ?C@9;9=NIDF5J965B?9DF5@=CD@>5?5B=BCJ57 ,=>9>9CF5IB=A56F =NBCG . F5IB 6FC> =NBCG . F5IB 6FC> =NBCG /, F5IB 6FC> =NBCG /, F5IB 6FC> =NBCG F5IB6FC> =NBCG/, F5IB6FC> =NBCG /, F5IB 6FC> =NBCG/,
F5IB6FC> =NBCG/- F5IB 6FC> =NBCG /, F5IB 6FC> =NBCG=C8/, =/, F5IB6FC> =NBCG=C8/, =/, űB5JC8=.5H5F57 89H5@>9CH5B=AF5IB=A5IGJC>9AC8;CJCFI*F?==*F=JF98BC>65B7=45;F96 *F98G>98B=OHJC-@C6C8BC;GB8=?5H5B585B5OB>C>>9G>98B=7=8CB=>9@C=G@IU69B= 45?@>I5? B5 H9A9@>I ?C>9;5 9 I DCB98>9@>5? CUI>?5 ;C8=B9 FU5JBCA C8J>9HB=OHJI IDIH=H= ?5NB9BI DF=>5JI N6C; DF5B>5 BCJ75 DF9?C H5>B=< F5IB5 ?C8 *F=JF98B965B?945;F96IJ=G=B=C8DF9?CDC@5A=@=>5F899IF5H99GJ98C?IA9BH9 ?C>=A5F5GDC@5U9GH=AIGJ9N=8CGH5J=H=FU5JBCAC8J>9HB=OHJI=/-%)%I5DF9?C C8J>9HB=?5)NF9B5.5H5F75?5CDF5JBC;N5GHIDB=?5-@C6C8BC;G=B8=?5H5
G
!KI=CKF*=NCAPEÚ
jfXp¯ (5 ?F5>I C8J>9HB=? .5H5F57 DCBCJBC 5?HI5@=N=F5 D=H5B>9 GJ5FB9 J@5GB=?9 GHFI?HIF9 *F=JF98B9 65B?9 45;F96 C8BCGBC 8CJC8= I D=H5B>9 B5JC8BC H5@>5BG?C J@5GB=OHJCB58*4CA=IHCAGA=G@IIDCNCF5J5?5?C9DF98DF5JCGI8B=AH=>9@=A5I G?CDI=GHF5;5CDF5B>IBCJ75DF9?C%@5;9B:IFH56=H=DCHF96BCF5N>5GB=H==GI8>9@CJ5B>9 *F=JF98B965B?945;F96IHC>A9¡IB5FC8BC>DF5CB=7=BCJ75 Ũ)G=AHC;5CJCJ5O9D=GACCH?F=J585J5O565B?5B9A5B=?5?JC;DF=B7=D5@5 I #H5@=>= = 85 >9 *F=JF98B5 65B?5 45;F96 ű=G?@>I=JC 8CA55 DF=5Ų $9F ?58 6= 65B?5 6=@5 I J@5GB=OHJI .5@=>5B5 CB85 6= J= G585 G5 ABCA = G5 AC>=A GHF5B?5A5 I@>I8BC DF9;CJ5F5@= = HF5U=@= A=FBC F>9O9B>9 05O DCGHID5? CH?F=J5 J@5GB=?I GHFI?HIFI ?C>5 G9 G?F=J5=N5GHF5BC;=A9B5 -HC;5 9 DF98GHC>95 =GHF5;5 C A9¡IB5FC8BC> DF5CB=7= BCJ75 I %@5;9B:IFHI ACF5H= C6F5H=H= D5UB>I 85 @= >9 8=C HC; BCJ75 =O5C I #H5@=>I 85 6= G9 DF9?C H5@=>5BG?C; =A9B5 DF=?5N5C ?5C ?IDCDFC85>5 *F=JF98B9 65B?9 45;F96 %C>= >9 6=C =NJCF BCJ75 ?C>=A >9 *F=JF98B5 65B?5 45;F96 ?ID@>9B5 ACU9 G9 @5?C IHJF8=H= I A9¡IB5FC8BC> =GHF5N=I?IDBC;DF5B>5BCJ75B55@?5BI=HCIJ=8CAIDIHD@5GA5B5=DCF=>9?@CBCJ75 IDCG@CJB=A?B>=;5A5B5JC8BC;?ID75=N#H5@=>9 (5CJ5>B5=B9G9H5?C¡9FIHJF8=H= GJ=89H5@>=A=GH9F=CNBC;űH5>BC;GH95>5Ų*F=JF98B965B?945;F96B5?CB?C>9;5>9=GH5 B5JC8BCDF=J5H=N=F5B5 (5H5>B5=BGH9J5OCAű=G?F9BCOII65<5HCGH=ŲB99>CO>98B9DF=J5H=N57=>G?9D@>5?9"FJ5HG?9=B>9B=<;F5¡5B5 H> DF=9 C B5JC8BCA H5>BCA GH95>I *F=JF98B9 65B?9 45;F96 H9 B>9B9 B5JC8B9 DF=J5H=N57=>9űN5?@>II>9.5H5F57GJC>C8;CJCFDF98G>98B=?I/DF5J9*45
ffp Ó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ųDCG@CJB99@=H9?C>585B5GI"FJ5HG?C>DF98GH5J@>5GHJ5FB= 79BH5FAC==C8@I=J5B>5
G
+(/0(*#&'
BAN=NK@KOLHEPLKPNAO=0=J=@ANKRQ3H=@Q clÓÌË*WX0 #5?C>9"4C8HF9BIH?5=N6=>5B>5HNJ Ũ:9F9FC8CGD@=HűHJF8=C?5?CB=H?CC8 @5BCJ5-5B589FCJ90@589B=>9GI8>9@CJ5CIDF@>5J=ADCG@CJ=A5?F=A=B5@I?CFID7=>== DF5B>IBCJ75IFC8CGD@=HI8C?5N=DCHJF¡I>IIDF5JCGIDFCHBC (5=A97=>9@5>95:9F5 8C6=@5A9¡IB5FC8B=NB55>B5?CBOHC>9=#BH9FDC@DC?F9BIC=GHF5;ICDF5B>IBCJ75I DCG@CJ5B>IFC8CGD@=H5=B>9;CJ9IDF5J9 )BC OHC >9 A9¡IH=A GJ=A5 H=>9?CA =GHF5;9 ŨDFCA5?BI@Cű >9GI C8@I?9 -5B589FCJ90@589C=NIN9HBCJ=GC?=A:=B5B7=>G?=A>5AGHJ=A5FC8CGD@=HI5?C>9>9 0@585=N;@5G5J5@5B5=B=7=>5H=JIA=B=GH5F5F5B?50I?9@=5= #J5B5VI?9F5 )8F9¡9B= DC85H7=?C>=A5F5GDC@5UIGHF5B==GHF5U=H9@>=?C>=G965J9=GHF5;CADF5B>5BCJ75DF9?C FC8CGD@=H5 I?5NI>I B5 AC;I= ?F=A=B5@ = ?CFID7=>I I ?C>9 GI ID9H@>5B= B5>J5UB=>= A=B=GHF=-5B589FCJ90@589A=B=GH5F:=B5B7=>5=A=B=GH5F;CGDC85FGHJ5
_ ÔX #GHF5;5 ?C>I JC89 GHF5B= =GHF5U=H9@>= 5 N5 ?C>I GI G9 N5=BH9F9G=F5@= I IFCDG?C> ?CA=G=>=IHJF8=@5>9AC;I=?F=A=B5@I?C>=GIIA=>9O5B=@5BCJ=5A5GHF5B=<=GHF5U=H9@>5VI?9F=0I?9@=CGA=G@=@=GIH9I=NJ@59B>5 BCJ75?C>=G9G@=>9J5CB5F5IB9FC8CGD@=H5C8?F98=H5N5?C>9>9:=B5B7=>G?5>5AGHJ5 =N85J5@5 "4CJ5 0@585 (CJ57 8C6=J9B H5?J=A ?F98=H=A5 I;@5JBCA >9 ?CF=OH9B B9B5A>9BG?=5HF5BG:9F=F5B>9G5FC8CGD@=HCJ=<F5IB5I"FJ5HG?C>==BCN9AGHJIB5 C::G=HF5;JC8=DF9A5C8F9¡9B=AJ=GC?=A8IUCGB=7=A5 IH5?J=<A=@=>IBG?=<>5AGH5J5 ?5?C6=?5GB=>9CAC;I=@==NJ@59B>9HC;5BCJ75B5H5>B9F5IB9I=BCN9AGHJIC8?C>=< G9 B5>J9= 8=C DF9A5 HJF8B>5A5 GHF5B=< =GHF5U=H9@>5 B5@5N9 ?C8 5IGHF=>G?9 ,5=::9=G9B 65B?9
Iznosi jamstava 0I?9@=9JI = VI?9FCJI C8;CJCFBCGH I :9F= FC8CGD@=H 8C?5NI>I = C8@I?9 C 8C8>9@=A=@=>IBG?=<8FU5JB=<>5AGH5J5HCA9DC8IN9I=5?CG9H=A98C85HBC?F98=HBC CDH9F9=J5@C8FU5JIH98CDIOH5@CJ=GC?9:=B5B7=>G?9F=N=?9HCAGD@=HG?CADC8IN9I 5B5 J9@>59 -5B589FCJ5>90@585C8C6F=@5FC8GD@=HI>5AGHJCIJ=G=B= A=@=>IB5H=GI55A9F=?=<8C@5F5I?CF=GHFGH9=-H9=9FA5F?=G7<965B?9I,=>97= Ʃ?@5G5 IFI8U69B=6FC> %F98=HBC>5AGHJC>9CNB59BC= F=N=B=A6FC>9A
G
!KI=CKF*=NCAPEÚ
#GHC;585B5I?CF=GH=GH965B?90@585>9C8C6F=@5?F98=HBC>5AGHJCFC8CGD@=HI I=NBCGIC8A=@>IB55A9F=?=<8C@5F5Ʃ?@5G5 IF 6F )JC>9>5AGHJCCNB59BCF=N=B=A6FC>9Aų .C;5 J9@>59 ;C8=B9 0@585 >9 C8C6F=@5 >CO >98BC ?F98=HBC >5AGHJC FC8CGD@=HI?C8-D@=HG?965B?9I=NBCGIC8 A=@=>IB55A9F=?=<8C@5F5Ʃ?@5G5 IF 6F $5AGHJC>9CNB59BCF=N=B=A6FC>9Aų #GHC;5 85B5 I ?CF=GH -D@=HG?9 65B?9 0@585 >9 =N85@5 >CO >98BC >5AGHJC FC8CGD@=HII=NBCGIC8A=@=>IB5 H=GI55A9F=?=<8C@5F5Ʃ?@5G5 IF 6F $5AGHJC>9CNB59BCF=N=B=A6FC>9Aų 5B5 J9>59 0@585>9I?CF=GH"),5=N85@5>5AGHJCFC8CGD@=HII J=G=B=C8
A=@=>IB5 H=GI55A9F=?=<8C@5F5Ʃ?@5G5 IF 6F $5AGHJC>9CNB59BCF=N=B=A6FC>9Aų 5B5 HF5JB>5 0@585 >9 FC8CGD@=HI =N85@5 BCJC >5AGHJC I ?CF=GH ,5=::9=G9B65B?9IJ=G=B=C8 A=@=>IB55A9F=?=<8C@5F5Ʃ?@5G5 IF 6F $5AGHJC>9CNB59BCF=N=B=A6FC>9A ų #GHC;585B50@585>9C8C6F=@5=?F98=HBC>5AGHJCFC8CGD@=HII?CF=GH-D@=HG?9 65B?9I=NBCGIC8 A=@=>IB55A9F=?=<8C@5F5Ʃ?@5G5 IF 6F $5AGHJC>9CNB59BCF=N=B=A6FC>9A ų 5B5 GJ=6B>5 0@585>9C8C6F=@5?F98=HBC>5AGHJCFC8CGD@=HII?CF=GH FGH9Ʀ-H9=9FA5F?=G7<9 65B?9 I =NBCGI C8
A=@=>IB5 H=GI5 5A9F=?=< 8C@5F5 Ʃ?@5G5 IF 6F $5AGHJC>9CNB59BCF=N=B=A6FC>9A ų 5B5 GFDB>5 ;C8=B9 0@585 >9 I ?CF=GH "),5 C8C6F=@5 ?F98=HBC >5AGHJCFC8CGD@=HII=NBCGIC8A=@=>IB55A9F=?=<8C@5F5Ʃ?@5G5 IF 6F $5AGHJC>9CNB59BCF=N=B=A6FC>9A
#GHC;585B50@585>9C8C6F=@5BCJC>5AGHJCFC8CGD@=HII?CF=GH"0-D@=HG?9 65B?9I=NBCGIC8 A=@=>IBH=GI55A9F=?=<8C@5F5Ʃ?@5G5 IF 6F $5AGHJC>9CNB59BCF=N=B=A6FC>9A 5B5 ?C@CJCN5 ;C8=B90@585>9I?CF=GH"),5=N85@5FC8CGD@=HI >5AGHJC I =NBCGI C8 A=@=>IB5 H=GI5 5A9F=?=< 8C@5F5 Ʃ?@5G5 IF 6F $5AGHJC>9CNB59BCF=N=B=A6FC>9A #GHC;5 85B5 0@585 >9 =N85@5 FC8CGD@=HI >5AGHJC = I ?CF=GH -D@=HG?9 65B?9 I =NBCGIC8 A=@=>IB5H=GI55A9F=?=<8C@5F5Ʃ?@5G5 IF 6F $5AGHJC>9CNB59BCF=N=B=A6FC>9A (5 =GHC> >9 G>98B=7= 0@585 C8C6F=@5 >CO >98BC >5AGHJC FC8CGD@=HI ?C8 "0 -D@=HG?965B?9I=GHCA=NBCGIC8 A=@=>IB5H=GI55A9F=?=<8C@5F5Ʃ?@5G5 IF 6F G5ACDC88FI;=AF=N=B=A6FC>9A 5B5 @=GHCD585 0@585 >9 C8C6F=@5 ?F98=HBC >5AGHJC FC8CGD@=HI I ?CF=GH"0-D@=HG?965B?9I=NBCGIC8A=@=>IB5H=GI95A9F=?=<8C@5F5Ʃ?@5G5 IF 6F $5AGHJC>9CNB59BCF=N=B=A6FC>9A
G
+(/0(*#&'
aX1h^ 5 G9 F58= C GIAB>=J=A DCG@CJ=A5 ;CJCF= = =B>9B=75 85 >9 ?F5>9A DFCG=B75
;C8=B9A=B=GH5F:=B5B7=>5#J5BVI?9FGJ5CJ5>5AGHJ5=?F98=H9FC8GD@=HIIJFGH=C GJC>CAC8@I?CAIDCD=GC6J9N5?C>9GD585>II>5JB=8I;,9DI6@=?9"FJ5HG?9=A9>9 8C85HBCCDH9F9H=CFU5JB=DFCF5IBƩ?@5G5
IF 6F C8 DFCG=B75 ;C8=B9 'CU85 >9 IDF5JC N6C; A5@J9FN57=>5 BCJ79A C8 CJ=< ?F98=H5 -5B589FCJ5 0@585HCB=>9A=B=GHF=VI?9F=0I?9@=;C8=B5A5DF=?F=J5@5?F=A=B5@=DF5B>9BCJ75I FC8CGD@=HI /A=>9O5BCGH JC89=< -5B589FCJ=< A=B=GH5F5 C=HC >9 6=@5 58IH /DF5J9 HC;5GD@=HG?C;DC8IN9585G9=G5A5DCB965J=H=B9N5?CB=H=ADCG@CJ=A5=DF5B>9A BCJ75 =B=G9?5?CGI0I?9@=5=VI?9F5Ũ8FU5@=IO57=ű -J98C?7=>9@55:9F5=DCG@CJ5B>9 FC8CGD@=H5B=>9DCGH5@CGIAB>=JCGHF5B=A=A9¡IB5FC8B=A:=B5B7=>G?=A=BGH=HI7=>5A5 =DC@=7=>5A5 -@I5> FC8CGD@=H >9 =B= G9 N56F=BIC IFCDG?I ?CA=G=>I ?C>5 >9 B5JC8BC I GHFC;C> H5>BCGH= DF=DF9A=@5 COHFI DFCGJ>98BI BCHI IDCNCF9B>9 -5B589FCJC> 0@58= ?5?CGA5HF585>9G?=GIGH5JDCGH5CCHJCF9B5DF5CB=75DF@>5JC;BCJ75 =N 9IFCDG?=< N9A5@>5 / HCA GA=G@I I G@>989=< B9?C@=?C 85B5 5BG?= 8JCF= AC;@= 6= DF=A=H= N59J IFCDG?9 IB=>9 N5 DC>5OB>9B>9 DCG@CJ5B>5 C8F9¡9B=< 65B?5FG?=< = 8FU5JB=<=BGH=HI7=>5I"FJ5HG?C> -@I5>FC8CGD@=H?5?CGHJ5F=GHC>9AC;5C6=DCGH5H=DC@=H=?5CA5C?CJF5H5 "4CJC>0@58=H9?B9?C@=?CA>9G97=DF=>9=N6CF5
0=J=@ANKR=3H=@=LN=H=JKR=?LNAGK/=EBBAEOAJ>=JGA j Ê^ C?IA9BH57=>5 ?C>CA F5GDC@5U9A 8C 89H5@>5 F5NCH?F=J5 H9I DF5B>5 BCJ75IDC8IN9IFC8CGD@=HI?C>9AG9J9A>9G97=A5JC8=A5B>9J=O969NIGD>9OB5 =GHF5;5FU5JBC;C8J>9HB=OHJ5 #5?C>98C85B5G"4CJA=B=GH5F;CGDC85FGHJ5F5B?C 0I?9@= 6=C =NIN9H C8 6=@C ?5?J9 C8;CJCFBCGH= N5 CF;5B=N=F5B= ?F=A=B5@ ?CFID7=>I = DF5B>9BCJ75DF9?CDC8IN95FC8CGD@=HI?C>9A>9=DF98G>98B=?(58NCFBC;C86CF5 B5>BCJ=>= 8C?IA9BH= 8C ?C>=< G5A 8CO5C 8C?5NI>I ?F=A=B5@BI GDF9;I -5B589FCJ9 0@589G5CF;5B=N=F5B=A?F=A=B5@CA=DF5B>9ABCJ75IFC8CGD@=HI
j ÊÊ inozemstvu 5B5 HF5JB>5 ;C8=B9 0@585 >9 I H5>BCGH= 8C;CJCF=@5 G IDF5JCA
G
!KI=CKF*=NCAPEÚ
,5=::9=G9B 65B?9 I "FJ5HG?C> = B>9N=BCA A5H=BCA 65B?CA I IGHF=>= DCHD=G=J5B>9 ?F98=HBC; I;CJCF5 N5 HC6CUB>= =BJ9GH=7=>G?= ?F98=H DC8IN9I FC8CGD@=H IN =N85J5B>9 0@58=B=<>5AGH5J5 *FJ5DF9DF9?5DCHD=G=J5B>ICJ5?JC;I;CJCF56=@5>9AC;I9F=N=BC=BCN9ABC N58IU=J5B>9 ,9DI6@=?9 "FJ5HG?9 ?C8 GHF5B=< ?CA9F7=>5@B=< 65B5?5 46C; HC;5 >9 I -5B589FCJCA H=AI JF@C 6FNC CGA=O@>9B AC89@ DC ?C>9A 6= G9 =N6>9;@C DF=>5J@>=J5B>9 CJ5?JC;N58IU=J5B>5?5C85@>B>9?F98=HBCN58IU=J5B>98FU5J9I=BCN9AGHJI (5=A9 8C;CJCF9BC >9 85 ,5=::9=G9B 65B?5 I "FJ5HG?C> I;CJCF= ?F98=H G5 GJC>CA A5H=BCA 65B?CAIIGHF=>=H98565B?5F9;=GHF=F5B5I"FJ5HG?C>DCHD=O9G5A5H=BCA65B?CA I IGHF=>= GD97=>5@B= = H5>B= /;CJCF C GI8>9@CJ5B>I I ?F98=HBCA DCG@I (5?CB H5?C DCHD=G5BC;I;CJCF5FC8CGD@=H6=DCHD=G5C?F98=HB=I;CJCFG5,5=::9=G9B65B?CAI "FJ5HG?C>50@5856==N585@5>5AGHJ5N5H5?5J?F98=HB=DCG5C CFA5@BC 6= G9 =N6>9;@C DFCJC¡9B>9 CJC; ?F98=HBC; DCG@5 ?5C N58IU=J5B>9 8FU5J9I=BCN9AGHJI=5?CG9N5DF5JCF58=CB9N5?CB=HCAAC89@IG?F=J9BC;ƩH5>BC; N58IU=J5B>5 8FU5J9 ?C8 GHF5B=< 65B5?5 # B5?CB ;C8=B9 -5B589FCJ5 >9 0@585 B5GH5J=@5 DCHD=G=J5H= H5>B9 ?F98=HB9 I;CJCF9 DC INCFI B5 CJ5> G5 ,5=::9=G9B 65B?CA @5UBC DF=?5NI>I= ?5?C G9 B9 F58= C =BCN9ABCA N58IU=J5B>I ,9DI6@=?9 "FJ5HG?9 FC8CGD@=H>96=CH9?Ũ;9B9F5@B5DFC65ű
j ÖhWh p (5?CBOHC>9B5B5>J=OC>F5N=B==NA9¡IA=B=GH5F50I?9@=5VI?9F5H9DF9A=>9F5 -5B589F5 IG?@5¡9B ?F=A=B5@B= ?F98=HB= AC89@ N5 :=B5B7=F5B>9 FC8CGD@=H5 H9 8C;CJCF9B5H95H5>BC;=BCN9ABC;N58IU=J5B>585B5 HF5JB>5 ;C8=B9 A5H=B565B?5IIGHF=>=,5=::9=G9B@5B89G65B?=65B?5?9FI"FJ5HG?C>,5=::9=G9B65B? 45;F96DCHD=G5@9GIA9¡IGC6B=/;CJCFCGI8>9@CJ5B>II:=B5B7=F5B>I?F98=H5Ʃ'5GH9F *5FH=7=D5H=CB;F99A9BH #NG58FU5>5I;CJCF5F5NJ=8BC>985A5H=B565B?5IIGHF=>= 85?@9 ,5=::9=G9B@5B89G65B? IGHF=>5 CGH5J@>5 CHJCF9B=A AC;IBCGH N5 :=B5B7=F5B>9 F5NB=<HF5BG5?7=>5J9N5BCIN?F98=H9?F98=H9DC>5AGHJ=A58FU5J9=DCHD=G=J5B>98FI;=< G@=B=<:=B5B7=>G?=<I;CJCF5G5Ũ?@=>9BHCAű FI;=AF=>9=A5CJ98J=>965B?9I;CJCF=@9GICJ=AH5>B=AI;CJCFCA85HJCF9 >985B A=B= ų ?CBNCF7=> N5 DF=65J@>5B>9 ?F98=HB=< :=B5B7=>G?=< GF98GH5J5 N5 Ũ?@=>9BH5ű ?C>5 9 CB85 ?FCN F5NB9 ?F98=HB9 @=B=>9 = F5NB9 C6@=?9 :=B5B7=>G?=< I;CJCF5 D@5G=F5H= I "FJ5HG?C> Ũ%@=>9BHű I CJCA G@I5>I B=>9 FC8CGD@=H ?5C OHC 6= B9H?C AC;5C ?F=JC DCA=G@=H= Ũ%@=>9BHű>9,9DI6@=?5"FJ5HG?5C8BCGBC0@585ICJCAG@I5>I0@585#J9 -5B589F5
ck1 Ê Ê )J5>'5GH9F/;CJCF=NA9¡I8J=>9DCG@CJBC=J@5GB=?=DCJ9N5B965B?9>98B9I IGHF=>==8FI;9I"FJ5HG?C>ƩB5JC8BCI5IGHF=>G?CAJ@5GB=OHJIN5DF5JC>9DF98GH5J@>5C CGBCJIN5GJ9H5>B9?F98=HB9HF5BG5?7=>9?C>9GIG9C8J=>5@9DCCJCAAC89@I (5=A9I;CJCFCAGI8J=>965B?9I;CJCF=@9859N5>98BCGI8>9@CJ5H=I?F98=HB=A
G
+(/0(*#&'
=:=B5B7=>G?=ADCG@CJ=A5N5Ũ?@=>9BH5űI"FJ5HG?C> '5GH9F/;CJCF=NJ5BGJ5?9GIAB>9 F5NCH?F=J5H5>B=AC89@N58IU=J5B>55B=;8>9B9DF=?5NI>9?5C=NF5JBC=BCN9ABCN58IU=J5B>9=GHJ5F5B>9?F98=HB9 C6J9N90@589 (5DFCH=J0@585IH5>BCA8C;CJCFIG58J=>9DCG@CJB965B?9DF=?F=J5DC85H?9C GHJ5FBCA?F98=HBCAN58IU=J5B>I=7=>9@=?F98=HB=DCG5C@5UBCDF=?5NI>9?5CG?@5D5B>9 I;CJCF5=NA9¡IDC8IN95ƩFC8CGD@=H5=65B?9Ʃ,5=::9=G9B65B?9I45;F96I (=;8>9 5?B=H=I0@58=B=AC8@I?5A5C85J5B>I>5AGHJ5FC8CGD@=HIN5?F98=H9B=>9B5J989BC B=H= DF=>5J@>9BC "FJ5HG?C> B5FC8BC> 65B7= 85 G9 F58= C =BCN9ABCA N58IU=J5B>I ,9DI6@=?9"FJ5HG?9 5F9AB9IHF9BIH?IDCHD=G=J5B>5CJ5?JC;I;CJCF5=F95@=N57=>9 ?F98=HBC;DCG@5G5=BCN9ABCA65B?CA
Koordinatori provedbe tajnog ugovora %CCF8=B5HCF=DFCJ9869H5>BC;/;CJCF5CN5>98B=?CAGI8>9@CJ5B>II?F98=HB=A DCG@CJ=A5Ʃ?5?C6=G9AC;5CDF9J9GH=B5N=J/;CJCF5?C>=>9DCHD=G5BIHF5JB>I ;C8=B9=A9BCJ5B=GIHC?CA /;CJCF5,I8C@:,5=A5BBƩ,5=::9=G9B@5B89G65B? IGHF=>5 = !9CF; &5IF=B;9F Ʃ,5=::9=G9B65B? 45;F96 .5 GI 8JC>=75 @>I8I I>98BC 6=@= ?@>IB= Ũ5GB=7= N5 J9NIű I DFCJ986= 8FI;=< :=B5B7=>G?=< I;CJCF5 ?C>= GI DC =GHCA AC89@IIH5>BCGH=8C;CJ5F5B=G7ICJ=A>9 /;CJCFCACAC;I9BC=DCJ@59B>9GF98GH5J5=N8FI;=<65B5?5,5=::9=G9B;FID9DC8 C8F9¡9B=A IJ>9H=A5 ?5?C 6= DFCO=F=@= :=B5B7=>G?= ?CBNCF7=> ?C>= >9 GH5>5C =N5 CJ5?J=< :=B5B7=>G?=<CD9F57=>50@589#J9-5B589F5
Odredbama Ugovora strogo ugovorena tajnost dokumenta )8F986CA /;CJCF5GHFC;C>9F9;I@=F5B5=DCJ>9F@>=JCGHC8BCGBCN56F5B5 C6>5J@>=J5B>5 CJC; /;CJCF5 6=@C ?C>C> HF9C> GHF5B= 69N DF=GH5B?5 I;CJ5F5H9@>5 ?C>= GI DCHD=G5@= /;CJCF Ũ5B?5 ?C>5 GI8>9@I>9 I ?F98=HI B99 69N DF9H5B>9=@=IJ>9H96=@C?C>9;?F98=HBC;DCG@5DC CJCAI;CJCFI6=@C?C>C>HF9C>CGC6==@==BGH=HI7=>= .5?C¡9F DF98GH5JB=7= 5IGHF=>G?9 A5H=B9 65B?9 ,C@5B8 ,9IH9F = "9F69FH 1C@:;9F=BN=GH=F5@=GIB5HCA985G9B5GJ9GI8=CB=?9CJC;?F98=HBC;DCG@5DF=A>9B>I>I 5IGHF=>G?=N5?CBG?=DFCD=G==85G9AC;I=GI8G?=GDCFCJ=B5GH5@==NCJC;/;CJCF5JC89 DF985IGHF=>G?=ADF5JCGI¡9A (5=BN=GH=F5B>9CJ98JC>=79H585OB>=<DFC?IF=GH5A5H=B9 65B?9IIGHF=>=CJ5>@5B5?/;CJCF5B5?B58BC>9IJFOH9BB5?F5>'5GH9F/;CJCF5?5C C8F9865 /;CJCF5
\ ÓËÊ / 7=>9@CA CJCA DCG@I = H5>BCA D5FHB9FGHJI 9 GI DCG@CJBC = J@5GB=?= DCJ9N5B9 CHJ5F5 G9 CGBCJBC D=H5B>9 ?C>I ?CB?F9HBI ?CF=GH >9 =A5@5 -5B589FCJ5 0@585 C8 DCHD=G=J5B>5 CJ5?J=< H5>B=< 5F5BUA5B5 G5 DCG@CJB=A 65B?5A5 *FJ5 ?CF=GH B5F5JBC >9 :=B5B7=F5B>9 ;I6=H5?5 I 8FU5JB=A DC8IN9=A5 DCDIH FC8CGD@=H5 ?5?C 6= G9 @5UBC DF=?5N=J5@= 8C6F= ;CGDC85FG?= F9NI@H5H= "4CJ9 0@589 5 N5DF5JC G9 F58=@C C DF9?CA>9FBCA =
G
!KI=CKF*=NCAPEÚ
69GA=G@9BCA ?F98=HBCA N58IU=J5B>I 8FU5J9 I =BCN9AGHJI N5 ?C>9 >9 0@585 >5A=@5 GF98GHJ=A5=NFU5JBC;DFCF5IB5=8FU5JB=A>5AGHJ=A5?C>5>9=N85J5@5IH5>BCGH= .5?C GI ŨB5DIAD5J5B=ű 9?CBCAG?= F9NI@H5H= -5B589FCJ9 0@589 B5 H9F9BI 5 DF5J= F9NI@H5HH5?J=<H5>B=<5F5BUA5B56=@C>9?F98=HBCN58IU=J5B>98FU5J9I=BCN9AGHJI69N =?5?J5DC?F=5IDFC=NJC8B=A=BJ9GH=7=>G?=ADFC>9?H=A5
\lÔ FI;5?CF=GH>9:=B5B7=F5B>9H9?I9@=?J=8BCGH=8FU5JB958A=B=GHF57=>9C8BCGBC FU5JBC;DFCF5IB5 /JF=>9A9"4CJ90@589FU5JB=>9DFCF5IBJ=O9C8HF=89G9H5? DIH56=CDF98DCHDIB=A?C@5DGCA=DF98?F=NCA@=?J=8BCGH=GIGH5J5 .5?J9GI?F=N9 F98CJ=HCŨ?FD5B9űDF9?CBCB=AN58IU=J5B>9A8FU5J9?C8?CA9F7=>5@B=<65B5?5 (5F5JBC I;CJCF= C H5?J=A DCG@CJ=A5 I DF5J=@I G9 DCHD=GI>I I H5>BCGH= -?@5D5B>9CJ5?JC;HF5>B=>9;5F5BUA5B5G5,5=::9=G9B65B?CAI"FJ5HG?C>5I6=H=G5 B>9N=BCAA5H=BCA65B?CAIIGHF=>=CAC;I=@C>90@58=HF5>B=>9G9FJ=G=F5B>9H9?I9 DFCF5IBG?9@=?J=8BCGH==DF=?F=J5B>9GHJ5FB9:=B5B7=>G?9?F=N9FU5JBC;DFCF5IB5 =C >9CJCH=AJ=O9Ũ8C65Fű5F5BUA5BN5-5B589FCJI0@58I>9FI'5GH9F/;CJCFIG9B=;8>9 B=>9GDCA=B>5@50@585B9;CŨ?@=>9BHű=A9>965B?5FG?=AH9FA=BCADF=?F=J9BGHJ5FB= GI8=CB=?CJ5?J=<H5>B=<?F98=HB=<DCG@CJ5 '9¡IH=AIDC8I;CJCF=A5=5B9?GI;CJCF=A5?C>=A5GIG9I;CJ5F5@=DC>98=B= ?F98=H=DC>98=B=ADC8IN9=A5==GD@5H9B5DC>98=B9F5IB9B=>9G9AC;@CG5?F=H=B=H= DF=?F=H= GI8>9@CJ5B>9 0@589 ?C>5 >9 N5 H5?J9 5B9?G9 ACF5@5 =N85H= 8FU5JB5 >5AGHJ5 ?5C >5AGHJ9B5 GF98GHJ5 N5 CHD@5HI ?F98=H5 (5>DCIN85B=>= D5FHB9F= -5B589FCJC> 0@58=IDCHD=G=J5B>ICJ5?J=<5F5BUA5B56=@9GIIDF5J9=B58NCFB=C86CF=DC8IN95 IJ@5GB=OHJI8FU5J9?C>5GIG9I;@5JBCAB5@5N=@5DC8=NF5JB=AB58NCFCA"4CJ=< IDF5J5=@=B58NCFB=<C86CF5?5COHC>9HC6=C=G@I5>G5FC8CGD@=HCA
Z ÔÔ Austriji .F95?CF=GHN5"4CJIJ@5GH6=@5>9IHCA9OHCGIH5?J=H5>B=?F98=HB=5F5BUA5B= G65B?5A58C65F=NJCF;CHCJ=BG?=<:=B5B7=>G?=<GF98GH5J5 (5=A98C?IA9BH=I?5NI>I B5H9I?C>CA>9-5B589FCJ50@585=NJ@5=@5BCJ57B5=N8JC>9B9=H5>B9F5IB9 I IGHF=>= C8 CJ5?J=< ?F98=HB=< 5F5BUA5B5 ?C>9 >9 I H5>BCGH= DCHD=G=J5@5 G5 GHF5B=A 65B5?5A5 .5?CGI65B?9GDC8IN99A?C>9GI:CFA5@BC?F98=H=F5@9DCHD=G=J5@9DC8=GH=A F9;=GH5FG?=A 6FC>9A = 6FC>9A I;CJCF5 C ?F98=HI 8J5 F5N@==H5 ?F98=H5 HCB=>9 8J=>9 ?F98=HB9 =GD@5H9 DC >98BCA ?F98=HBCA I;CJCFI #GD@5H9 GI 6=@9 >98B5?=< =NBCG5 I G@I5>IFC8GD@=H5F58=@CG9C8J=>9=GD@5H9DC A=@=>IB55A9F=?=<8C@5F55@=>9I9O9 5IGHF=>G?965B?9IH98J=>9=GD@5H96=@CF5N@==HC (5=A9?C8=GD@5H9?F98=HB9@=B=>9?C>5 >9GHJ5FBCN5JFO=@5B5F5IB=A5FC8CGD@=H5I?IDB==NBCG?F98=H5=NBCG=C>9 A=@=>IB5 5A9F=?=<8C@5F55@=,5=::9=G9B@5B89G65B?=NIGHF=>9IHC>=GD@5H=GI8>9@I>9G5 ƨC? I?IDBC;=NBCG5HCB=>9G5A=@=>IB55A9F=?=<8C@5F5 %C88FI;9=GD@5H9II?IDBCA=NBCGIC8 A=@=>IB55A9F=?=<8C@5F5A5H=B5 65B?5 =N IGHF=>9 GI8>9@CJ5@5 >9 G5 5? ƨ C8 I?IDBC; =NBCG5 ?F98=H5 HCB=>9 G5
G
+(/0(*#&'
A=@=>IB55A9F=?=<8C@5F5 .58FI;5=GD@5H5N5JFO=@5>9B5H5>BCAF5IBIF9;=GHF=F5BCA B5DC8IN99FC8CGD@=HIIGHF=>=5BCJ57>9?5GB=>9HF5BG:9F=F5BB5HF99B9DCNB5H9C:: G5A58C?5NI>9==B>9B=7585G9C6>9CJ9=GD@5H9C8DC A=@=>IB55A9F=?=< 8C@5F5 JC89 DC8 >98B=A 6FC>9A I;CJCF5 C ?F98=HI = ŨDC?F=J9B=ű GI =GH=A >5AGHJCA DCHD=G5B / =A9 A5H=B965B?9IIGHF=>=CJ9GIHF5BG:9F9DCHD=G5@==F5IB9CHJCF=@='=7<59@-H9;AI@@9F ="9F69FH-7
Hrvatska narodna banka po nalogu Banskih dvora prikrila pranje novca 09GF98=BCA ;C8=B9N6C;DC?F9H5B>5=GHF5;9IIGHF=>=CAC;I9ADF5B>I BCJ75 ?FCN GIAB>=J9 ?F98=H9 DC8IN9=A5 I "FJ5HG?C> -5B589FCJ5 >9 0@585 B5 B9?= B5=B 6=@5 DF=G=@>9B5 I@H=A5H=JBC N59J5H= C8 "FJ5HG?9 B5FC8B9 65B?9 = ;IJ9FB9F5 W9@>?5,C<5H=BG?C;@9;5@=N57=>ICJ5?JC;DCG@CJ5B>5G565B?5A5I"FJ5HG?C>=GHF5B=A 65B?5A5ICJCAG@I5>I65B?CAIIGHF=>= .5?C >9 DC9H?CA @=DB>5 GJ5 8C?IA9BH57=>5 C CJ5?JCA AC89@I B9N5?CB=HC;?F98=H=F5B>5=N58IU=J5B>58FU5J98CGH5J@>9B5"FJ5HG?C>B5FC8BC>65B7= ?5?C6=G9=NB5O5CAC89@@9;5@=N57=>9CJ5?JC;DCG@CJ5B>5-5B589FCJ90@589=?5?C6= G9DF=?F=@CDF5B>9BCJ75?C>=>9B9N5?CB=HCHF5BG:9F=F5BB5H5>B9F5IB9=N?F98=HB=<@=B=>5 I;CJ5F5B=<IH5>BCGH=G5GHF5B=A65B?5A5 #D5?=N8CD=G5/DF5J9,5=::9=G9B65B?9 I "FJ5HG?C> "FJ5HG?C> B5FC8BC> 65B7= Ʃ"( F5NJ=8BC >9 ?5?C >9 H5 65B?5 = F5B=>9 C65J@>5@5CJ5?J9DCG@CJ9=N5DF9H9?5?CDFC=N@5N==N8CD=G5C8 @=DB>5 ;C8=B9F98CJ=HCID=G5BCAC6@=?I=NJ>9O=J5@59@B=?9"FJ5HG?9B5FC8B9 65B?9 /HCAD=GAI/DF5J55B?9JF@C89H5@>BCCD=GI>9DCG@CJ9=NCJ5?J=<I;CJCF5 A9¡IH=ADF98@5U9"(I85G9CJ5?J=I;CJCF=@5UBCF9;=GHF=F5>I?5CI;CJCF=CDFC85>= ?F98=HBC;F=N=?5GHF5BC>65B7=?5?C6=G9CD9HDF=?F=@5DF5J5DF=FC85==NJCF=N58IU=J5B>5 8FU5J9H9?5?C6=G9DF=?F=CH=>9?BCJ75ID5F5@9@B=A=GD@5H5A5DCCGBCJ=>98BC;H9 =GHC;G?@CD@>9BC;I;CJCF5C?F98=HI
`]Ó^dX¯ prikrivanja tajnih kreditnih transakcija Vlade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
G
!KI=CKF*=NCAPEÚ
j Ö ^dX¯ Ũ%5COHCGH9IDCNB5H=5B?5>9I ;C8=B=DFCJ9@58J=>9HF5BG5?7=>9DFC85>9 8=>9@55?H=J9ųDFC85>I=?F98=HB=F=N=?=NGJC;DCFH:9@>5=BCN9AB=A65B?5A5C9AI GAC05GC65J=>9GH=@=8CD=G=A5C8 J9@>59 ;C8=B9= CUI>?5 />98BC GAC N5HF5U=@= 85 B5G C65J=>9GH=H9 C GH5H=GH=?CA C6=@>9U5J5B>I CJ9 JFGH9 HF5BG5?7=>5 8CD=G=A5C8 = %5?CB5U5@CGH8C85B5GB9A5ACC8;CJCFB5?C>= B5=BC6=@>9U5J5H=DF=@>9JDCCGBCJ=DFC85>9C8BCGBCC8@>9JƩHF5BG:9FGF98GH5J5%ID7I DC CGBCJI B5D@5H9 ?F98=H5 DF=A>9B=@= GAC O=:FI CGBCJ5 = C HCA9 05G H5?C¡9F C65J=>9GH=@=ű GHC>= I D=GAI "(I ?C>9 GI I =A9 -9?HCF5 C8BCG5 G5 :=B5B7=>G?=< =BGH=HI7=>5A5,5=::9=G9B65B?9I"FJ5HG?C>DCHD=G5@= 9@==0 'IF5HCJ= #N 8CD=G5 >9 >5GBC J=8@>=JC 85 G9 B9 F58= C GH5B85F8B=A = IC6=5>9B=A HF5BG5?7=>5A5H985N5B>=9I?B>=;5A5?5C=F9;=GHF57=>II"(IB9 DCGHC>= DFCD=G5B5 DFC798IF5 B=H= B5=B GH5H=GH=?C; JC¡9B>5 FI;=A F=>9=A5 F58= G9 C GIAB>=J=A HF5BG5?7=>5A5 ?C>9 >9 65B?5 69N GI;@5GBCGH= "(5 DFC?B>=U5J5@5 ?5C ŨDFC85>I ?F98=HBC; F=N=?5 GHF5BC> 65B7=ű 5 G585 >9 D=GACA = G@IU69BC N5HF5U=@5 C8GF98=OB>965B?985@9;5@=N=F5H5?JCJC¡9B>9H=<HF5BG5?7=>5IDCG@CJB=A?B>=;5A5 65B?9=DF=>5J5A5?C>95B?5DC8BCG="(I
bÊ -I?@58BC H5?JCA 8C;CJCFI G DF98GH5JB=7=A5 0@589 = "(CA ,5=::9=G9B 65B?5 DF=>5J=@5 >9 I;CJCF9 C CJ5?J=A HF5BG5?7=>5A5 ?5C DFC85>I ?F98=HBC; F=N=?5 =BCN9ABC>65B7=OHC>9"(DCB5@C;I0@589=DF=9 GG9H -5@9 = HC I B5>>98BCGH5JB=>9A C6@=?I DCGH5C BCJ= DFC8I?HB59B>5GAC85>9B9CD5 BCJC; DFC8I?H5 / DF=@C;I CJC; 8CD=G5 8CGH5J@>5AC 05A 8C?IA9BH57=>I N5 BCJI HF5BG5?7=>I DFC85>9 ?F98=HBC; F=N=?5 ?C>I 5B?5 B5A>9F5J5 F95@=N=F5H= %5C = ?C8 DFJ9 8J=>9 HF5BG5?7=>9 DFCJC8= G9 B5 G@>989= B5=B *F98A9HDFC85>9>9DCGHC>9=?F98=H,ųC8BCGBC?F98=HB=F=N=? %IDCJB5 7=>9B5 I /, D@5H=J5 IN =GHCJF9A9B= DF=>9BCG DFC85BC; ?F98=HBC; F=N=?5=N6=@5B79,I6=@5B7I%ID75ų=BCN9AB965B?9 8A=B=GHF5H=JB=5;9BH,B5GH5J@>558A=B=GHF=F5H=?F98=HIJ@5GH=HC=A95N5 F5IB?ID75?5C?CA=G=CB=DCG5C / HF5BG5?7=>= B9 8C@5N= 8C 79G=>9 DCHF5U=J5B>5 H9 =N HC; F5N@C;5 8IUB=? DC ?F98=HIƩ8CA59DC8IN99B9A5CGBCJDC?C>9A6=?F98=HDF=>5J=C?5C?F98=HB=DCG5C G=BCN9AGHJCA>9F8CDFCA>9B90>9FCJB=?5B=>98CO@C #BGHFIA9BH=CG=;IF5B>5B5D@5H9CGH5>I?C88A=B=GHF5H=JBC;5;9BH5Ʃ,H9 IG@I5>I858IUB=?B9CHD@5I>9?F98=H;9BH5B;5U=F5=BGHFIA9BH9CG=;IF5B>5B5D@5H9 (5D@59B9=NBCG9DC?F98=HI;9BHHF5BG:9F=F5?ID7I 45 DCG@CJ9 58A=B=GHF5H=JBC; 5;9BH5 , B5D@5I>9 B5?B58I GI?@58BC /;CJCFIű
G
+(/0(*#&'
5? = I G@IU69BCA 8CD=GI "(I /DF5J5 , DF=NB5>9 AC89@ DF=?F=J5B>5 =BCN9ABC; N58IU=J5B>5 8FU5J9 = DCHJF¡I>9 ?5?C G9 H5?JCA H9CA @5UB9 DFC85>9?F98=HBC;F=N=?5=BCN9ABC>65B7==N6>9;5J5F9;=GHF57=>5CJ5?J=<HF5BG5?7=>5?5C ?F98=HBC;DCG@5G=BCN9AGHJCA %5?CI?5NI>I8C?IA9BH===NJCF==N5BG?=<8JCF5B5CJ5>G9B5=B-5B589FCJ5 0@585I=BCN9AGHJIN58IU=@5N5J=O9C8A=@=>5F8I9IF5
^Êl nezakonite transakcije CD=GCA C8 @=GHCD585 ;C8=B9 ?C>9;5 >9 '5F=>5 '=>5HCJ= $5?O= IDIH=@5 $58F5B?= !F5B= =BH9FB=A 8C;CJCFCA IBIH5F "(5 DF=9 AC89@ ?5?5JGIF5NF58=@=,=-5B589FCJ50@585H9>9C8@I9BC?5?C9G9H5?J9HF5BG5?7=>9 F9;=GHF=F5H= ?5C DFC85>5 ?F98=HBC; F=N=?5 =BCN9AB=A 65B?5A5 ?5?C 6= G9 =N6>9;@C ?B>=U9B>9H5?J=<DCG@CJ5?5C=NF5JBCN58IU=J5B>98FU5J9I=BCN9AGHJI (5H5>B5=B 8CD=GCA DC8 6FC>9A '*''$ "FJ5HG?5 B5FC8B5 65B?5 DF=?F=@5 >9 B9N5?CB=H9 0@58=B9 HF5BG5?7=>9 = DF9?CA>9FBC N58IU=J5B>9 8FU5J9 I =BCN9AGHJI ?5C = =@9;5@B9 :=B5B7=>G?9 HF5BG:9F9 I G?@CDI CJ5?J=< DCG@CJ5 B5 =N8JC>9B9 F5IB9 I =BCN9AGHJIDC8?CBHFC@CADC>98=B575=N0@589 FI;=A F=>9=A5 "( = 0@585 ?F=JCHJCF=@= GI DC85H?9 C GHJ5FBCA J5B>G?CA 8I;I "FJ5HG?9 5 ;CHCJC >9 = B9AC;I9 DF98J=8>9H= ?C@=?= >9 GHJ5FB= CDG9; CJ5?J=< :=B5B7=>G?=< HF5BG5?7=>5 -5B589FCJ9 0@589 %F5>9A GJ5 8C?IA9BH57=>5 C CJ=A DCG@CJ=A5 0@589 DFC;@5O9B5 >9 GHFC;C DCJ>9F@>=JCA 8FU5JBCA H5>BCA ?5?C 6= G9 DF=?F=C?F=A=B5@IJF
+KR=?Q)EDPAJĊP=FJLNA>=?ER=JLNAGK%ULK>=JGA C?IA9BH57=>5 ?C>5 8C?5NI>9 DF5B>9 BCJ75 CD@>5?5BC; =N "FJ5HG?9 DF9?C "MDC 65B?9 I "FJ5HG?C> = %@5;9B:IFHI G5?F=J9B5 >9 DC8 CNB5?CA ŨG@IU69B5 H5>B5ű I ?56=B9H=A5 "4CJC; DF9A=>9F5 #J9 -5B589F5 = A=B=GHF5 :=B5B7=>5 #J5B5 VI?9F5 /DF5JC B>=< 8JC>=75 G?F=J5>I ?@>IB9 A5H9F=>5@B9 8C?5N9 ?C>= 6= AC;@= DF98GH5J@>5H= ;@5JB=HF5;BCJ75?C>=>9 =<;C8=B5=NBCO9B=N"FJ5HG?9B5H5>B9F5IB9IIGHF=>= 856=DCHCAG5F5IB5IIGHF=>=CHJCF9B=<I;@5JBCAI"MDC65B7=%@5;9B:IFH6=@= DF9659B=B5H5>B9F5IB9I&=BI -5DCGHC>5B>9ACJ9H5>B98C?IA9BH57=>9HNJ ŨCGG=9F5"MDCűIDCNB5H>9DF=>9 J=O9C8DC@5;C8=B9=;@5JB=8FU5JB=C8J>9HB=?'@589B5>=?C>=B=>9I=B=CB=OH5?5?C 6==GHF5U=CDF5B>9BCJ75DF9?C"MDC65B?9I"FJ5HG?C>=IGHF=>=
G
!KI=CKF*=NCAPEÚ
f^z*0 !C8=B9 G5ACI"MDC65B7=I"FJ5HG?C>6=@C>9F9;=GHF=F5BC5GHFCBCAG?=< A=@=>5F89A=@=>IB5H=GI5 9IF5H5?J=<GIAB>=J=<HF5BG5?7=>5G?F=J9B=< =N5:CFA9ŨH5>B=<I8>9@5I?F98=HB=ADCG@CJ=A5ű=NA9¡I"MDC@D98F=55B?9I "FJ5HG?C> = "MDC 65B?9 %@5;9B:IFH I IGHF=>= )8 ?I85 HC@=?= =NBCG= =BH9FB=< H5>B=< ?F98=H5=NA9¡IHNJ 65B?9A5H=79=65B?9?9F= )8;CJCF>9N5DF5JCJF@C>98BCGH5J5B (CJ57>9=NJ9@=?=<>5JB=<DC8IN95?5C = =N FU5JBC; DFCF5IB5 DFJC DF9657=J5B B5 H5>B9 F5IB9 ?C8 DCG@CJB=< 65B5?5 I "FJ5HG?C> C8 ?C>=< >9 ACU85 B5>6C@>= DF=A>9F *F=JF98B9 65B?9 45;F96 = 45;F965?9 65B?9 ?C8 ?C>=< GI B5>9O9 CHJ5F5B= H5?J= H5>B= F5IB= B5 ?C>9 >9 DC@5;5B BCJ57 =NJI9BG5F5NB=<F5IB5IN9A@>= -5 H5>B=< F5IB5 ?C8 DCG@CJB=< 65B5?5 I "FJ5HG?C> BCJ57 >9 DF9657=J5B B5 H5>B9F5IB9?C8"MDC65B?9%@5;9B:IFH;8>9GICJ@5OH9B=7=DCHD=G5B5H5?J=AH5>B=A F5IB=A56=@=DCG96BCC856F5B===A9BCJ5B=DCJ>9F9B=7= (>=9N58556=@5BCJ57 G5H5?J=<F5IB5DF9657=H=B5F5IB9IHF9=AN9A5@>5A5C8?C>=<GIB9?=F5IB=6=@= =I&=BI;8>9>9DF9659BC5?C?CDCGHCBCJ75G5H5>B=<F5IB5?C8"MDC 65B?9%@5;9B:IFH
jÔa =CBCJ75=D5?>9DC@CU9BB5DCJ>9F9B=?9F5IB9?C8"MDC65B?9%@5;9:IFH 856=;5H5=GH565B?5DCC8C6F9B>IDCJ>9F9B=?5?C>=GI6=@=CJ@5OH9B=7=B5H=AH5>B=A F5IB=A5D@5G=F5@5?5CH5>B9I8>9@9I?F98=H=A5I"FJ5HG?C>DFJC=NF5JBCC8BCGBC DF9?C DCGF98B=?5 5 B5?CB CGB=J5B>5 "MDC @D9 8F=5 65B?9 H5?J9 GI HF5BG5?7=>9 JFO9B9DF9?C"MDC65B?9I"FJ5HG?C> 5G9F58=I=GH=BICDFC>9?H=F5BCADF5B>IBCJ75C8BCGBC85>9"MDC@D98F=5 65B?5=G?@>I=JCI:IB?7=>=DF5B>5BCJ75CD@>5?5BC;=N"FJ5HG?98C?5NI>9==B>9B=75 85GICJ5?J9HF5BG5?7=>9==NJCF==NCJ5?J=<HF5BG5?7=>5I>98BC=J9=BG?==NJCF?5D=H5@5 "MDC@D98F=55B?9I"FJ5HG?C>?C>5DF5?H=?=CG=AGF98GH5J5G5H5>B=<=BCN9AB=< F5IB5?C>9D@5G=F5I"FJ5HG?C>DF9?CH5>B=<I;CJCF5C?F98=H=F5B>IDF9?C"MDC65B?9 %@5;9B:IFHB=H=B9A5J@5GH=H=<:=B5B7=>G?=<GF98GH5J5D@5G=F5B=<I=BJ9GH=7=>G?9DFC>9?H9 I"FJ5HG?C>
j Ô .F5BG5?7=>9?C>=A56=G9CD@>5?5B=BCJ57=N"FJ5HG?9G5H5>B=<F5IB5I"MDC 65B7=%@5;9B:IFHJF55CI=BJ9GH=7=>G?9DCG@CJ9I"FJ5HG?C>DF=?5N=J5B9GI?5C=BH9FB= ?F98=H="MDC65B?9%@5;9B:IFH"MDC@D98F=55B7=I"FJ5HG?C> .96=8J=>965B?9 H5?CDCHD=G=J5@9H5>B9I;CJCF9CH5>B=AI8>9@=A5I?F98=HB=ADCG@CJ=A5I"FJ5HG?C> CFA5@BC BCJ57 ?C>= 6= G9 H5?C ŨDF5Cű CJ5?J=A ?F98=HB=A DCG@CJ=A5 DF=?5N=J5B >9 ?5CIC6=5>9B=?F98=HB=DCG5C"MDC65B?9I45;F96IDF9A5DCG@CJB=A?CA=H9BH=A5 65B?9 '9¡IH=A=N5?F98=HBC;DCG@5?F=C6=G9H5>B=I;CJCFCH5>BCA?F98=H=F5B>IG5 H5>B=<F5IB5I"MDC65B7=I%@5;9B:IFHI
G
+(/0(*#&'
)JC I>98BC DF98GH5J@>5 = B5>IGH5@>9B=>= B5=B DF5B>5 BCJ75 G5 H5>B=< F5IB5 I =BCN9AGHJIDF9?C:=?H=JB=<=BJ9GH=7=>5I"FJ5HG?C> /DF5JCGICJ5?J=A?F=A=B5@B=AAC89@CAB9?=DCNB5H=6=JO=DC@=H=5F=8C6=@= B9J>9FC>5HBC J=GC?9 ?F98=H9 N5 GJC>9 DCG@CJB9 DFC>9?H9 ?C8 "MDC @D9 8F=5 5B?9 I "FJ5HG?C> /GHJ5F= F58=@C G9 C DF5B>I BCJ75 ?C>= >9 =< ;C8=B5 CD@>5?5B =N "FJ5HG?9=DF9659BI=BCN9AGHJC
j pWXW1^¯b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
dÔpWX_Ôb^X banci .5?C>9BCJ57D C=J5BB5H5>B=AF5IB=A5?C84 5;F965?965B?9DF9657=J5B "MDC65B7=I%@5;9B:IFHI856=DCHCAB5H9A9@>ICJ@5OH9B>5CDIBCAC9B=<CGC65 ?C>=A5>9DIBCAC=DCHD=G5C F5B>C&I?CJ=BCJ576=CDF9659BB5H5>B9F5IB9?C8 &"65B?9 .5>6=G9BCJ57=N&"65B?9=G?@>I=JCDCBCJBCD@5G=F5CI"FJ5HG?I?FCN :=?H=JB9 =BJ9GH=7=>G?9 ?F98=H9 "MDC 65B?9 (5=A9 &" F5B?:IFH 6= DCHD=G5@5 H5>B9 I;CJCF9C?F98=H=F5B>I"MDC65B?9I"FJ5HG?C>B5H9A9@>I?C>=<6=D@5G=F5@5GF98GHJ5 G5H5>B=<F5IB5I&"65B7=DF9?C?F98=H5"MDC65B?9I"FJ5HG?C>
jÔ Ë '9¡IH=A HF5; DF9?C H5>B=< F5IB5 I &" 65B7= I F5?:IFHI JC8= = B5 HF5; CD@>5?5BC; BCJ75 =N GH5F9 89J=NB9 OH98B>9 I ?C>C> GI N5>98BC GI8>9@CJ5@= 45;F96 9C;F58=&>I6@>5B5 (5=A9IDF5JC>9DF9?C45;F965?9=&>I6@>5BG?965B?9B9GH5C J9=8=CBCJ75C8GH5F989J=NB9OH98B>9;F5¡5B5 C?5N=D5?I?5NI>IB5HC85G9F58=@C CN5>98B=?C>:=B5B7=>G?C>CD9F57=>=?C>IGIIG?@58=@9IDF5J945;F965?9=&>I6@>5BG?9 65B?9 (CJ57>9I?CB5B=7=N5JFO=CB5H5>B=AF5IB=A5?C8&"65B?9I F5B?:IFHI I?C>C>GIN5>98B=?=GIJ@5GB=7==(CJ5&>I6@>5BG?565B?5=45;F965?565B?5IDF5JC B5H9A9@>I;CHCJ=BG?=<=NBCG5C8CD@>5?5B9GH5F989J=NB9OH98B>9
G
!KI=CKF*=NCAPEÚ
Tajne kredite koristila i hrvatska Vlada uz posredovanje Sanadera i ]Ó C?IA9BH57=>I C CJ=A HF5BG5?7=>5A5 ?C>I DCG>98I>9 >CO C8 ?F5>5 ;C8=B9 5 = B5?CB 9 GHFC;C DCJ>9F@>=JCA IDF5JC =N F5N@C;5 OHC >9 = 9@CJ5C I B9N5?CB=H=A ?F=A=B5@B=A :=B5B7=>G?=A65B?5FG?=ACD9F57=>5A5DF9?C"MDC65B?9%@5;9B:IFH=B>9N=B965B?9 ?9F= I "FJ5HG?C> DCGHC>9 B5=A9 8C?5N= C HCA9 ?5?C >9 = G5A5 0@585 IN CGC6BC = H5>BCDCGF98CJ5B>9#J9-5B589F5='5H9!F5B=5Ʃ?C>=GI6=@=DCJ>9F9B=7="MDC65B?9 %@5;9B:IFH?CF=GH=@5?F98=H9N5?C>9GI?CF=OH9B5GF98GHJ5G5H5>B=<F5IB5?C8"MDC 65B?9 %@5;9B:IFH C8BCGBC BCJ57 CD@>5?5B = =NB9G9B =N "FJ5HG?9 B5 H5>B9 F5IB9 I IGHF=>= "FJ5HG?5>90@585?CF=GH=@5B9?C@=?CH5?J=<H5>B=<?F98=H5>COGF98=BCA =< ;C8=B555F5BUA5B9G"MDC65B?CAIH5>BCGH=GI8C;CJ5F5@=85B5OB>=DF9A=>9F#JC -5B589F=B>9;CJDF=>5H9@>'5H9!F5B=
XÓ Ë /DF5JC N6C; DCJ>9F9B=?C; C8BCG5 85B5OB>9; DF9A=>9F5 -5B589F5 = "MDC 65B?9 %@5;9B:IFH = DF=?F=J5>I CF;5B=N=F5B= 65B?5FG?= ?F=A=B5@ I "MDC 65B7= I "FJ5HG?C> = B9 DC?F9I N5?CBCA DF98J=¡9B9 A>9F9 N6C; DF5B>5BCJ75CD@>5?5BC;=N"FJ5HG?9=DF9659BC;B5H5>B9F5IB9?C8"MDC65B?9I IGHF=>= $98BC>9G=;IFBC #5?C;@5JB=8FU5JB=C8J>9HB=?'@589B5>=89?@5F5H=JBCHJF8=?5?CU9@=F5NCH?F=H= H5>BI C?C DF5B>5 BCJ75 CD@>5?5BC; =N "FJ5HG?9 DF9?C H5>B=< F5IB5 I =BCN9AGHJI IDF5JCCBNB5N5DC85H?9CHF5;ICD@>5?5BC;BCJ75DF9?C"MDC65B?95@=CHCAI OIH=>9FHCC8B>9;5N59J5#JC-5B589F=J@585>I5DC@=H=?59@=H5?C>5>9IA=>9O5B5I CF;5B=N=F5B=:=B5B7=>G?=?F=A=B5@DF5B>5BCJ75DF9?CH5>B=<GHF5B=<F5IB5 IDF5JC >9 "MDC 65B?5 ?@>I N5 J9@=?I D@>5?I "FJ5HG?9 =< ;C8=B5 =B5B7=>G?=HF5BG:9F=DF9?CH5>B=<F5IB5I"MDC65B7=G?F=J5>I=GH=BICBCJ7I?C>9;>9 DC@=H=?59@=H5=NB=>9@5=N"FJ5HG?9=DCB=AF5IB=A5I=BCN9AGHJI =B= G9A9¡IH=A?5?C5>=CHCA9GJ9NB5=OIH= (5=A9 >CO C8 FI>B5 ;C8=B9 '@589B 5>= =A5 I DCG>98I DCD=G 8C?IA9BH57=>9=8C?5N5CCF;5B=N=F5BCA65B?5FG?CA?F=A=B5@II"MDC65B7=5@=;5 H5=GH=B5CD@>5?="FJ5HG?9>98BCGH5JBCB9N5B=A5 )8DC@=H=?99@=H98C6=C>9B5@C; DF=?F=H=HF5;CJ9=N5OH=H=H=DC=B=H9@>9
G
+(/0(*#&'
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¡I"MDC65B?9I"FJ5HG?C> ="MDC65B?9%@5;9B:IFH .5>B=DC85H7=CGH5B>I=BCN9ABC;N58IU9B>5"MDC65B?9 *CJ>9F@>=J=DCD=GGJ=<N58IU9B>5"MDC65B?9 C?IA9B57=>58C?5NI>985GIN5?F=A=B5@=DF5B>9BCJ75I"MDC65B7=NB5@=A=B=GH5F #J5B VI?9F = DF9A=>9F #JC -5B589F ?C>= = 85B5G DF=?F=J5>I HI 8C?IA9BH57=>I C ?F=A=B5@I=DF5B>IBCJ75I"MDC65B7= *CD=G GJ=< H5>B=< F5IB5 = 89DCN=H5 "MDC 65B?9 %@5;9B:IFH ?C8 "MDC 65B?9 "FJ5HG?5
G
!KI=CKF*=NCAPEÚ
)D=G = 8C?IA9BH= C B9N5?CB=HCA B5=BI 8C?5D=H5@=N57=>9 "MDC 65B?9 =A9 GI JFO9B9CD9F57=>9DF5B>5BCJ75 *CJ>9F@>=J=DCD=GGJ=<DCJ9N5B=<DF5JB=<CGC65"MDC65B?9I"FJ5HG?C>=HF5BG:9F= BCJ75=NA9¡IH=<DCJ9N5B=<DC8IN95 C?IA9BH=CGH5B>IF5IB5"MDC65B?9"FJ5HG?5I=BCN9AGHJI *CJ>9F@>=J=DC85H7=C89DCN=H=A5"MDC65B?9B5=BCN9AB=AF5IB=A5 *CJ>9F@>=J58C?IA9BH57=>5C?F98=HB=ADCG@CJ=A5"MDC65B?9G5=BCN9AGHJCA *CJ>9F@>=J= DCD=G GJ=< ?F5H?CFCB=< F9JC@J=B; ?F98=HB=< @=B=>5 =N =BCN9AGHJ5 DF9?C "MDC65B?9 *CJ>9F@>=J=I;CJCF=C=BCN9AB=A?F98=H=A5G?@5D5B==NA9¡I0@589,"="MDC65B?9 %@5;9B:IFH C?IA9BH=CHF5BG:9F=A5N50@58I,"DF9?C*F=JF98B965B?945;F96 *CJ>9F@>=J58C?IA9BH57=>5C?F=A=B5@I=DF5B>IBCJ75"MDC65B?9DF9?C-@5JCBG?9 65B?9)G=>9? *CJ>9F@>=J58C?IA9BH57=>5C?IDB>=5@A5H=BG?965B?9DF9?CC::G5GI85J5@5J9@=?9;CHCJ=BG?9?F98=H9>98BCADC8IN9II45;F96I
&RK0=J=@ANFACK@EJAN=OLKH=C=KONA@OPREI= JAV=GKJEPKCGNA@EP=%ULK>=JGA Prilog za dopunu podataka imovinske kartice hrvatskog premijera C?IA9BH57=>5 ?C>CA F5GDC@5U9A 8C?5NI>9 IA=>9O5BCGH "4CJ5 DF9A=>9F5 #J9-5B589F5IHF9BIHBCB5>J9I:=B5B7=>G?I5:9FII"FJ5HG?C>ų5:9FIDF5B>5BCJ75I GIGH5JIDC8IN95=65B5?5"MDC@D98F=565B?9=NIGHF=>9 *C9H?CA89J989G9H=<;C8=B5H5>965B?5?F9BI@5IDFC>9?HJ9@=?=<:=B5B7=>G?=< D@5GA5B5I"FJ5HG?C>A9¡IH=A?5?CH585B=>9=A5@5GJC>9DCG@CJB=79B=H=DC8IN95 B=H= 65B?9 ?9F= I "FJ5HG?C> H5> GI DCG5C C8F5¡=J5@= DCJ>9F9B=7= "MDC 65B?9 ?C>= GI =A5@= CJ@5OH9B>5 "MD=7=B9 79BHF5@9 I %@5;9B:IFHI N5 DFCB5@5U9B>9 =BJ9GH=7=>G?=< DFC>9?5H5I?C>96=H565B?5D@5G=F5@5GJC>5?F98=HB5GF98GHJ5 0F=>9A9 >9 DC?5N5@C ?5?C GI H= DCJ>9F9B=7= 6=@= JF@C 6@=G?= C8F9¡9B=A H9985BC8ŨDF=>5H9@>5?I9ű?5?CGI;59GHC B5N=J5@=I"MDC65B7==>985BC8;@5JB=<DCJ>9F9B=?5DCG@CJBC;GIGH5J5"MC65B?9I "FJ5HG?C>DCGH5C>9H585OB>=N5A>9B=?A=B=GHF5J5B>G?=<DCG@CJ5,9DI6@=?9"FJ5HG?95 85B5OB>=DF9A=>9F0@589#JC-5B589F
G
+(/0(*#&'
eÔ ^1Ô^ '9¡IH=A8C?IA9BH57=>5?C>CAF5GDC@5U9A8C?5NI>9=DCF=>9?@CBCJ75?C>9;>9 "MDC65B?5=N%@5;9B:IFH5Ũ=BJ9GH=F5@5űI"FJ5HG?I?FCN?F98=HB9D@5GA5B95?5GB=>9= ?FCNŨ=BJ9GH=7=>9űI8J=>965B?9I"FJ5HG?C>"MDC65B?I=-@5JCBG?I65B?I (5=A9 BCJ57 ?C>= >9 DC9H?CA 89J989G9H=< ;C8=B5 8J589G9HC;5 GHC@>95 DF9657=J5B=N"FJ5HG?9B5H5>B9F5IB9I=BCN9AGHJIN5JFO5J5C>9B5H5>B=AF5IB=A5 ?C85IGHF=>G?9"MDC65B?9=>=>9>985BC8;@5JB=<DCJ>9F9B=?5I"FJ5HG?C>6=CIDF5JC 85B5OB>=DF9A=>9F#JC-5B589F %5?C6=G9CD@>5?5B=BCJ57=N"FJ5HG?9OHC6C@>9ŨCDF5Cű -5B589F=B>9;CJ=5IGHF=>G?=D5FHB9F=CGA=G@=@=GIDFC>9?H=BJ9GH=7=>5I"FJ5HG?C> *@5G=F5>I= ?F98=HB5 GF98GHJ5 I "FJ5HG?I 5 DCG96BC 85J5B>9A H5>B=< ?F98=H5 0@58=ƩDF9?C#J9-5B589F5H585OB>9;DCACB=?5A=B=GHF5J5B>G?=<DCG@CJ5 '5H9!F5B=5A=B=GHF5J5B>G?=<DCG@CJ5=CU9*F?9H585A=B=GHF5:=B5B7=>55IGHF=>G?5 "MDC 65B?5 ŨDF5@5ű >9 N5DF5JC BCJ57 CD@>5?5B =N "FJ5HG?9 .5?C >9 "FJ5HG?5 N5DF5JCN58IU=J5B5J@5GH=H=ABCJ79A?C>=>9DF9HB9F5IB9 =NB=>9@5DC@=H=?59@=H5DF9?CDCJ>9F9B=?5#J9-5B589F5 CGG=9F"MDC8C?5NI>9H5?JI ?F=A=B5@BIGDF9;I-5B589F5="MDC65B?9H969NGIAB>98C?5NI>9?5?C>9#JC-5B589F DCAC;5CIGHF=>5B7=A5IDF=?F=J5B>IA9¡IB5FC8B95:9F9DF5B>5BCJ75DF9?C"MDC 65B?9
Istraga u austrijskom parlamentu %585 >9 DF=>9 B9?C@=?C A>9G97= 5IGHF=>G?= D5F@5A9BH DC?F9BIC =GHF5;I = G5G@IO5B>5 C DCG@CJ5B>I "MDC 65B?9 I "FJ5HG?C> DCBI8=C G5A =A ?5C =GHF5U=J5?= BCJ=B5F7>9@C?IDB=CGG=9F"MDC '9¡IH=AN6C;J=O=<DC@=H=?=<7=@>9J55IGHF=>G?=GI D5F@5A9BH5F7=CGH5@=DCHDIBCB9N5=BH9F9G=F5B=N58C?IA9BH57=>I (>=9D5F@5A9BH5FB5=GHF5;5=A5@5>985B>98=B=7=@>N5OH=H=H="MDC65B?I I IGHF=>= C8 85@>B>=< =GHF5;5 = DFC8I6@>5J5B>5 ?F=N9 C?C A9¡IB5FC8B9 5:9F9 DF5B>5 BCJ75 -5B589F >9 HCA DF=@=?CA IJ>9F5J5C GJC>9 5IGHF=>G?9 DF=>5H9@>9 CGC6=HC CB9 B5 9@I 5IGHF=>G?9 "MDC 65B?9 ?5?C CGG=9F "MDC B= DC ?C>I 7=>9BI B99 =N5= =N B>9;CJ90@589H9>97=>9@=G@I5>DFC;@5O9BB5>GHFCUCAH5>BCA"4CJ958A=B=GHF57=>9 C?IA9BH=GIG?F=J9B=N5D959B=5-5B589F>96=CIJ>9F9B?5?CB=H?CB=>98CO5C8C H=<8C?IA9B5H5
d ÊÊ VHC >9 -5B589F DC?IO5C G5?F=H= / 9AI >9 H5>B5 CGG=9F5 "MDC N6C; ?C>9 -5B589FCJ558A=B=GHF57=>5DC?IO5J5G5?F=H=89H5@>9H95:9F9/9AI>9H5>B5C8BCG5 "MDC65B?9=IDCJC@>B=>IDCN=7=>IB5HFU=OHI"MDC65B?5I%@5;9B:IFHI B5GHC>5@5>9=GDCG@CJ5H=DCG96BIDCN=7=>IJ>9FCJB=?59INDCAC #J9-5B589F5'5H9!F5B=5=CU9*F?9"MDC65B?5IGD>9@5I=IH5>B=?FI;?F98=HCF5 8FU5JB958A=B=GHF57=>9 .5?J=GIG9?F98=H=0@58=C8C6F5J5@==BH9FBCH=>9?CA ;C8=B9CHCAIB=>96=@C>5JB=<B5H>95>5B=H=C8C6F9B>5"FJ5HG?C;G56CF5N5H5?J5 N58IU=J5B>5 5 BCJ79A ?C>= 6= "MDC 65B?5 ID@5=J5@5 B5 DCG965B =N8JC>9B= F5IB
G
!KI=CKF*=NCAPEÚ
'=B=H5FGHJ5:=B5B7=>5?C>9;>9CHJCF=CCUC*F?5?5CH585OB>=A=B=GH5FF5GDC@5;5C>9 DC*F?=BCACJ@5OH9B>I=DIBCAC=CGC6BC==G?@>I=JC#JC-5B589F />98BCAHF9BIH?I =NBCG GF98GH5J5 B5 F5IB=A5 ?C>=A5 >9 F5GDC@5;5C -5B589F DF9@5N=C >9 85B5OB>I DFCHIJF=>98BCGH A=@=>IB5 9IF5 45 HFCO9B>9 HC;5 BCJ75 -5B589F B=?585 = B=?CA9 B=>9ACF5CDC@5;5H=F5IB95B>9;CJIGII@C;IGJC>9JFGBC;D9F55HC;BCJ75DC?F=J5@= H585OB>=A=B=GH5FJ5B>G?=<DCG@CJ5=:CFA5@BC-5B589FCJO9:!F5B==H585OB>=A=B=GH5F :=B5B7=>5*F?5 *CHF96BC>9B5DCA9BIH=?5?CDF=@=?CAN5?@>I=J5B>5H5?J=<?F98=HB=<5F5BUA5B5 H585OB>= "4CJ H957 B=>9 DCOH=J5C N5?CBCA DF98J=¡9BI DFC798IFI?C>5G9IC6=5>9BCDFCJC8=@5?C8?F98=HBC;N58IU=J5B>58FU5J9DCG96BC ?C8 =BCN9ABC; N58IU=J5B>5 0F=>9A9 9 DC?5N5H= 85 >9 I ?5GB=>=A ;C8=B5A5 "MDC 65B?5 DCGH5@5 >985B C8 B5>J9=< =BCN9AB=< J>9FCJB=?5 J9=J>9FCJB=??C>9AIGI6=@5=N85B58FU5JB5>5AGHJ5N5?F98=H9IJF=>98BCGH=GHCH=B5 A=@=>IB59IF5
jÔ ^ c )6N=FCA85>9BCJ57:CFA5@BCN58IU=J5@C'=B=GH5FGHJC:=B5B7=>5=85GII;CJCF= 6=@=DCHD=G5B==NA9¡I8FU5J9=DCG@CJB965B?9=NIGHF=>9HFC>57-5B589Fų!F5B=ų *F?5 ACF5C >9 CGA=G@=H= = B5=B ?5?C H5> BCJ57 CDF5H= = DF9657=H= B5 DF=J5HB9 F5IB9 CFAI@I GI =NB5O@= !F5B= = -5B589F ?C>= I HCA HF9BIH?I C8C6F5J5>I ?IDB>I N;F585 9HI CFA5@BC 9 G9 H5> BCJ57 HFCO=H= N5 ?IDB>I J9@9DCG@5BGH5J5 5 ?FCN =GD@5H9 DFCJ=N=>5 B5 HF99 H5>B9 F5IB9 HFC>57 9 G96= CG=;IF5H= DCDF=@=BI :=B5B7=>G?I 8C6=H 69N =?5?J=< N5?CBG?C ?5NB9B=< DCG@>98=75 =@= AC;IBCGH=85G9F5NCH?F=>9B>=5?9BCJ75N5?C>=GIN58IU=@= 8FU5JI C?F5>5 ;C8=B97=>9@5>9CD9F57=>56=@5N5JFO9B5
Z^1ËÔ^ (5?CB HC;5 "MDC 65B?5 DF9O@5 >9 B5 8FI;9 :=B5B7=>G?9 CD9F57=>9 ?C>=A5 G9 ŨDF5Cű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
G
+(/0(*#&'
ĽQOPNEFOG=P=FJ=ļġ0=J=@ANĽG=I=P=NEKļV=%ULK>=JGQ IFCDG?= IF98 N5 ?CBHFC@I :=B5B7=>G?=< HF5BG5?7=>5 C8BCGBC IF98 ?C>= G9 65J=GIN6=>5B>9ADF5B>5BCJ75DF9IN9C>9=GHF5;ICDF5B>IBCJ75I5IGHF=>G?C>"MDC 65B7= HCB=>9 I 65B7= I IGHF=>= = B>= Ũ?9F= 65B7=ű I "FJ5HG?C> *F=>9 89G9H5? 85B5 I "FJ5HG?I >9 DF=GH=;@C COHFC DFCGJ>98BC D=GAC ?C>9 G9 C8BCG= B5 DF=?F=J5B>9 8C?IA9BH57=>9 C DF5B>I BCJ75 I DCG@CJBCA GIGH5JI "MDC @D9 8F=5 65B?9 I "FJ5HG?C>59IFCDG?5=BGH=HI7=>5N5GDF=>95J5B>9DF5B>5BCJ75>98B5?C?5C=5IGHF=>G?C '=B=GH5FGHJC:=B5B7=>5GA5HF5?5?C>99O5B5IDF=?F=J5B>9 DF5B>5BCJ75I"MDC65B7=
Kriminal u Hypo banci povezan sa hrvatskom Vladom IGHF=>G?= GHFIB>57= N5 GDF=>95J5B>9 DF5B>5 BCJ75 GA5HF5>I B5=A9 ?5?C >9 CD9F57=>5DF5B>5BCJ75=:=B5B7=>G?=<A5@J9FN57=>5I"MDC@D98F=565B7=6=@CB5>IU9 DCJ9N5BC G5 G5A=A JF=J=< HF5BG5?7=>5 C8BCG= G9 IDF5JCB5H5>B9:=B5B7=>G?9I;CJCF9'=B=GH5FGHJ5:=B5B7=>5G5"MDC65B?CA *F9A5 DC85H7=A5 ?C>=A5 F5GDC@5UI IGHF=>5B7= 5G@IU=@CG9B5B9HF5BGD5F9BH5BB5=BDF9?CBCB=A?F98=H=A5=?F5H?CFCB=A DCN5>A=75A5?C>9GII;CJ5F5@=G5"MDC65B?CA5H9GII;CJCF9I;@5JBCADFC;@5O5J5@= ŨGHFC;C DCJ>9F@>=J=A5ű ?5?C 6= GDF=>9=@= B>=9ű I >5JBCGH #D5? B=>9 G9 AC;5C DF=?F=H= :=B5B7=>G?= H=>9? 89G9H5?5 A=@=>IB5 Ũ7FB=<ű 9IF5 ?C>9 >9 JC8GHJC "MDC 65B?9ŨDF5@CűI:=B5B7=>G?=ACD9F57=>5A5G55 ?C>CA F5GDC@5UI 5IGHF=>G?= =GHF5U=H9@>= 5 ?C>I GI GH5J=@= B5 F5GDC@5;5B>9=DF98GH5JB=7=A5IFCDG?9?CA=G=>9C6I9H=GI9GHFC;C DCJ>9F@>=J=< 8C?IA9B5H5 ?C>= I?5NI>I B5 GIAB>=J9 DCG@CJ9
Tajna Sanaderova „poslovnog uspjeha“ -5B589FCJ5 D5? J9N5 G5 HCA :=B5B7=>G?CA ?ICA G9U9 I 85JB9 89J989G9H9 ;C8=B9?585>9IDF5JC-5B589F6=C>985BC8DCJ>9F9B=?5"MDC65B?9N5"FJ5HG?I= DF9A5 CJ@5OH9B>I "MDC 65B?9 F5GDC@5;5C >9 89G9H7=A5 A=@=>IB5 B>9A5?=< A5F5?5 GF98GH5J5N5D@5G=F5B>9?F98=H5DC"FJ5HG?C> -5B589F6=B5@5N=CŨDFC>9?H9űI?C>96= G9Ũ=BJ9GH=F5@Cű5N5INJF5H>98C6=J5CI;CHCJ=B=DCN5A5OB9=NBCG9?5CDFCJ=N=>IŨB5 FI?9űC8/DF5J9"MDC65B?9IIGHF=>= /DF5JC-5B589FCJ5J9N5G5"MDC65B?CA=9@B=A@>I8=A5H9BCJ5FG?9?I9 CH?F=J5H5>BIDF9A=>9FCJ5ŨDCG@CJBC;IGD>9<5űIIGHF=>=?C>=AI>9CB85CAC;I=C B9N5B9A5F=JI :=B5B7=>G?I IOH9¡9J=BI I 89J=N5A5 (9 F58= G9 C N5?CB=HCA DCG@I (9;CCDCG@CJ5B>I?C>96=G9DC9Aű
G
!KI=CKF*=NCAPEÚ
=@=@=9B=?CA#JC-5B589F?5A5H5F=C>9N5"MDC65B?I
WÊÓ Sanadera (5HF5;I8C?IA9BH57=>9?C>CAF5GDC@5UI=DC85H5?5C-5B589FCJ=ADCG@CJB=A J9N5A5G5/DF5JCA"MDC65B?95IGHF=>G?=GI=GHF5U=H9@>=DC?F9BI@=N5G5858=G?F9HBI =GHF5;ICDCF9NB=AIH5>5A5IH5?JCADCG@CJ5B>I"MDC65B?9IIGHF=>=I?C>9>96=C I?@>I9B=G585OB>=9F /?C@=?CG9IHJF8=85>9DC=B=CH5?JC?5NB9BC 8>9@CIIGHF=>=-5B589F9G5GJ=AG=;IFBC6=H=DCNJ5BDF985IGHF=>G?C;=GHF5UBC;GI875 ?C>=DF9INA9=GHF5;IC7=>9@CAG@I5>I
iÔi1^^Zp¯ /DF5JC>9CJ5>G@I5>8CJ9@C8CB5;@9DFCA>9B9GH5>5@=OH59IFCDG?96=FC?F57=>9= A9¡IB5FC8B=<:=B5B7=>G?=<?FI;CJ5DF9A50@58=#J9-5B589F5="45 /A=>9O5BCGH 9F5I>98BIC8HF9BIHBCB5>J9=<A9¡IB5FC8B=<5:9F5DF5B>5BCJ75 =:=B5B7=>G?=<A5@J9FN57=>5AC;@56=8CJ9GH=8CG@CA5-5J9N5N5IFCDII"FJ5HG?CA G56CFI )G=A HC;5 -5B589F 6= AC;5C G@=>98=H= DCI5? B9?585OB>9; A=B=GHF5 "9F5?5 .5?C6=DC=GH9?IA5B85H5#JI-5B589F5=GDF985BG?=<8JCF5AC;5CG59?5H=BCJ= JCN5=5IHCų=BH9FJ9BHB=DC@=75>57G5I<=H69B=AB5@C;CA=DC@=7=>G?5ŨA5F=75ű?C>CA 9;5DF9DF5H=H=I9?G?@IN=JBIF9N=89B7=>II,9A9H=B7I -5B589FIG5HCH?I75J5DIBC 6FU9B9;COHCAIG9=B=;@985>I=B5B>9;CJ9G?ID9?C@9?7=>G?9DF=A>9F?9
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
G
+(/0(*#&'
^®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¡I "MDC @D9 8F=5 5B? ! %@5;9B:IFH = ?CF=GB=?5 ?F98=H5 DF5JB9 CGC69I,9DI6@=7="FJ5HG?C> /;CJCFCACH=9@I>9DF97=N=F5BC85>9"MDC@D9 8F=55B?!%@5;9B:IFH85J5H9@>I8>9@5H985C8C6F5J5"MDC@D98F=55B?8 8 45;F96?5CDF=A5H9@>II8>9@5H=<=I8=CI?F98=HI -J9CJ5?J9HF5BG5?7=>9I"MDC65B7=?B>=U9B9GIDF9?CDCG96BC;F5IB5DC8 CNB5?CA
d Ê1 ÔÊ Ê "MDC @D9 8F=5 5B? 8 8 45;F96 B9N5?CB=HC >9 DFC?B>=U5J5@5 CJ9 =NJCF9 GF98GH5J5 ?5C = ?F98=HB9 HF5BG5?7=>9 = I;CJCF9 =A9 >9 N5DF5JC @5UBC DF=?5N=J5@5 =N@CU9BCGH65B?9DF9A5=BCN9ABCA?F98=HCFIICJCAG@I5>I"MDC@D98F=55B? !%@5;9B:IFH -JC>I8=CIŨG=B8=7=F5BCA?F98=HIű"MDC@D98F=55B?8 8 45;F96?B>=U=@5 >9 B5 DCG96B9 F5IB9 I C?J=FI F5IB5 CNB59BC; 6FC>9A IN C6F5N@CU9B>9 85 >9 "MDC @D9 8F=5 5B? 8 8 45;F96 =N@CU9B5 ?F98=HBCA F=N=?I DF9A5 ?F5>B>9A ?CF=GB=?IGF98GH5J5DF5JBC>CGC6=I,9DI6@=7="FJ5HG?C>5B9DF9A5"MDC@D98F=5 5B?!%@5;9B:IFH *C8=GH=AC6F5N@CU9B>9A"MDC65B?5I"FJ5HG?C>B=>9N5?CB=HC DFC?B>=U5J5@5N58IU=J5B>9?C8"MDC65B?9%@5;9B:IFHJ9>9H9:=B5B7=>G?9HF5BG5?7=>9 DFCHIN5?CB=HC JC8=@5 =NJ5B6=@5BBC =A9 >9 85?5?C @5UBC DF=?5N=J5@5 DC85H?9 I :=B5B7=>G?=A = DCG@CJB=A =NJ>9O=A5 "FJ5HG?C> B5FC8BC> 65B7= = 8FI;=A B58@9UB=A =BGH=HI7=>5A5 #"(=8FI;9B58@9UB9=BGH=HI7=>95CGC6=HCI"MDC65B?9I"FJ5HG?C>5@=>9DCGHC>5C8C;CJCFCN5OH=H= =NA9¡I5BG?=<8JCF5="MDC65B?9 45 GF98GHJ5 ?C>5 GI D@5G=F5B5 DC CGBCJ= I;CJCF5 C H=9@I "MDC @D9 8F=55B?8 8 45;F96>9I=NJ5B6=@5BBC>9J=89B7=>=F5NA>9FBCJ=G=B=H=9@5 DFC?B>=U=@5=BGHFIA9BH9CG=;IF5B>5DCJF5H5?F98=H5Ʃ;5F5B7=>965B5?58FU5JB5>5AGHJ5 <=DCH9?9DF=65J@>9B=<C8GHF5B98CA5=<DF5JB=<CGC655?C>5;@5G9G5AC==G?@>I=JC B5"MDC@D98F=55B?!%@5;9B:IFH
G
!KI=CKF*=NCAPEÚ
/ JF9A9BI C8 G=>9B>5 ;C8=B9 8C ;C8=B9 "MDC 65B?5 I "FJ5HG?C>G5GJC>CAA5H=BCA65B?CAG?@CD=@5>95?CJ5?J=<H5>B=<I;CJCF5C H=9@II?F98=H=F5B>IDF5JB=<CGC65I"FJ5HG?C> /?IDBC =GD@59B= H5?J= H5>B= ?F98=H= =NBCG=@= GI A=@=>IB5 H=GI5 9IF5 /?IDBCI9O9"MDC@D98F=55B?8 8 45;F96IH=A?F98=H=A5D@5G=F5B=A DF9A5H5>B=AI;CJCF=A5G5A5H=BCA65B?CAI%@5;9B:IFHI=NBCG=C>9 ƨDCGHC C8BCGBCA=@=>IB5 H=GI5 9IF5
3H=@=/%OQ@FAHKR=H=QLN=JFQJKR?=LNAGK%ULK>=JGA *C85H7= C DF=A5H9@>=A5 H=< H5>B=< ?F98=H5 I "FJ5HG?C> =NJ5B GJ5?9 8JC>69 8C?5NI>I 85 >9 B9 ?F98=HB9 5F5BUA5B9 G5 "MDC65B?CA?C>=A5G9N5DF5JCDF5CBCJ57GIAB>=JC;DCF=>9?@5G5H5>B=<F5IB5I IGHF=>=J9>95AGHJ55=G5A5G9 N58IU=J5@5?C8"MDC65B?96=@C=NF5JBC6=@CDF9?CDC8IN95IJ9=BG?CA8FU5JBCA J@5GB=OHJI
U tri godine tajnim kreditima oprano preko dvije milijarde kuna .5?C>9IG5ACHF=;C8=B9C8 8C ;C8=B9:=B5B7=>G?=AHF5BG5?7=>5A5 DC CGBCJ= CJ5?J=< H5>B=< I;CJCF5 C ?F98=H=A5 DF5JB=A CGC65A5 I "FJ5HG?C> DF9?C "MDC@D98F=55B?8 8 45;F96=A5H=B965B?9I%@5;9B:IFHICDF5BCJ=O9C88J=>9 A=@=>5F899IF5 *C85H7=CDF=A5H9@>=A5CJ5?J=<H5>B=<?F98=H5B98JC>69BC;CJCF9C=B>9B=7=85>9 ICJ5?JCADF5B>IBCJ75DF9?C"MDC65B?9GI8>9@CJ5@5=0@585,9DI6@=?9"FJ5HG?9 #NBCG C8C6F9B=< ?F98=H5 8CA5=A DF5JB=A CGC65A5 C8 GHF5B9 "MDC @D9 8F=55B?!%@5;9B:IFHII?IDBCA=NBCGIC8 A=@=>IB5H=GI59IF5 DC?F=J9B>9G@>989=A=BGHFIA9BH=A5CG=;IF5B>5DCJF5H5?F98=H5 >5AGHJ5'=B=GH5FGHJ5ĎB5B7=>5,9DI6@=?9"FJ5HG?9=N85B5I?CF=GH"! %@5;9B:IFH ƨC8I?IDBC;=NBCG5C8C6F9B=<?F98=H5 >5AGHJ55AGHJC !F585 45;F965 =N85BC I ?CF=GH " ! %@5;9B:IFH ƨ C8 I?IDBC;=NBCG5C8C6F9B=<?F98=H5 <=DCH9?9I?B>=U9B9I?CF=GH"!%@5;9B:IFH ƨC8I?IDBC;=NBCG5 C8C6F9B=<?F98=H5
G
+(/0(*#&'
ZÊ *F9A5=GH=ADC85H7=A50@585,9DI6@=?9"FJ5HG?9I?CF=GH"!%@5;9B:IFH =N85@5>98FU5JB5>5AGHJ5N5CJ5?J9H5>B9?F98=H9II?IDBCA=NBCGIC8 A=@=>IB5
H=GI9 9IF5 .5GI8FU5JB5>5AGHJ5=N85B5I?CF=GHDF5JB=<CGC65I,9DI6@=7="FJ5HG?C>=HC 4@5HB=F5H8 8 C@ A=@=>IB5'6FC>I;CJCF5", HF5>5B>9?F98=H58C F=N=B=6FC>% $#!## IFC 5?CJ=8 8 WID5B>5 A=@=>IB'6FC>I;CJCF5",
HF5>5B>9 ?F98=H58C ;C8=B9F=N=B=6FC>% $$#" L79@G=CFI6FCJB=?A=@=>IB5'6FC>I;CJCF5",
HF5>5B>9?F98=H5 8C ;C8=B9F=N=B=6FC>% $ #" FC5H=5 &=B9 8 8 ,=>9?5 A=@=>IB5 /- 6FC> I;CJCF5 ",
HF5>5B>9 ?F98=H58C ;C8=B9 .JCFB=75D5D=F58 8 ,=>9?5 A=@=>IB5'6FC>I;CJCF5",
HF5>5B>9 ?F98=H58C
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
HF5>5B>9 I;CJCF58C ;C8=B9F=N=B=6FC>% $#" C@=>5D@5GH 8 C C 4585F A=@=>IB5 ' 6FC> I;CJCF5 ",
HF5>5B>9 I;CJCF58C ;C8=B9 458F5B?58 8 4585FA=@=>IB5'6FC>I;CJCF5", HF5>5B>9I;CJCF5 8C ;C8=B9F=N=B=6FC>% $#" -@58CF5B5 8 8 WID5B>5 A=@=>IB5 H=GI5 " 6FC> I;CJCF5 ", F=N=B=6FC>%## "FJ5HG?5 F58=CH9@9J=N=>5 A=@=>IB5 " 6FC> I;CJCF5 ", HF5>5B>9
G
!KI=CKF*=NCAPEÚ
I;CJCF58C ;C8=B9F=N=B=6FC>%$$$ "FJ5HG?5 IDF5J5 N5 79GH9 A=@=>IB5 " 6FC> I;CJCF5 ", HF5>5B>9 I;CJCF58C ;C8=B9F=N=B=6FC>%###
Sumnjive prijevremene otplate kredita ukazuju na operacije pranja novca 5G9GHJ5FBCF58=CGIAB>=J=A:=B5B7=>G?=AHF5BG5?7=>5A5=AC;I9ADF5B>I BCJ75DF9?C:=?H=JB=<H5>B=<?F98=HB=<@=B=>5;CJCF===B>9B=7585>9>985B8=C?F98=H5 ?C>=GI=GD@59B=DF5JB=ACGC65A5I"FJ5HG?C>DF=>9JF9A9BCCHD@59BC8GHF5B9"MDC @D98F=55B?!%@5;9B:IFH"MDC65B7=I"FJ5HG?C>=HCDF=>9B9;COHCGIG5A= ?CF=GB=7=?F98=H5JF5H=@="MDC65B7=?F98=H9 FI;=A F=>9=A5 B=GI ?CF=GB=7= ?F98=H5 =NJFO=@= DF=>9JF9A9BI CHD@5HI ?F98=H5 B9;CGIHC=BH9FB=A8C;CJCFCAIH5>BCGH=I=B=@9G5A965B?9=NA9¡IG969ƩA5H=B5 65B?5IIGHF=>=>9DF=>9JF9A9BCCHD@5H=@5?F98=H9GJC>C>65B7=?9F=I"FJ5HG?C> )8 I?IDBC N5?@>I9B=< I;CJCF5 C H=9@I " ! %@5;9B:IFH >9 I JF9A9BI C8 ;C8=B9 DF=>9JF9A9BC CHD@5H=@5 ?F98=H5 ƩH=<5 I8>9@5 I I?IDBCA=NBCGIC8 A=@=>IB5 H=GI5
9IF5 .9A9@>9A9J=89B7=>9"FJ5HG?9B5FC8B965B?9CGH5B>I8I;58CA5=<DF5JB=< CGC65 B5 85B ;C8=B9 N5 ?F98=H9 C8C6F9B9 C8 " ! %@5;9B:IFH IHJF¡9BC>985>9"!%@5;9B:IFHC8I?IDBC DF=>9JF9A9BCCHD@59B=<?F98=H5 ƩH=<5I8>9@5DF=>9JF9A9BCCHD@5H=@5G985A?F98=H5ƩH=<5I8>9@5B9CJ=GBCCHCA9OHC 8CA59DF5JB9CGC69=BCN9ABC>65B7=B=GIDF=>9JF9A9BCJF5H=@9?F98=H9
c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ƩI?@>II>I==H=<= I8=CN5(=JI=BU=B>9F=B;8 C C ?C>=>9DF=>9JF9A9BCB5D@59BI ;C8=B==G?5N5BC >9H9?I9GH5B>9?F98=H5I=NBCGIC8 A=@=>IB5H=GI5 ?IB5H9H9?I9GH5B>9 ?5A5H5I=NBCGIC8A=@=>IB5 H=GII ?IB5
G
+(/0(*#&'
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
Pranje novca u Hypo banci transakcijama na osnovu tajnih ugovora o kreditiranju %5?C 6= =N6>9;@= DF=A>9B>=J5B>9 5IGHF=>G?=< = 9IFCDG?=< DFCD=G5 C GIN6=>5B>I DF5B>5 BCJ75 = :=B5B7=F5B>5 H9FCF=NA5 /DF5J5 = C8;CJCFB9 CGC69 "MDC @D9 8F=5 5B? ! %@5;9B:IFH = "MDC 65B?9 I "FJ5HG?C> CGA=G@=@= GI DCG965B AC89@ DF5B>5 BCJ75HF5BG5?7=>5A5C65J@>5B=AB5H9A9@>IH5>B=<I;CJCF5C?F98=H=F5B>I?C8?C>=<>9 >98B565B?5BCA=B5@BC6=@5?F98=HCF8C?>98FI;565B?5B5H9A9@>IH5>BC;I;CJCF5C H5>B=AI8>9@=A5I?F98=H=A58CNB55J5@5BCJ57N5?F98=H9G5H5>B=<F5IB5IIGHF=>= (5H5>G9B5=BDF5CGIAB>=J=BCJ57B5>J>9FC>5HB=>9?F=A=B5@BC;DCF=>9?@5DC9B B5 H5>B=A F5IB=A5 ?C8 " ! %@5;9B:IFH 5 N5 ?C>9 HF5BG5?7=>9 I 8C;CJCFI G 9DFCJ>9F5J5BCDCF=>9?@CB=H==NJCF=:=B5B7=F5B>5
Nezakoniti ugovori o tihom udjelu u kreditu /;CJCF=CH=9@I=5B9?G=I;CJCF5CH=9@IN5?@>I9B=GI=NA9¡I 8CA59 65B?9 "MDC @D9 8F=5 5B? 8 8 45;F96 = GHF5B9 65B?9 "MDC @D9 8F=5 5B?!%@5;9B:IFH5N5GB=J5>IG9B5G@>9899A HF5BG:9FIGF98GH5J5C8>98B9I;CJCFB9GHF5B98FI;C>ƩHF5BG:9F8CA5965B?9 GHF5BC>65B7=DF=A>9F=79GH=A85>9I;CJCF9B5B5A>9B5HF5BG:9F=F5B=<GF98GH5J5 ųH5>B=I8=CC?F98=HI?C>==BCN9AB565B?5C8C6F5J58CA5C>DF5JBC>CGC6= DCJF5HIGF98GH5J5C8GHF5B965B?98CA5C>65B7=DF=9AI>9CGBCJN5=NJFO9B>9 I;CJCFB=<C6J9N5DCJF5HGF98GH5J5=BCN9ABC>65B7=C8GHF5B9?CF=GB=?5?F98=H5 8CA59DF5JB9CGC69?C>5B=>9DCHD=GB=?I;CJCF5CH=9@I
G
!KI=CKF*=NCAPEÚ
/I;CJCF=A5CH=9@IH95B9?G=A5=GH=<I;CJCF5B=GIIF9¡9B5A9¡IGC6B5 DF5J5=C6J9N98CA59DF5JB9CGC69="MDC@D98F=55B?8 8 45;F968CA55 DF5JB5 CGC65 B=>9 DCHD=GB=? HC; I;CJCF5 G =BCN9AGHJCA B9;C GI DCHD=GB=7= G5AC =BCN9AB5=8CA5565B?5
^ÊÊ kao „deviznih sindiciranih kredita“ %5?C6=DF=?F=@5B9N5?CB=HCGH=IC65J@>5B>I?F98=HB=<==BJ9GH=7=>G?=<HF5BG5?7=>5 B5 H9A9@>I H5>B=< I;CJCF5 " ! %@5;9B:IFH = "MDC 65B?9 I "FJ5HG?C> /DF5J5 "MDC65B?9B5@CU=@5>9?F=JCHJCF9B>9DCG@CJB=<?B>=;5=:=B5B7=>G?=<=NJ>9O5H9=NJ>9O5 =F9;=GHF57=>G?98C?IA9BH57=>9?C8"FJ5HG?9B5FC8B965B?9 .5?CGICJ5?J=H5>B=?F98=HB=I;CJCF=B9N5?CB=HC=B9=GH=B=HCDFC?B>=U5J5B=?5C Ũ89J=NB= G=B8=7=F5B= ?F98=H=ű =5?C DF=FC85 DCG@5 = HF5BG5?7=>5 >5GBC I?5NI>9 85 G9 B9 F58=CH5?J=ADCG@CJ=A5HF5BG5?7=>5A5=I;CJCF=A5 FI;=AF=>9=A5?5?C6=DF=?F=@5CD9F57=>9DF5B>5BCJ75"MDC65B?5I"FJ5HG?C> @5UBC>9?B>=U=@5B9N5?CB=H9H5>B9?F98=H9?5CŨ89J=NB9G=B8=7=F5B9?F98=H9űN5OHCGI NB5@98FU5JB9=BGH=HI7=>9="FJ5HG?5B5FC8B565B?55@=I8C;CJCFIG5"MDC65B?CA B=GIDC8IN=A5@=B=?5?J95?H=JBCGH=B5H9A9@>IGJC>=<N5?CBG?=<CJ@5GH=
bÊÊÔxyuv{1 ÔË 45?@>I9B= I;CJCF= C H=9@I = 5B9?G= I;CJCF5 B9 AC;I G9 GA5HF5H= I;CJCF=A5 C 89J=NBCA G=B8=7=F5BCA ?F98=HI 6I8I= 85 G9 GI?@58BC 45?CBI C ?F98=HB=A DCG@CJ=A5 G =BCN9AGHJCA I;CJCF= C 89J=NB=A G=B8=7=F5B=A ?F98=H=A5 ACF5>IG?@CD=H=ID=G5BCAC6@=?IOHCNB5=85G9I;CJCFCAC89J=NBCAG=B8=7=F5BCA ?F98=HIIF9¡I>IA9¡IGC6B5DF5J5=C6J9N9=NA9¡IN5>ACDF=A5H9@>5=B5>A5B>98J5 ?F98=HCF5?C>=I>98BCACF5>I6=H==DCHD=GB=7=HC;5I;CJCF5856=H5>I;CJCF6=CDF5JBC J5U9= -C6N=FCA85G9?F98=H=C8C6F9B=DCCGBCJII;CJCF5CH=9@IB9AC;I GA5HF5H= 89J=NB=A G=B8=7=F5B=A ?F98=H=A5 "MDC @D9 8F=5 5B? 8 8 45;F96 B=>9 GA>9@5 H9 ?F98=H9 ?B>=U=H= I GJC>=A DCG@CJB=A ?B>=;5A5 B5 9J=89B7=>G?=A F5IB=A5 ų89J=NB=?F98=H=CGH5@=AHF;CJ5?=A8FIOHJ=A55B5?C>=A5G9DF9A5)8@I7=C ?CBHBCAD@5BIN565B?9=/DIH=N5DF=A>9BI?CBHBC;D@5B5N565B?9?B>=U9I8>9@=I G=B8=7=F5BCA?F98=HI?5C?F98=H==NF5JBCD@5G=F5B=?F5>B>9A?CF=GB=?I?F98=H5
^WWX°°p Ê ÊÓ 45?@>I9B=I;CJCF=CH=9@I?5C=5B9?G=H=<I;CJCF5GI8JCGHF5B=DF5JB= DCG@CJ= B5GH5@= GI;@5GB=A C=HCJ5B>9A JC@>9 8J=>I GHF5B5 8CA59 65B?9 "MDC @D9 8F=5 5B? 8 8 45;F96 ?5C J>9FCJB=?5 = GHF5B9 65B?9 "MDC @D9 8F=5 5B? ! %@5;9B:IFH?5C8IUB=?5
G
+(/0(*#&'
%5?C>9II;CJCF=A5CH=9@I=5B9?G=A5I;CJCF5I;CJCF9BC85" ! %@5;9B:IFH C8C6F5J5 " 8 8 45;F96 H=<= ƩH5>B= I8=C I ?F98=H=A5 ?C>= GI C8C6F9B= 8CA5=A DF5JB=A CGC65A5 H9 GI =GH= I;CJCF= N5?@>I9B= B9CJ=GBC C JC@>= 8CA5=<DF5JB=<CGC65Ʃ?C>9B=GIB=IDCNB5H9GC8F9865A5I;CJCF5CH=9@I H9B9A5>I6=@C?5?J=<I;CJCFB=<DF5J5=C6J9N5DF9A5"8 8 45;F96B9DCGHC>= B=H=DF5JBCIDCF=OH9H9A9@>9A?C>9;6="MDC@D98F=55B?8 8 45;F96IGJC>=A DCG@CJB=A?B>=;5A5DCCGBCJIC8C6F9B=<?F98=H5=G?5N=J5@5DCHF5U=J5B>5C88CA5=< DF5JB=< CGC65 ?B>=U9B>9A B5 F5IB=A5 ų 89J=NB= ?F98=H= CGH5@=A HF;CJ5?=A 8FIOHJ=A5H9DF9A5GH5B>IH=<F5IB5A>9F=@5?F98=HBI=N@CU9BCGH5B?9IC8BCGIB5 8CA59DF5JB9CGC69 (5 CJ5> B5=B CG=A OHC >9 B9N5?CB=HC ?B>=U=@5 H5>B9 ?F98=H9 "MDC 65B?5 I "FJ5HG?C>>9@5UBCDF=?5N=J5@5?F98=HBI=N@CU9BCGH5B?95H=A9=?F98=HBI=N@CU9BCGH I?IDBC; G?C; GIGH5J5 ?5?C DF9A5 8IUB=7=A5 = J>9FCJB=7=A5 I N9A@>=H5?C=CB=A5I=BCN9AGHJI
Tajne kredite je umjesto kao devizne sindicirane kredite trebalo Ê -I?@58BC45?CBIC?F98=HB=ADCG@CJ=A5G=BCN9AGHJCA)8@I7=CF9;=GHF57=>= ?F98=HB=< DCG@CJ5 G =BCN9AGHJCA H9 /DIH= N5 DCDIB>5J5B>9 /D=HB=?5 C ?F98=HBCA DCG@IC8C6F9B>5?C>5>9G5GH5JB=8=C)8@I?9I;CJCFCH=9@I>9DCH=DI?F98=H5 :=B5B7=>G?=?F98=H?C>=>9C8C6F=@58CA5565B?5=BCN9ABCACGB=J5IƩGHF5BC>65B7= 5 DC8 JFGHCA I;CJCF5 HC >9 BCFA5@B= I;CJCF G5 C8F9¡9BCA B5A>9BCA ?CF=OH9B>5 :=B5B7=>G?=<GF98GH5J5 5?@9?F98=H=C8C6F9B=DCCGBCJII;CJCF5CH=9@IGIBCFA5@B=?F98=H= C8C6F9B>5=BCN9AGHJI?C>=GI?5CH5?J==HF965@=6=H=F9;=GHF=F5B=?C8"FJ5HG?9B5FC8B9 65B?9H9=<>9IDCG@CJB=A?B>=;5A5"MDC@D98F=55B?8 8 45;F96HF965@C?B>=U=H= ?5C?F98=H9C8C6F9B9"MDC@D98F=55B?!%@5;9B:IFHB5F5IBI ų89J=NB= ?F98=H=GHF5B=A:=B5B7=>G?=A=BGH=HI7=>5A55GH5B>9HC;F5IB5HF965@C>96=H=I?@>I9BC I=G?5N=J5B>9?F98=HB9=N@CU9BCGH=DF9A5"!%@5;9B:IFH
(KIAFA%ULK>=JG=@K@FAHFER=H=ĽP=FJAļGNA@EPA (979BNIF=F5BC 7CA 9?G?@IN=JBC C6>5J@>I>9 DC85H?9 C DC8IN9=A5 ?C>=A5 >9 "MDC@D98F=55B?!%@5;9B:IFHC8C6F5J5@5HNJ ŨH5>B9ű?F98=H9HCB=>9?F98=H9 G5H=<=AƩH5>B=AI8>9@CA"MDC@D98F=55B?98 8 45;F96
/DF5JCN5H9?F98=HB9HF5BG5?7=>9DCGHC>=CDF5J85B5GIAB>5?5?C>9"MDC 65B?5%@5;9B:IFHDF9?CH=<?F98=HB=<HF5BG5?7=>5JFO=@5CD9F57=>9DF5B>5BCJ75 ?F=A=B5@BC; DCF=>9?@5 DC@CU9BC; B5 H5>B9 F5IB9 CHJCF9B9 ?C8 " ! %@5;9B:IFH
G
!KI=CKF*=NCAPEÚ
bÊ Ê^ -J9 CJ9 ?F98=HB9 HF5BG5?7=>9 "MDC @D9 8F=5 5B?5 8 8 45;F96 = B>9N=B5 GF98=OB>=75 I %@5;9B:IFHI B9N5?CB=HC GI F9;=GHF=F5@9 ?C8 "FJ5HG?9 B5FC8B9 65B?9 ?5CŨ89J=NB9G=B8=7=F5B9?F98=H9űIA>9GHC?5CF98CJ=H9=BCN9AB9?F98=H98CA5=A DF5JB=ACGC65A5 .5?J=A@5UB=ADF=?5N=J5B>9ACJ=<?F98=H5IDCG@CJB=A?B>=;5A5 "MDC65B?5>9=NF5JBCIH>975@5B5@5UBCDF=?5N=J5B>9DC85H5?5CG?CA 8I;IH9B5GH56=@BCGHG?C;GIGH5J5I7>9@=B= 0@585,9DI6@=?9"FJ5HG?9>9NB5@5=C8C6F5J5@5"MDC65B7=I"FJ5HG?C>CJ5?J9 ?F=A=B5@B9CD9F57=>9DF5B>5BCJ75DIH9A@5UBC?B>=U9B=<?F98=HB=<HF5BG5?7=>5
f Ó Ê %C>=A DC8IN9=A5 >9 "MDC @D9 8F=5 5B? ! %@5;9B:IFH C8C6F5J5@5 H5>B9?F98=H9?C>9>9"MDC@D98F=55B?58 8 45;F96@5UBC?B>=U=@5?5CŨ89J=NB9 G=B8=7=F5B9?F98=H9ű 0>9FI>9G9856=G9IG?CFCCJ9HF5BG5?7=>9"MDC65B?9AC;@9B5=DC8=GHF5;CA FU5JBC;C8J>9HB=OHJ5=/-%)%5N6C;CGBCJ5B9GIAB>9B5C65J@>5B>9CD9F57=>5DF5B>5 BCJ75 GH99BC; B9N5?CB=H=A DCG@CJB=A CD9F57=>5A5 = CF;5B=N=F5B=A ?F=A=B5@CA 5 ?C>=>9DF=>9D@5GA5B5?FCN?F98=H9DF5JB=ACGC65A5I"FJ5HG?C>6=CDC@5;5BB5H5>B9 F5IB9CHJCF9B9?C8"!%@5;9B:IFH
Popis pravnih osoba kojima su odobravani tajni krediti odnosno krediti s tajnim udjelom od 1.1.1998. do 31.12.2001. godine FC5H=5&=B9,=>9?5 A=@=>IB5" H5>B=I8=C"8 8 45;F96 A=@=>IB5 " 9FGHFCD-9GJ9H9 A=@=>IB5" H5>B=I8=C"8 8 45;F96 A=@=>IB5 " $58F5B 8 8 F=?J9B=75 A=@=>IB5 " H5>B= I8=C " 8 8 45;F96 A=@=>IB5" $58F5B 8 8 F=?J9B=75 A=@=>IB5 " H5>B= I8=C " 8 8 45;F96 H=GI5" ,=J=9F5"C@8=B;*CF9 A=@=>IB5" H5>B=I8=C"8 8 45;F96 A=@=>IB5" 05@5@H5 8 8 ,CJ=B> A=@=>IB5 ' H5>B= I8=C " 8 8 45;F96 A=@=>IB ' "CH9@ '@=B= I6FCJB=? A=@=>IB5 " H5>B= I8=C " 8 8 45;F96 A=@=>IB5" *@5J5 &5;IB5 *CF9 A=@=>IB5 ' H5>B= I8=C " 8 8 45;F96 A=@=>IB5'
G
+(/0(*#&'
'=<5BCJ= 8 8 .I<9@> A=@=>IB5 ' H5>B= I8=C " 8 8 45;F96 A=@=>IB5' IFC 5?CJ=8 8 WID5B>5 A=@=>IB'H5>B=I8=C"8 8 45;F96 A=@=>IB5' %5DHC@*9HF5& 8 C C A=@=>IB'H5>B=I8=C"8 8 45;F96H=GI5 ' F=CB?5 8 8 *I@5 A=@=>IB5 " H5>B= I8=C " 8 8 45;F96 A=@=>IB5" L79@G=CF 8 8 I6FCJB=? A=@=>IB5 ' H5>B= I8=C " 8 8 45;F96 A=@=>IB5' "CH9@GD@5B58945;F96 A=@=>IB5" H5>B=I8=C"8 8 45;F96 A=@=>IB5" "CH9@ *5@579 45;F96 A=@=>IB5 " H5>B= I8=C " 8 8 45;F96 A=@=>IB5" FC5H=5.IF=GH45;F96A=@=>IB5'H5>B=I8=C"8 8 45;F96 A=@=>IB5' FC5H=5 &=B9 ,=>9?5 A=@=>IB5 /- H5>B= I8=C " 8 8 45;F96 A=@=>IB5/- C@=>5D@5GH 4585F A=@=>IB5 ' H5>B= I8=C " 8 8 45;F96 A=@=>IB5 ' !F58-D@=H A=@=>IB5'H5>B=I8=C"8 8 45;F96A=@=>IB5' .JCFB=75 D5D=F5 ,=>9?5 A=@=>IB5 ' H5>B= I8=C " 8 8 45;F96 A=@=>IB5' -@5JCBG?5 65B?5 )G=>9? A=@=>IB5 ' H5>B= I8=C " 8 8 45;F96 A=@=>IB5' 458F5B?58 8 4585FA=@=>IB5'H5>B=I8=C"8 8 45;F96A=@=>IB5 ' *@5J5 &5;IB5 *CF9 A=@=>IB5 ' H5>B= I8=C " 8 8 45;F96 A=@=>IB5' ! -DCFH45;F96A=@=>IB5" H5>B=I8=C"8 8 45;F96 H=GI5 " F9B5HIF=GH*I@5 A=@=>IB5" H5>B=I8=C"8 8 45;F96 A=@=>IB5 " IHCHFC@9> ,=>9?5 A=@=>IB5 " H5>B= I8=C " 8 8 45;F96 A=@=>IB5 " &CO=B>G?5 D@CJ=865 ,=>9?5 A=@=>IB5 /, H5>B= I8=C " 8 8 45;F96 H=GI5/, ,I6=B=8 C C ,CJ=B> A=@=>IB5" H5>B=I8=C"8 8 45;F96A=@=>IB5
G
!KI=CKF*=NCAPEÚ
" B=H50FG5FA=@=>IB5" H5>B=I8=C"8 8 45;F96 A=@=>IB5 " (=J5=BU=B>9F=B;45;F96 A=@=>IB5'H5>B=I8=C"8 8 45;F96 A=@=>IB5' %CU5F505F5U8=B A=@=>IB5" H5>B=I8=C"8 8 45;F96 A=@=>IB5 H=GI5" 45;F968FJC A=@=>IB5" H5>B=I8=C"8 8 45;F96A=@=>IB5 " .JCFB=75 O99F5 0=FCJ=H=75 A=@=>IB5 ' H5>B= I8=C " 8 8 45;F96 A=@=>IB5' 4@5HB=F5HC@ A=@=>IB5'H5>B=I8=C"8 8 45;F96A=@=>IB5' !F58-D@=H A=@=>IB5'H5>B=I8=C"8 8 45;F96A=@=>IB5' .5B?9F?CA9F74585FA=@=>IB5'H5>B=I8=C"8 8 45;F96A=@=>IB5 ' "FJ5HG?9JC8945;F96 A=@=>IB5" H5>B=I8=C"8 8 45;F96 A=@=>IB5" %9A7C-5JI8F=>5A=@=>IB5 H=GI9" H5>B=I8=C"8 8 45;F96 H=GI5" #BH9F9IFCD545;F96A=@=>IB5" H5>B=I8=C"8 8 45;F96 A=@=>IB5 " !F580F6CJ97A=@=>IB5'H5>B=I8=C"8 8 45;F96A=@=>IB5' !**'=?=A=@=>IB5'H5>B=I8=C"8 8 45;F96 A=@=>IB5' 45;F965?9 79GH9 A=@=>IB5 ' H5>B= I8=C " 8 8 45;F96 A=@=>IB5 ' !F58*CF9A=@=>IB5" H5>B=I8=C"8 8 45;F96 A=@=>IB5" ,9DI6@=?5 "FJ5HG?5 A=@=>IB5 H=GI9 .- H5>B= I8=C " 8 8 45;F96 A=@=>IB5H=GI5."FJ5HG?5F58=CH9@9J=N=>5 A=@=>IB5" H5>B=I8=C"8 8 45;F96 A=@=>IB5" "FJ5HG?5 IDF5J5 N5 79GH9 A=@=>IB5 " H5>B= I8=C " 8 8 45;F96 A=@=>IB5" !F58 ,=>9?5 A=@=>IB5 " H5>B= I8=C " 8 8 45;F96 A=@=>IB5 " -@58CF5B5 WID5B>5 A=@=>IB5 " H5>B= I8=C " 8 8 45;F96 A=@=>IB5" !F58*I@5 A=@=>IB5'H5>B=I8=C"8 8 45;F96A=@=>IB5'
G
+(/0(*#&'
0=J=@AN@KCKR=N=KP=FJKGNA@EPEN=JFA3H=@AO=%ULK >=JGKI(H=CAJBQNP 9N C6N=F5 B5 :CFA5@BC DF5JB= C?J=F = B5N=J I;CJCF5 C H=9@I 5B5@=N5 :=B5B7=>G?9GHJ5FBCGH=C8C6F9B=<?F98=H5DCCGBCJ=H=<I;CJCF5C856F5B=<A9HC8CA INCF?5DCHJF¡I>9N5?@>I?9=NF5B=>=<H9?GHCJ5(979BNIF=F5BC 7CA %C8CJ=<HF5BG5?7=>5B=>9G9F58=@CCŨ89J=NB=AG=B8=7=F5B=A?F98=H=A5űB9;C >9 "MDC 65B?5 @5UBC ?B>=U=@5 CJ9 HF5BG5?7=>9 ?5?C 6= DF=?F=@5 GHJ5FB= F5N@C; CJ5?JC; DIH5BCJ755HC>9DF=?F=J5B>9HF5;5B9N5?CB=HC;BCJ75G5H5>B=<F5IB5I%@5;9B:IFHI /;CJCFC?F98=HI6FC>",
N5?@>I9B=NA9¡I"!%@5;9B:IFH?5C?F98=HCF5= $58F5B8 8 F=?J9B=75?5C8IUB=?5B5=NBCGC8 A=@=>IB5" /CJCAG@I5>IH=<=I8=C"8 8 45;F96I?F98=HI=NBCG= A=@=>IB5" OHC >9I>98BCI?ID5B=NBCG?F98=H5?C>=>9"!%@5;9B:IFHC8C6F=@5DC8IN9I$58F5B 8 8 F=?J9B=75H9G9B9J=8=GA=G5CCJ5?JC;H5>BC;?F98=H=F5B>5DCG96BC5?CG9INA9 IC6N=F=B>9B=75?5?CGIGJ==BGHFIA9BH=CG=;IF5B>5DCJF5H5?F98=H5IC6@=?I<=DCH9?9 I?B>=U9B=B5"!%@5;9B:IFH k^ht}w Ôvu°v°v~~z° Ö^WWX W]ah^®lh^ Ê® vyuWji° .=<=I8=C"8 8 45;F96=NBCG= A=@=>IB5.-GH=A85>9/;CJCFC H=9@I=NA9¡I"!%@5;9B:IFH="8 8 45;F96G?@CD@>9B ;C8=B9GF98GHJ5GIHF5BG:9F=F5B5 ;C8=B985?@9D9H;C8=B5B5?CBN5?@>I9B>5 I;CJCF5C?F98=HIC8BCGBC=G?CF=OH9B>5?F98=H5 /CJCAG@I5>I>9DCG96BCN5B=A@>=JC85GICJ5>I;CJCF=H5>B=?F98=HG5"MDC 65B?CAI%@5;9B:IFHI8C;CJ5F5@==5F5BUA5B9DCHD=G=J5@=H585OB>=N5A>9B=?A=B=GHF5 J5B>G?=<DCG@CJ5,"#JC-5B589FƩ85B5OB>="4CJDF9A=>9F6=JO=A=B=GH5FJ5B>G?=< DCG@CJ5'5H9!F5B==H585OB>=A=B=GH5F:=B5B7=>5CUC*F?5DF9?C=>965B?9>9?5GB=>9 CD9F5H=JBCJFO9B5=GD@5H5?F98=H5 k^htxxx® Ô Ö^WWXW]a p°°pÊ® ~Y^\° .=<= I8=C " 8 8 45;F96 I CJCA ?F98=HI =NBCG= A=@=>IB5 " %F98=H I =NBCGI C8 A=@=>IB5 " 458F5B?5 >9 =G?CF=GH=@5 ;C8=B9 5 I;CJCF9BC 8CGD=>99 ?F98=H5 >9 ;C8=B9 5B5
;C8=B9 HF= B9DIB5 A>9G975 B5?CB=G?CF=OH9B>5?F98=H5ŨN6C;DF=>9JF9A9B9CHD@5H9?F98=H5?CA=H9BH5ű"! %@5;9B:IFHJF55DF=>9JF9A9BCH=<=I8=CB9CJ=GBCCHCA9OHC458F5B?58 8 B=>9JF5H=@5 ?F98=H"!%@5;9B:IFH
G
!KI=CKF*=NCAPEÚ
Sumnjive transakcije – indikator pranja novca (5=GH=GIB5=BJF59B=H5>B=I8>9@=I?F98=H=A5N5DC8IN95*5@5799F=B; IGDF?CG =B>9B=7= 85 G5A= 8IUB=7= B=GI JF5H=@= ?F98=H = DC8A=F=@= ?F98=HB9 C6J9N9 DF9A5 "MDC @D9 8F=5 5B7= ! %@5;9B:IFH )J9=B>9B=79B5DF=A>9F=A5B5J989B=<DC8IN95=?F98=H5?C>9GI?CF=GH=@5?C8 "!%@5;9B:IFHGI8>9@CJ5B>9H=<=AI8>9@CAIJ=G=B=7>9@C?IDBC;=NBCG5?F98=H5 GI8>9@CJ5B>9I?F98=HI?C>=>9C8C6F9B==G?CF=OH9BD9H;C8=B5DF=>9DF=>9JF9A9B9CHD@5H9 ?F98=H5 H=<=< I8>9@5 B9CJ=GBC C8 DCJF5H5 ?F98=H5 8CA59 DF5JB9 CGC69 =BCN9ABC> 65B7= I?5NI>I 85 G9 B9 F58= C 89J=NB=A G=B8=7=F5B=A ?F98=H=A5 J9 C 8JCGHF5B=A DF5JB=ADCG@CJ=A5=NA9¡I8CA59==BCN9AB965B?9?C>=GIB9CJ=GB=CI;CJCFBCA C8BCGI=NA9¡I=BCN9AB965B?9=8CA59DF5JB9CGC69 /DF5JCG9CJ5?J9GIAB>=J9:=B5B7=>G?9CD9F57=>9GA5HF5>I>98B=AC8=B8=?5HCF5 GIAB>9B5CD9F57=>9DF5B>5BCJ75I65B?5FG?=A=BGH=HI7=>5A5OHCGI9GJ>9GBCN5B9A5F=@9IG@I5>I"MDC65B?9CAC;I=JO=B5H5>B5=BB5GH5J5? CJ=<B9N5?CB=H=<CD9F57=>5IHC>65B7=
p ^Ó Ô Ê )G=A HC;5 CJ5?JC DCG@CJ5B>9 "MDC @D9 8F=5 5B? 8 8 45;F96 8CJ9@C >9 8CDF9J9@=?9=N@CU9BCGH=65B?9:=B5B7=>G?CAF=N=?I=HCN6C;=B>9B=7985"MDC65B?5 B=>9 CG=;IF5@5 DCJF5H CJ=< ?F98=H5 N5?CBCA DF98J=¡9B=A =BGHFIA9BH=A5 CG=;IF5B>5
.5?J=A F=N=B=A =N@5;5B>9A "MDC 65B?9 B5F5JBC DCJ95B5 >9 F=N=B5 =N@CU9BCGH7=>9@C;:=B5B7=>G?C;GIGH5J5 *F9A5 C8F986= @5B?5 GH5J?5 45?CB5 C ?F98=HB=A DCG@CJ=A5 G =BCN9AGHJCA"MDC@D98F=55B?58 8 45;F96>9N5C8C6F9B9?F98=H9DCCGBCJI I;CJCF5 C H=BCA I8>9@I 6=@5 C6J9NB5 DF=65J=H= CB9 =BGHFIA9BH9 CG=;IF5B>5 B5D@5H9?F98=H5?C>=A5G9CG=;IF5J5DF5JB5G=;IFBCGH?F98=HBC;DCG@5 /A>9GHCHC;5 65B?5>9F5GDC@5;5@5=N>5J5A5"!%@5;9B:IFH?C>=A5H565B?5DCHJF¡I>9IGHID GJ=< GDCF98B=< DF5J5 =N I;CJCF5 C ?F98=HI =@= N5GB=J5B>5 DF5J5 B5 =GH=A5 F5NA>9FBC H=9@IIC8C6F9BCA?F98=HI5?C>=A"8 8 45;F96GH>99=8C?5NI>95?H=JBI =GIDF5B=5FG?I@9;=H=A57=>IN5GI8>9@CJ5B>9ICJFOBCADCGHID?I?C>9;6=DC?F9BI@5 "!%@5;9B:IFHIB5A=F9B>IHF5U6=B9=NI;CJCF5C?F98=HI )J5?J9=N>5J9=N85B9C8GHF5B9"!%@5;9B:IFH?5CB5JC8B==BGHFIA9BH CG=;IF5B>5 DCJF5H5 ?F98=H5 B=GI IC6=5>9B= =BGHFIA9BH CG=;IF5B>5 DCJF5H5 ?F98=H5 = CJ5?J=A G9 =BGHFIA9BHCA B9 DCGH=U9 DF5JB5 G=;IFBCGH DCG@5 DF9A5
fÔ Ë /DF5JCN6C;CJ5?JC;?FO9B>545?CB5"MDC65B?5CN6=@>BC>9I;FCN=@5GH56=@BCGH G?C; GIGH5J5 H9 GI DF9A5 J5U9=A DFCD=G=A5 "MDC 65B?5 = H585 C8;CJCFB5CGC65#;CF%C8UCA5BDF9?FO=@==C8F9869@5B?5 45?CB5C65B?5A5 OHC A9¡IH=A N5I>I= DC@=H=?C> N5OH=H= ?C>I H5 65B?5 IU=J5 C8 GHF5B9 0@589 = "FJ5HG?9B5FC8B965B?9B=>9G5B?7=CB=F5BCH9B=GIDC8IN9H9B=?5?J9A>9F9?C>=A5 6=G9DF=G=@=@C"MDC65B?IB5DCOH=J5B>9
G
+(/0(*#&'
2CKRKNGKFACOQO=%ULK>=JGKI@KCKRKNEHE$N=JEÚ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
Tajni dodatak Ugovoru o kreditu #NJCFB= I;CJCF C ?F98=HI =NA9¡I " ! %@5;9B:IFH = 0@589 ,9DI6@=?9 "FJ5HG?9 DCHD=G5@= GI G=>9B>5 ;C8=B9 '5H9 !F5B= ?5C H585OB>= A=B=GH5F J5B>G?=<DCG@CJ5,9DI6@=?9"FJ5HG?91C@:;5B;%I@H9F9F=$CF;-759 ;C8=B9DCHD=G5@=8C85H5? CJCAI;CJCFI?C>=AGIIHJF¡9B=IJ>9H=?F98=H=F5B>5=NF5N=HCB9DCJC@>=D55?=OH9HB= N5 ,9DI6@=?I "FJ5HG?I ?5C N5>ACDF=A75 .=A H5>B=A 8C85H?CA /;CJCFI C ?F98=HI !F5B=>9DCHD=G5C"MDC65B7=I%@5;9B:IFHIC8F=75B>9I=A9,9DI6@=?9"FJ5HG?96=@C ?5?JC;DF5J5B5U5@6I=DF5JBIN5OH=HIIG@I5>IGDCF5IGJ9N=CJC;?F98=H5"MDC65B?9 0@58=,9DI6@=?9"FJ5HG?9 Ũ45>ACDF=A57Ʃ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űGHC>=I 8C85H?II;CJCFI?C>9;GI J9@>59 ;C8=B9DCHD=G5@=!F5B==%I@H9F9F
G
!KI=CKF*=NCAPEÚ
i®f]Ó^ Ê /=A9H585OB>9"4CJ90@589CD9F5H=JB=ADCG@CJ=A5C?CF95@=N57=>9?F98=H5 I;CJCF9BC;G5"MDC@D98F=55B?!%@5;9B:IFHFI?CJC8=@=GI#JC-5B589F'5H9 !F5B==CUC*F?5H585OB>=N5A>9B=?=A=B=GH5FJ5B>G?=<DCG@CJ5H9A=B=GH5F:=B5B7=>5 /DF5JC >9 CJ5> HFC>57 G5 @5BCJ=A5 /DF5J9 "MDC 65B?9 8C;CJ5F5C B57FH /;CJCF5 C ?F98=HI?C>9;>90@585IH5>BCGH=IGJC>=@5B5GJC>C>G>98B=7= G=>9B>5 ;C8=B9 Ũ0@585,9DI6@=?9"FJ5HG?9>9B5G>98B=7=C8FU5BC>85B5 G=>9B>5 ;C8=B9 8CB=>9@5G@=>989=N5?@>I5? *F=AI=NA9¡I0@589,9DI6@=?9"FJ5HG?9=%5FHB9F &5B89G IB8 "MDCH<9?9B65B? ?H=9B;9G9@@G7<5:H ƩDF98B=? " ! %@5;9B:IFH %@5;9B:IFH ,9DI6@=?5 IGHF=>5 I H9?GHI ?5?C >9 HC 8CGH5J@>9BC 5?HCA '=B=GH5FGHJ5 J5B>G?=<DCG@CJ5?@5G5 IF6FC> C8 G=>9B>5 ;C8=B9GH=A985 G9N58IUI>9'=B=GH5FGHJCJ5B>G?=<DCG@CJ585=NJFO=?CF9?7=>IB5N=J5I;CJCFB9GHF5B?9 H9?5CI;CJCFBIGHF5B?IB5J9890@58I,9DI6@=?9"FJ5HG?9 )J@5OI>9G9CUC*F?5A=B=GH5F:=B5B7=>585I=A90@589,9DI6@=?9"FJ5HG?9 IG@I5>IGDF=>99BCGH=8F '5H9!F5B=5DCHDF98G>98B=?50@589,9DI6@=?9"FJ5HG?9= A=B=GHF5J5B>G?=<DCG@CJ5DCHD=O9CJ5>/;CJCFűGHC>=I45?@>I7=A50@589C8 G=>9B>5 ;C8=B9CNB59B=<?@5GCA IF6FC>
i^ #D5? 8CD=G H585OB>9; DCACB=?5 A=B=GHF5 :=B5B7=>5 ƩH585 CU9 *F?9 $CG=D5 %I@=O=5C8 J9@>59 ;C8=B9CNB59B?@5GCA IF6FC>
IDI9B H585OB>9A N5A>9B=?I A=B=GHF5 J5B>G?=< DCG@CJ5 #J= -5B589FI 8C?5NI>9 ?5?C>9IDF5JC85B5OB>=DF9A=>9F#JC-5B589FH985@9?9 ;C8=B9?CCF8=B=F5CH5>B9 DCG@CJ95ACD=GAC?C>9GACIDIH=@=65B7=%5FBHB9F%@5;9B:IFH IGJ9N=?CF=OH9B>5?F98=H5N5B565J?9J9@9DCG@5BGH5J5 #NB5J989BC;8CD=G5>9J=8@>=JC 85 B5A >9 N5 85@>B>I F95@=N57=>I DCG@5 DCHF96BC 85H= 85@>B>9 =BGHFI?7=>9 C8BCGBC H99 I8I= 85 >9 DF98A9HB= DCG5C G@CU9B H9 85 9 HF5>5H= C8F9¡9B= 8IU= D9F=C8 GA5HF5ACDCHF96B=A85G505O9GHF5B9C8F98=H9>98BICGC6I?C>59GH5@BC6=H=IHC?I 05O=< DCHF965 = N59J5 H9 9 AC= ?CCF8=B=F5H= DFCJ986I CJC; DCG@5 H> ?CF=OH9B>9 GF98GH5J5 ?F98=H5ű GHC>= I D=GAI $CG=D5 %I@=O=5 H585OB>9; DCACB=?5 A=B=GHF5 :=B5B7=>5 CU9 *F?9 #J= -5B589FI H585OB>9A N5A>9B=?I A=B=GHF5 J5B>G?=< DCG@CJ5 '5H9!F5B=5
iË kredita Hypo banke 09 G58FU5> G@>9899; D=GA5 $CG=D5 %I@=O=5 #J= -5B589FI DC8 ?@5GCA IF6FC> C8 J9@>59 ;C8=B98C?5NI>9?5?C>9IDF5JC#JC
G
+(/0(*#&'
-5B589F 6=C CGC65 CJ@5OH9B5 N5 F5GDC@5;5B>9 :=B5B7=>G?=A GF98GHJ=A5 ?F98=H5 "MDC 65B?9%@5;9B:IFH Ũ(5GH5JBCB5B5O8CD=GC8 J9@>59 ;C8=B9?5C=05OC8;CJCFC8 J9@>59 ;C8=B9AC@=AC05G85GI?@58BCHC7= /;CJCF5CN5>AIG5GHF5BCA65B?CA ?5C=B5J989BC;05O9;8CD=G5J=?5CCJ@5OH9B=DCHD=GB=?IDIH=H9GHF5BC>65B7=8CD=G ųB5@C;N5?CF=OH9B>9?F98=H5G@>9899;G58FU5>5 Ũ)J=A9DCHJF¡I>9ACGJ9B5JC89=ND=GA5?C>905A>9IDIH=CA=B=GH5F:=B5B7=>5 ,9DI6@=?9"FJ5HG?9;CGD *F?5H9B5GH5JBCB5HCD=GACAC@=ACDF9A5@5B?I =
/;CJCF5CN5>AI85B5AG5J5@IHCAƩ85HIACA J9@>59 ;C8=B9C8C6F=H9 I?IDB==NBCG?F98=H5 A=@=>IB5.-I.-H985N5H5>=NBCGC8C6F=H9B5OF5IB?C8 05G H985B5GCC8C6F9B>I=NJ>9GH=H9űGHC>=IIDIH=?C>I>9%I@=O=DCG@5C-5B589FI
J9@>59 ;C8=B9 ?5?C 6= 85B5OB>= 9F AC;5C CD9F57=CB5@=N=F5H= =GD@5HI?F98=H5"MDC65B?90@58=
fÔl^1_ Sanader #N CJC; >9 8CD=G5 F5NJ=8BC ?5?C >9 IDF5JC #JC -5B589F 6=C DCHD=GB=? H5>BC; F5IB50@589,9DI6@=?9"FJ5HG?9?C8"MDC65B?9%@5;9B:IFHG5?C>9;>9?F98=HC8 A=@=>IB55IGHF=>G?=<O=@=B;5HC6CU9?CF=OH9BN5B565J?959 ;C8=B9IDI9BCGC6BC#J=-5B589FI 8C?5NI>9IDF5JCCJ9HJF8B>9 /DF5JC>9-5B589F6=C>98=B=DCHD=GB=?H5>BC;0@58=BC;F5IB5?C8"MDC65B?9 %@5;9B:IFHDC86FC>9AF5IB5 B5?C>9;>9 J9@>59 ;C8=B9DCCGBCJ= ?F98=H5"MDC65B?90@58=,"ID@59BC A=@=>IB5H=GI55IGHF=>G?=<O=@=B;5
i '9¡IH=A B5GH5J5? H5>B9 8C?IA9BH57=>9 G?CA DCG@I G5 "MDC 65B?CA %@5;9B:IFH I?5NI>9B5GIAB>=J9:=B5B7=>G?9HF5BG5?7=>9 /;CJCF 0@589 = "MDC 65B?9 %@5;9B:IFH DCHD=G5B >9 B5=A9 G=>9B>5 ;C8=B9 5 DF9A5 8C?IA9BH57=>= ?C>CA F5GDC@5U9AC J9 >9 J9@>59 ;C8=B9 "MDC65B?5%@5;9B:IFHCHJCF=@5H5>B=F5IB9A>9 CDIBCAC9B=?6=C#JC-5B589FH9>9B5H5>F5IB=GD@59B7>9@C?IDB==NBCGI;CJCF9BC; ?F98=H5 .C8C?5NI>9=C65J=>9GH"MDC65B?9%@5;9B:IFH?C>IGIIDIH=@=H9@9:5LCA#J= -5B589FI J9@>59 ;C8=B9 "FJ5HG?50@585A9¡IH=AH9? HF5JB>5 ;C8=B98CBCG=C8@I?IN5?IDB>I B9?F9HB=B5N5DCHF9698=D@CA5HG?C?CBNI@5FB=<DF98GH5JB=OH5J5,9DI6@=?9"FJ5HG?9 5B5 GFDB>5 0@585 >9 8CB=>9@5 >CO >985B N5?@>I5? C C8C6F5J5B>I ?IDCDFC85>9 8C85HB=< B9?F9HB=B5 N5 DCHF969 8=D@CA5HG?C ?CBNI@5FB=< DF98GH5JB=OH5J5
G
!KI=CKF*=NCAPEÚ
aÓÔÔv~~z°l ^dX¯v~~{°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Ũ/ DF=J=H?I 8CD=G5 8CGH5J@>5AC 05A B5 F9;=GHF57=>I *F=>5JI C N5?@>I9BCA ?F98=HBCA DCG@I B5 =NBCG C8 .- ƩC6F5N57 %4 N5>98BC G5 F95@=N57=>CA ?CF=OH9B>5 ƩC6F5N57 %4 = DF=D585>I9 C6F5N79 %4ű GHC>= I 8CD=GI ?C>9;>9*F=JF98B565B?545;F96IDIH=@5"FJ5HG?C>B5FC8BC>65B7=)8>9@I?F98=HB=< DCG@CJ5G=BCN9AGHJCA85B5 DFCG=B75 ;C8=B9 *F=>5JI >9 DCHD=G5@5 H585OB>5 8=F9?HCF=75 =F9?7=>9 ?F98=HBC ;5F5BHB=< DCG@CJ5 *F=JF98B965B?945;F96-5B>5FCB=
f^dX¯ 09 DFCG=B75 ;C8=B9 *F=JF98BC> 65B7= 45;F96 IDI9B >9 C8;CJCF "FJ5HG?9B5FC8B965B?9-9?HCF5N5=GHF5U=J5B>5=GH5H=GH=?I=F9?7=>9N5GH5H=GH=?I?C>= B98JC>69BCI?5NI>9B5AC;I9B9N5?CB=HCGH=CJ5?JC;:=B5B7=>G?C;5F5BUA5B50@589 G5"MDC65B?CA%@5;9B:IFH Ũ*=GACA *F=JF98B9 65B?9 45;F96 8 8 C8 DFCG=B75 ;C8=B9 DCG@5B5 B5A>9B5F9;=GHF57=>I8C?IA9BH57=>5N5DF98A9HB=?F98=HB=DCG5C / D=GAI >9 B5J989BC 85 G9 DF=@5U9 = )8@I?5 0@589 ,9DI6@=?9 "FJ5HG?9 C 89J=NBCA N58IU9B>I ?C>I A9¡IH=A B=GAC DF=A=@= B=H= B5A >9 DCNB5HC 85 >9 CB5 8CB9G9B5?5COHC>9HCDF98J=¡9BCGH5J?CA @5B?5 45?CB5C?F98=HB=ADCG@CJ=A5 G=BCN9AGHJCAűGHC>=I8CD=GI"(5C8 DFCG=B75 ;C8=B9?C>9;>9DCHD=G5@5 H585OB>5N5A>9B=758=F9?HCF5=F9?7=>9N5GH5H=GH=?I"(5%5FA9B$9F5?%F=NA5B= "FJ5HG?5B5FC8B565B?5>98FI;=AF=>9=A5N5?@>I=@5?5?C>9?F98=HB=DCG5C
G
+(/0(*#&'
0@589G5"MDC65B?CA%@5;9B:IFHI;CJCF9B==NJFO9BDFCH=JBCC8F9865A545?CB5C ?F98=HB=ADCG@CJ=A5G=BCN9AGHJCA -F98=OB>5 ACB9H5FB5 J@5GH C=HC >9 H585 GA5HF5@5 85 >9 CJ5?JC N58IU=J5B>9 8FU5J9?C8"MDC65B?9%@5;9B:IFHB9N5?CB=HC
e*Ó0 )GH5>9A9¡IH=A;@5JB5B9DCNB5B=75OHCG9G5;CHCJC A=@=>IB55GIHF=>G?=< O=@=B;58C;5¡5@CB5H5>BCAF5IBI9A DIB9 8J=>9 ;C8=B9 ?C@=?C GF98GHJ5 B=GI F9;=GHF=F5B5 ?C8 "FJ5HG?9 B5FC8B965B?9B=H=GIIHFCO9B5N5B5A>9BIDC8C8@I7=0@589 -JCHCJF=>9A9DCHD=GB=? CJC;H5>BC;F5IB5=CGC65?C>5>9CJ@5OH9BCF5GDC@5;5@5CJ=A?F98=HB=AGF98GHJ=A5 6=C>985B5OB>=DF9A=>9F#JC-5B589F 46C; 9;5 CJ5 GF98GHJ5 = DCG5C DIB9 8J=>9 ;C8=B9 B=GI F9;=GHF=F5B= GI?@58BC N5?CBG?=AC8F9865A5?C8"FJ5HG?9B5FC8B965B?9'CU85N5?@>I5?"(5?5?C G9F58=C?FO9B>I45?CB5C?F98=HB=ADCG@CJ=A5G=BCN9AGHJCA8CJC@>BC;CJCF=G5A5 N5 G969 =B>9B=75 >9 85 G9 GDF9;5 =B5GH5J=@5=B5?CBCJC;H5>BC;DCG@5 'CU85 IDF5JC N6C; CJ5?J=< H5>B=< I;CJCF5 G5 "MDC 65B?CA I ?C>=A5 >9 GI8>9@CJ5CDF9A=>9F#JC-5B589F"MDC@D98F=55B?85B5GI"FJ5HG?C>IU=J5J=GC?= GHID5B>DC@=H=?9N5OH=H95#JI-5B589F5IHC>65B7=CHJCF9BCCG@CJ@>5J5>IŨDF=>5H9@>9A ?I9ű
BAN=%ULKġ3H=@=OQ@FAHKR=H=QGNERKPRKNAJFQ>EH=J?=%ULK >=JGA *C85H7= ?C>=A5 F5GDC@5U9 (979BNIF=F5BC 7CA 8C?5NI>I ?5?C >9 "MDC @D9 8F=55B?58 8 45;F96IGJC>=A6=@5B75A5=DCG@CJB=A?B>=;5A5@5UBCDF=?5N=J5@5 =BCN9ABI N58IU9BCGH 65B?9 C8BCGBC ?F98=HBI =N@CU9BCGH 65B?9 ?C8 G5AC >98BC; =BCN9ABC; ?F98=HCF5 "MDC @D9 8F=5 5B? ! %@5;9B:IFH =A9 GI H9 8J=>9 65B?9 I8CG@IBC I;FCN=@9GH56=@BCGHG?C;GIGH5J5 /A=>9O5BCGH0@589IŨ:9FI"MDCű DF9A5B5O=A=NJCF=A5CN6=@>BCN56F=B>5J5/58A=B=GHF57=>IIFIL9@@9GI "FJ5HG?5 >9 0@585 B5=A9 GI8>9@CJ5@5 I ?F=JCHJCF9B>I 6=@5B75 = DCG@CJB=< =NJ>9O5"MDC@D98F=55B?98 8 45;F96?5?C6=?FCNH5?C?F=JCHJCF9B9=@5U=F5B9 DC85H?9 @5UBC DF=?5N=J5@5 J=G=BI G?C; 8I;5 H9 ?F98=HBI =N@CU9BCGH DF9A5=BCN9AB=A?F98=HCF=A5 *C85H7=?C>=A5F5GDC@5U9AC8C?5NI>I?5?C>90@585C8 ;C8=B98C85B5G
G
!KI=CKF*=NCAPEÚ
NB5@5N5CF;5B=N=F5B=65B?5FG?=?F=A=B5@I"MDC65B7=5@=B9G5AC85B=>9DC8IN9@5 B=OH5B5GDF=>95J5B>I85@>B>9?F=A=B5@=N57=>965B?5FG?C;GIGH5J5I"FJ5HG?C>J9>9= G5A50@585GI8>9@CJ5@5B5B5>J=OC>F5N=B=ICJ5?J=AB9N5?CB=H=AF58B>5A5
Krivotvorenje poslovnih knjiga 5? HF= DCG@CJB9 ;C8=B9 "MDC @D9 8F=5 5B?5 8 8 45;F96 I 8C;CJCFI G5 "MDC @D9 8F=5 5B? ! %@5;9B:IFH ?F=JCHJCF=@5 >9 GJC>5 :=B5B7=>G?5 =NJ>9O5 6=@5B79=DCG@CJB9?B>=;9?5C=DF=>5J9=BCN9ABC;N58IU=J5B>5?C8"FJ5HG?9B5FC8B9 65B?9=A9>9B9G5AC@5UBCDF=?5N=J5@5J@5GH=HI?F98=HBI=N@CU9BCGH=N58IU9BCGHI =BCN9AGHJIJ9>9H5?JC?F=JCHJCF9B>9DCG@CJB=<?B>=;5IH>975@C=B5@5UBCDF=?5N=J5B>9 J=G=B9G?C;8I;5
[kÖ*W^0 =B>9B=75 85 GI G9 CJ5?J9 CD9F57=>9 I "MDC 65B7= 8C;5¡5@9 I 8C;CJCFI = G5 NB5B>9A I #J9 -5B589F5IDF9;CJCF=A5G5IFCDG?CAIB=>CA FIL9@@9G 6= B5=A9 N6C; I=B?5 B9N5?CB=H=< :=B5B7=>G?=< CD9F57=>5 = DF5B>5 BCJ75 DF9?C "MDC 65B?9 I "FJ5HG?C> = IGHF=>= AC;5C ?5?C 8CNB5>9AC B5@CU=H= GJC>=AB58@9UB=A=BGH=HI7=>5A5A9¡IB5FC8BI=GHF5;ICŨ:9F="MDCűDCG96BCN6C; CGBCJ5B9GIAB>9?5?C>90@585DCG96B=AH5>B=A5F5BUA5B=A5G5"MDC@D98F=5 65B?CA ?5?C I "FJ5HG?C> H5?C = GF98=OB>=7CA I %@5;9B:IFHI DF9OIHBC C8C6F5J5@5 B9N5?CB=H9:=B5B7=>G?9CD9F57=>9=DF5B>9BCJ75DF9?CH5>B=<F5IB5IHC>65B7= .5?C>9IGDF?CG=B>9B=7=85DCGHC>=DCHD=G5B/;CJCFGIGHF=>CACGIF58B>=B5 CJ5?J=A=GHF5;5A5=DCJ>9F@>=JI8C?IA9BH57=>IC ?F=A=B5@II"MDC65B7=DF=>9;C8=BI85B5?585>95IGHF=>G?=D5F@5A9BHDF98DCG96B=A DCJ>9F9BGHJCA=GHF5U=J5CDCG@CJ5B>9"MDC65B?9IIGHF=>=="FJ5HG?C>
aËppÔ .=>9?CA DCG@CJB=< ;C8=B5 = "MDC @D9 8F=5 5B?5 8 8 45;F96 CHJCF9BC >9 IN NB5B>9 B58@9UB=< =BGH=HI7=>5 DCG@CJ5@5 DFCH=JBC C8F9865A5 45?CB5C65B?5A5=45?CB5CF5IBCJC8GHJI /GDF?CG =B>9B=7= 85 >9 N5 CJ5?JC B9N5?CB=HC DCG@CJ5B>9 8C?IA9BH=F5B5 G5NB5B>5=A5@5="FJ5HG?5B5FC8B565B?5I8C;CJCFIG55BG?=A8JCF=A5;IJ9FB9F W9@>?C ,C<5H=BG?= C86=C >9 DF=A>9B=H= N5?CBG?9 A>9F9 DF9A5 "MDC 65B7= =A9 >9 CHJCF9BCN5OH=H=CCF;5B=N=F5B=65B?5FG?=?F=A=B5@=DF5B>9BCJ75IHC>:=B5B7=>G?C>?I=
d Ê^WWXW]a )8C6F9B9 ?F98=H9 DC CGBCJI I;CJCF5 C H=9@I " 8 8 45;F96 B9N5?CB=HC >9 9J=89BH=F5@5 B5 F5IBI Ʃ89J=NB= ?F98=H= C8C6F9B= 8CA5=A DF5JB=A CGC65A5 ?5C I8>9@9 I G=B8=7=F5B=A ?F98=H=A5 ?C>= GI D@5G=F5B= 8CA5=A DF5JB=ACGC65A55DF9A545?CBI>9HF965@5H9?F98=H9?B>=U=H=B5F5IBI ?5C
G
+(/0(*#&'
89J=NB9?F98=H9C8C6F9B9GHF5BC>:=B5B7=>G?C>=BGH=HI7=>==HC=NF5N@C;5OHCG8CA5=A DF5JB=A CGC65A5 B=H= I >98BCA HF9BIH?I B=>9 =A5@5 I;CJCFBC F9;I@=F5B9 C8BCG9 5 G5A=I;CJCF=CH=9@IGIDCGJC>9AG58FU5>I8JCGHF5B=DF5JB=DCG@CJ=N5?@>I9B= G5 =BCN9ABCA :=B5B7=>G?CA =BGH=HI7=>CA = I =GH=A5 GI IF9¡9B5 A9¡IGC6B5 DF5J5 = C6J9N9=G?@>I=JC=NA9¡I8CA59=GHF5B965B?9 "FJ5HG?5 B5FC8B5 65B?5 IGDF?CG =B>9B=7= 85 >9 =A5@5 =NJ>9O5 = DC85H?9 C CJ=AB9N5?CB=HCGH=A5B=>9DC8IN9@5N5?CBCADF98J=¡9B9A>9F9N5G5B?7=CB=F5B>9= =GDF5J@>5B>9CJ=<B9N5?CB=HCGH= -IDFCHBC45?CBI"(=;IJ9FB9FW9@>?C,C<5H=BG?=DC?F=J5@=GIB9N5?CB=HCGH= I"MDC@D98F=55B7=8 8 45;F96?5C=B>9N=B9B9N5?CB=H9DCG@CJ9G5GF98=OB>=7CA I%@5;9B:IFHI
d ÊÊ )G=AB5J989B=<B9N5?CB=HCGH="MDC@D98F=55B?58 8 45;F96B9N5?CB=HC >9I=NJ5B6=@5BB=A9J=89B7=>5A5?B>=U=@5;5F5B7=>9DCG@CJB=<65B5?58FU5JB5>5AGHJ5 =<=DCH9?9=5?CGIB5G@CJ@>9B9==N85B9I?CF=GH"!%@5;9B:IFH?5C=BGHFIA9BH9 CG=;IF5B>5B5D@5H9DCHF5U=J5B>5DF=A@>9B9IGJC>I?CF=GH -I89= DF9A5 CJ=A B9N5?CB=HCGH=A5 DCGHC>9 CN6=@>B= 8C?5N= ?5?C >9 "MDC 65B?5 I GIF58B>= G5 0@58CA = "FJ5HG?CA B5FC8BCA 65B?CA DF9?FO=@5 C8F9869 @5B?5 45?CB5C65B?5A5C8F9869HC?9## )8@I?9C?CBHBCAD@5BIN565B?9 H9C8F9869@5B?5 = 45?CB5CF5IBCJC8GHJI *CGHC>9=8C?5N=?5?C>9"8 8 45;F96IGIF58B>=G5"!%@5;9B:IFH 0@58CA,9DI6@=?9"FJ5HG?9="FJ5HG?CAB5FC8BCA65B?CA?B>=U9B>9AC8C6F9B=< ?F98=H5DCCGBCJII;CJCF5CH=9@I?5CI8>9@5IG=B8=7=F5B=A?F98=H=A5?C>= GI D@5G=F5B= 8CA5=A DF5JB=A CGC65A5 5 B9 ?5C ?F98=H5 C8C6F9B=< GHF5BC> 65B7= 5B?5DF=?F=@5GHJ5FBIDF9J9@=?I=N@CU9BCGHDF9A5>98BC>CGC6=J9=BG?CAJ@5GB=?I GHF5BC>65B7==A9GI=NF5JBCDF9?FO9B9C8F9869@5B?5 = 45?CB5C 65B?5A5 46C;6@=G?=<DCG@CJB=<=:=B5B7=>G?=<J9N5G5DF9A=>9FCA#JCA-5B589FCAH9 N6C; J=GC?9 ?F98=HB9 =N@CU9BCGH= 8FU5J9 DF9A5 "MDC 65B7= 0@585 = "( DF=?F=J5>I J9 ;C8=B5A5 CF;5B=N=F5B= ?F=A=B5@ = DF5B>9 BCJ75 DF9?C "MDC @D9 8F=5 5B?9 8 8 45;F96=DF9?CH5>B=<F5IB5I%@5;9B:IFHI -585=B=G9J=O9B9AC;IDF=?F=J5H= =GH=BI=DC85H?9CIA=>9O5BCGH=0@589=B5>J=O=<8FU5JB=<8IUBCGB=?5IA9¡IB5FC8B= CF;5B=N=F5B=?F=A=B5@=DF5B>9BCJ75 /@C;5#J9-5B589F5=0@589ICJ=AB9N5?CB=HCGH=A5>5G5BGINB5?B58@9UB=A H=>9@=A5IFCDG?9IB=>9?5?C>9DCHF96BCIGDCF=H=DCGHID5?5I DIBCDF5JBC@5BGHJCOHC>9/=B5>5J=@5DFC7>9B5A5?5?C"FJ5HG?5DF=>9 ;C8=B9 C6>9?H=JBCB99AC=DCGH5H=DIBCDF5JBCA@5B=7CA/B=>9
G
!KI=CKF*=NCAPEÚ
-N=JFAIREĊAK@IEHEF=N@=GQJ=LNAGK%ULK>=JGA JAV=GKJEPKLKRAÚ=R=JR=JFOGE@QC%NR=POGA Ũ:9F5 "MDCű HCB=>9 =B>9B=75 85 (979BNIF=F5BC 7CA C6>5J@>I>9 DC85H?9 C DCJ9N5BCGH= B5>J=O=< =BGH=HI7=>5 J@5GH= G5 DF5B>9A BCJ75 = ?F=A=B5@CA I "MDC @D9 8F=55B7=I"FJ5HG?C>INB9A=F=@5>95BG?98JCF9?C>=G585DC?IO5J5>IF5N@==H=A DF=H=G7=A5 GDF=>9=H= 85@>B>9 C65J@>=J5B>9 DC85H5?5 C CF;5B=N=F5BCA 65B?5FG?CA ?F=A=B5@II"MDC65B7= ,5N@C;HCAI>9==B>9B=7585>90@585,9DI6@=?9"FJ5HG?9 6=@5 5?H=JBC I?@>I9B5 I B9N5?CB=HC DCG@CJ5B>9 " 8 8 45;F96 H9 I :=B5B7=>G?9 CD9F57=>9DF9?C"MDC65B?9?C>=A5>9B9N5?CB=HCDCJ95J5BJ5B>G?=8I;"FJ5HG?9
ja1 Ó Hypo banke u Hrvatskoj /DF5JC >9 H5>BC =BCN9ABC N58IU=J5B>9 "MDC @D9 8F=5 5B?9 8 8 45;F96 ?C8 B>9N=B9 A5H=B9 65B?9 I %@5;9B:IFHI CN6=@>BC I;FCN=@C GH56=@BCGH G?C; GIGH5J5 N6C; G5A9 =B>9B=79 85 GI =BCN9AB= ?F98=H= =N %@5;9B:IFH5 6=@= ;@5JB= =NJCF @=?J=8BCGH= "MDC @D9 8F=5 5B?9 8 8 45;F96 5@= = N6C; B9N5?CB=HC; ?B>=U9B>5H=<?F98=H5N6C;9;5>9H5?JCAB9N5?CB=HCA=F=N=BCA?F98=HBCA=N@CU9BCGH= DF9A5"!%@5;9B:IFH"MDC65B?5I"FJ5HG?C>8CJ9@58CB9N5?CB=HC;DCJ95B>5 J5B>G?C;8I;5"FJ5HG?9
l *Ê0Ë organizirani bankarski kriminal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
j^WWXW]a^WWX°°p*0 vi!e od 11 milijarda kuna /DF5JCCJ5?J9:=B5B7=>G?9CD9F57=>9I?5NI>I85>9N5DF5JC"MDC@D98F=5 5B?!%@5;9B:IFHGJC>=A:=B5B7=>G?=ACD9F57=>5A5=?F98=HB=AD@5GA5B=A5DF9?C
G
+(/0(*#&'
"MDC@D98F=55B?98 8 45;F96DFCJC8=@5JF@CGC:=GH=7=F5B9CD9F57=>9DF5B>5BCJ75 ?F=A=B5@BC;DCF=>9?@5 *C85H7=?C>=A5F5GDC@5U9AC8C?5NI>I?5?C>9IJF9A9BIC8 DFCG=B75 ;C8=B98C ?C@CJCN5 ;C8=B9IH5?J=A:=B5B7=>G?=ACD9F57=>5A5=N%@5;9B:IFH5 DF9?C65B?9?9F=I45;F96IŨCDF5BCűJ=O9C8>985B59GHA=@=>5F85?IB5 "MDC@D9 8F=5 5B?5 8 8 45;F96 >9 B5>J9=A 8=>9@CA N58IU=J5B>9A I =BCN9AGHJI J9@=?CA J9=BCA?C8A5H=B965B?9"!%@5;9B:IFHCG=;IF5J5@5=NJCF9:=B5B7=F5B>5N5 :=B5B7=>G?9?F98=H9Ʃ;FID5?CBH589DCN=H9Ʃ;FID5?CBH5=8I;CFCB989DCN=H9 ?C>==A5>I?5F5?H9F8CDIBG?C;?5D=H5@5Ʃ?CBHC
<=6F=8B==BGHFIA9BH= #NBCGH5?JC;N58IU=J5B>5?C8"!%@5;9B:IFHI ;C8=B==NBCG=C>9 A=@=>5F89A=@=>IB5 H=GI5?IB5I ;C8=B==NBCG=C>9A=@=>5F89 A=@=>IB5 H=GI5?IB55I G9H5>=NBCGNB5HBCDCJ95CB5A=@=>5F89 A=@=>IB5H=GI5 ?IB5 457>9@C?IDBCN58IU=J5B>965B?9I=BCN9AGHJI J>9FCJB=?>9A5H=B565B?5I%@5;9B:IFHI
a *CG96BC>9N5B=A@>=J5GHFI?HIF5F5GDC8>9@9:=B5B7=>G?=<GF98GH5J5H5?J=<?F98=H5 I"MDC65B7=I"FJ5HG?C> 9J=NB5GF98GHJ5C8=BCN9ABC;N58IU=J5B>5"MDC65B?5I"FJ5HG?C>?CF=GH=@5 >9N5G@>9899 DF=>9JF9A9B9CHD@5H9F5B=>9N5?@>I9B=<?F98=H5?F98=HCFI"MDC@D98F=55B? !%@5;9B:IFH DF=>9JF9A9B= DCJF5H 89DCN=H5 ?C>9 >9 8FU5@5 " ! %@5;9B:IFH ?C8 " 8 8 45;F96 ?F98=H=F5B>9DF5JB=<CGC65IN9A@>= ?F98=H=F5B>9GH5BCJB=OHJ5 N5H9?II@=?J=8BCGH65B?9 N5@=?J=8BCGHID@55B>=A5G5=BCN9AGHJCA N5?CBJ9FN=>I8=>9@589J=N5DCJI9B=<?F98=HCAN5?IBG?I@=?J=8BCGH65B?9
X ÔÊ Ô FI;=A F=>9=A5 "MDC 65B?5 I "FJ5HG?C> 6=@5 >9 8C6FC CGA=O@>9B5 DF5CB=75 B9N5?CB=HC;BCJ75G5H5>B=<F5IB5I%@5;9B:IFHI?C>=GID@5G=F5B=I:=?H=JB9=BJ9GH=7=>9 I "FJ5HG?C> DF9?C :=?H=JB=< ?F98=H5 G5 65B?CA ?9F= C8BCGBC "MDC @D9 8F=5 5B?CA8 8 45;F96 *C85H7= =N H5>B9 8C?IA9BH57=>9 "MDC 65B?9 =NJ5B GJ5?9 GIAB>9 I?5NI>I B5 =B>9B=7I85"MDC65B?5I"FJ5HG?C>B=H=I>98BCAHF9BIH?IB=>9=A5@5GHJ5FB=BCJ57 B5F5GDC@5;5B>IC8BCGBC"8 8 45;F96>9C8GJC>9;CGBIH?56=@5IB9@=?J=8BC>
G
!KI=CKF*=NCAPEÚ
DCN=7=>=5C8FU5J5@5G9?5C=B>9N=B9:=B5B7=>G?9CD9F57=>9=G?@>I=JCB5B9N5?CB=HCA ?F98=H=F5B>I I =BCN9AGHJI C8BCGBC C8 A5H=B9 "MDC @D9 8F=5 5B? ! %@5;9B:IFH .5?C "MDC 65B?5 =B= G9 DF9A5 F5GDC@CU=J=A DC85H7=A5 =A5 B5 98=BGHJ9BIDCN=7=>I .C >9 65B?5 69N J@5GH=H9 @=D9 B5 F5IBI ?C>5 =G?@>I=JC G@IU= ?5C DF5CB=75 B9N5?CB=HC;BCJ75G5H5>B=<F5IB5I=BCN9AGHJI?C>=G9?5C:=?H=JB=?F98=H=A5H=B9 65B?9D@5G=F5>I=D9FIDF9?C"MDC65B?9I45;F96I
iÔ Ê^ operacije pranja novca )8F9¡9B9GD97=:=BCGH==BCN9ABC;N58IU=J5B>5"MDC@D98F=55B?98 8 45;F96 I?5NI>I ?5?C G9 F58=@C C :=B5B7=>G?=A CD9F57=>5A5 DF5B>5 BCJ75 /DF5JC 6= H5?J9GD97=:=BCGH=I6=@C?C>C>C8N9A5@>5IFCDG?9IB=>96=@9GA5HF5B9=B8=?5HCF=A5 DF5B>5BCJ75 #NH=<F5N@C;5B5?CBOHC>9IGHF=>5DC?F9BI@5=GHF5;IC?F=A=B5@II"MDC65B7= I%@5;9B:IFHI=B>9N=B=AGIAB>=J=ACD9F57=>5A5I"FJ5HG?C>0@585#J9-5B589F5>9 N5DC9@5J9@=?ICD9F57=>IDF=?F=J5B>58C?5N5I:9F="MDC (=H=>985B8C?IA9BH?C>= 6= 8C?5N=J5C ?F=A=B5@B9 CD9F57=>9 B=?585 B=>9 8CO5C 8C 5IGHF=>G?=< =GHF5UB=< H=>9@5 IGDF?CG =B>9B=7= 85 >9 "FJ5HG?5 G IGHF=>CA =A5@5 DCHD=G5B 6=@5H9F5@B= GDCF5NIA C GIF58B>==F5NA>9B=DC85H5?5=8C?IA9BH57=>9ICJ5?J=AG@I5>9J=A5 46C; IA=>9O5BCGH= B5>J=O=< 8FU5JB=< 8IUBCGB=?5 "FJ5HG?9 I :9FI "MDC HNJ ŨCGG=9F "MDCű G5 8C?IA9BH57=>CA ?C>5 >9 G585 I DCG>98I (979BNIF=F5BC 7CA DFC;@5O9B>9I"FJ5HG?C>B5>GHFCU9IJ5BCA8FU5JBCAH5>BCA
Indikatori za pranje novca u Hypo banci #BCN9ABCN58IU=J5B>9"MDC@D98F=55B?98 8 45;F96=A5@C>9G@>9899 GD97=:=BCGH=?C>9I?5NI>IB5CD9F57=>9DF5B>5BCJ75 I?IDBCN58IU9B>965B?9C8BCG=G9B5>98BC;J>9FCJB=?5"!%@5;9B:IFH C8BCGBCA5H=BI65B?I GJ5?=?F98=H=89DCN=H=A5>II;CJCFBC89:=B=F5BCHD@5HB=D9F=C8B5B5=B85G9 ;@5JB=75CHD@5I>9B5?F5>IFC?5HF5>5B>5?F98=H558CH585G9B57>9@C?ID5B=NBCG C8C6F9BC;?F98=H5D@55?5A5H5 J9=B5?F98=H5=89DCN=H5CHD@59B5>9DF=>9JF9A9BCI;@5JBCABCJ=A?F98=H=A5 ?C8A5H=B965B?9 =BCN9ABCN58IU9B>965B?9>9B5>NB55>B=>=8=CD5G=J9Ʃ=NJCF565B?9 C6N=FCA 85 G9 D5G=J5 65B?9 ;FID=F5 DC FCBCGH= 5 FCBCGH G9 IHJF¡I>9 85BCA N5?@>I9B>5 N58IU9B>5 ?CBH=BI=F5B9 DF=>9JF9A9B9 CHD@5H9 A=>9B>5>I GHFI?HIFI FCBCGH=D5G=J9 N6C;?CBH=BI=F5B=<DF=>9JF9A9B=<CHD@5H5=BCN9ABC;N58IU9B>565B?9D5G=J5G9
G
+(/0(*#&'
I?F5H?CAFC?IA=>9B>5@5B9?C@=?CDIH58C?G9FCBCGH5?H=J9B9A=>9B>5 ?CBH=BI=F5B9DF=>9JF9A9B9CHD@5H9DF=?F=J5>IDF5JIFCBCGH=NJCF5CB=GI?F59; FC?5C8D@5GA5B5D5DF=>9JF9A9B5CHD@5H5G5ACN5A=>9B=GH5F=?F5H?CFCB==NJCF N5BCJ=?F5H?CFCB==NJCF HF5BG5?7=>9DF=>9JF9A9B=<CHD@5H5?F98=H5=89DCN=H5=B>=5F95@=N=F5>I G9IJ=>9?B5=GH=85B==NBCG=89J=NB=<GF98GH5J5?C>5G9JF55>I=?C>5G9DCJ@59 ACF5>I6=H=DF=6@=UBC>98B5?=856=G9N5A>9B5D5G=J9AC;@5F95@=N=F5H= N6C;:IB?7=CB=F5B>5@=?J=8BCGH=DCB5J989BCADF=B7=DI65B?5?9F?CBH=BI=F5BC >9DCJ95J5@56FC>DCJ9N5B=<CGC65?C>=A5A5H=75C8C6F5J5?F98=H95DCJ@59G9 B589J=NB=F5IB?C865B?9?9F=H5?C¡9FGII9GH5@==DCJF5H=?F98=H5DCJ9N5B=< CGC65DF9?C65B?9?9F=A5H=7= GJ9 HF5BG57?=>9 DF=>9JF9A9B=< CHD@5H5 F95@=N=F5>I G9 IJ=>9? DF9?C 8J=>9 ?CBHC?CF9BHB9 65B?9 HF5BG5?7=>9 I OJ=75FG?=A :F5B7=A5 ?C8 /B=CB 65B? C: -K=HN9F@5B8 I 4IF=79 I 9IF=A5 ?C8 5M9F=G7<9 &5B89G65B? ! 'IB7<9B IHF5BG5?7=>9J9N5B9N5HF5BG:9F9C8A5H=79=?9F=I6F5>5>IG9=C8C6F9B>5?F98=H5 DCJ9N5B=ACGC65A5B5B>=
iÔ^ "FJ5HG?5 B5FC8B5 65B?5 = 0@585 ,9DI6@=?9 "FJ5HG?9 =A5>I DC85H?9 C GJ=A CJ5?J=A GIAB>=J=A HF5BG5?7=>5A5 5@= >9 DC B5@C;I #J9 -5B589F5 GJ=A B58@9UB=A =BGH=HI7=>5A5B5F9¡9B5DCHDIB5N5OH=H5"MDC65B?9=B>9N=B=<:=B5B7=>G?=<CD9F57=>5 I"FJ5HG?C> /A>9GHCDFC79GI=F5B>565B?5FG?9A5:=>9I"MDC65B7==CB=<?C>=G9?F=>I=N5 CJ5?J=<B9N5?CB=H=<CD9F57=>5DF5B>5BCJ75-5B589F>9B5@CU=C=GHF5;IDFCH=JDCFH5@5 (979BNIF=F5BC 7CA B>9;CJ5 IF98B=?5 = BCJ=B5F5 ?5?C 6= CH?F=C H?C = B5 ?C>= B5=B 8CGH5J@>5DC85H?98C?IA9BH9==B:CFA57=>9C:9F="MDC
BAN=%ULKġ#EGPERJEGNA@EPE%ULK>=JGA(H=CAJBQNPOHQĜEHE G=KLKGNEÚAV=LN=JFAJKR?= *C85H7= C ?F98=H=A5 N58IU9B>5 "MDC @D9 8F=5 5B?9 8 8 45;F96 ?C8 A5H=B9 "MDC @D9 8F=5 5B? ! %@5;9B:IFH CH?F=J5>I B=N B9N5?CB=HCGH= I =BCN9ABCA N58IU=J5B>I "MDC 65B?9 ?C>9 I?5NI>I B5 CD9F57=>9 DF5B>5 BCJ75 G5 H5>B=< F5IB5 I %@5;9B:IFHI :=?H=JB=A ?F98=HB=A CD9F57=>5A5 DF9?C 65B?9 ?9F= I "FJ5HG?C> (979BNIF=F5BC 7CA9?G?@IN=JBCC6>5J@>I>9DC85H?9C:=?H=JB=A?F98=H=A5= :=B5B7=>G?=ACD9F57=>5A5DF5B>5BCJ75DF9?C"MDC@D98F=55B?98 8 45;F96
G
!KI=CKF*=NCAPEÚ
fÔa /DCG>98IGACDCD=G5GJ=<GIAB>=J=<?F98=HB=<HF5BG5?7=>5=NA9¡I"MDC@D89 8F=55B?!%@5;9B:IFH="MDC@D98F=55B?98 8 45;F96 /DF5JC GIAB>=J5 DF=FC85 CJ=< HF5BG5?7=>5 ?5C = DF9J9@=?5 = F=N=B5 =N@CU9BCGH "MDC65B?9I"FJ5HG?C>DF9A5A5H=BC>65B7=I%@5;9B:IFHI5@===B>9B=7585GICJ= ?F98=H= =G?@>I=J= =NJCF @=?J=8BCGH= "MDC 65B?9 I "FJ5HG?C> I?5NI>I 85 G9 N5DF5JC I CJ=A:=B5B7=>G?=ACD9F57=>5A5F58=@CCDF5B>IBCJ75?F=A=B5@BC;DCF=>9?@5G5H5>B=< F5IB5I%@5;9B:IFHI ?G?@IN=JBC C6>5J@>I>9AC DCD=G ?F98=H5 N5 ?C>9 G9 GIAB>5 85 G9 F58=@C C B9N5?CB=H=ACD9F57=>5A5DF5B>5BCJ75 ,9;=GH5FG?=6FC>
I;CJCF6FC>",
N5?@>I9B ;C8=B9I J=G=B=A=@=>IB5 H=GI5 9IF5G5FC?CAHF5>5B>5?F98=H58C ;C8=B9 ,9;=GH5FG?=6FC>
I;CJCF6FC>",
N5?@>I9B ;C8=B9I J=G=B= H=GI5 9IF5G5FC?CAHF5>5B>5?F98=H58C ;C8=B9 ,9;=GH5FG?=6FC> I;CJCF6FC>",
N5?@>I9B ;C8=B9I J=G=B=A=@=>IB H=GI5 9IF5G5FC?CAHF5>5B>5?F98=H58C ;C8=B9 ,9;=GH5FG?=6FC> I;CJCF6FC>",
N5?@>I9B ;C8=B9I J=G=B=A=@=>IB5H=GI5 9IF5G5FC?CAHF5>5B>5?F98=H58C ;C8=B9 ,9;=GH5FG?= 6FC> I;CJCF 6FC> ", N5?@>I9B ;C8=B9IJ=G=B= A=@=>IB5 H=GII 9IF5G5FC?CAHF5>5B>5?F98=H58C ;C8=B9 ,9;=GH5FG?=6FC> I;CJCF6FC>", N5?@>I9B ;C8=B9 IJ=G=B= A=@=>IB5 H=GI5 9IF5G5FC?CAHF5>5B>5?F98=H58C ;C8=B9 ,9;=GH5FG?=6FC> I;CJCF6FC>", N5?@>I9B
;C8=B9 IJ=G=B=A=@=>IB H=GI59IF5G5FC?CAHF5>5B>5?F98=H58C ;C8=B9 ,9;=GH5FG?=6FC>I;CJCF6FC>", N5?@>I9B ;C8=B9 I J=G=B= A=@=>IB5 H=GI5 9IF5 G5 FC?CA HF5>5B>5 ?F98=H5 8C ;C8=B9 ,9;=GH5FG?=6FC> I;CJCF6FC>", N5?@>I9B ;C8=B9I J=G=B=A=@=>IB5 H=GI5 9IF5G5FC?CAHF5>5B>5?F98=H58C ;C8=B9 ,9;=GH5FG?=6FC> I;CJCF6FC>", N5?@>I9B ;C8=B9I J=G=B=A=@=>IB5 H=GI5 9IF5G5FC?CAHF5>5B>5?F98=H58C ;C8=B9 ,9;=GH5FG?=6FC> I;CJCF6FC>", N5?@>I9B ;C8=B9 IJ=G=B= A=@=>IB5H=GI5OJ=75FG?=<:F5B5?5G5FC?CAHF5>5B>5?F98=H5
G
+(/0(*#&'
8C ;C8=B9 ,9;=GH5FG?=6FC> I;CJCF6FC>", N5?@>I9B
;C8=B9 IJ=G=B= A=@=>IB59IF5G5FC?CAHF5>5B>5?F98=H58C ;C8=B9 ,9;=GH5FG?=6FC>I;CJCF6FC>", N5?@>I9B
;C8=B9 IJ=G=B= A=@=>IB59IF5G5FC?CAHF5>5B>5?F98=H58C ;C8=B9 ,9;=GH5FG?=6FC>I;CJCF6FC>", N5?@>I9B
;C8=B9 I J=G=B= A=@=>IB5 H=GI5 9IF5 G5 FC?CA HF5>5B>5 ?F98=H5 8C ;C8=B9 C85HB5?F98=HB5N58IU=J5B>5CJ5?J=AĎ?H=JB=A?F98=H=A5C65J@>5B5GIDF9?C &" F5B?:IFH="MDC65B?9/8=B9
fËw kuna *CG96B5 GD97=:=BCGH CJ5?JC; GIAB>=JC; ?F98=HBC; N58IU=J5B>5 " 8 8 45;F96I=BCN9AGHJI=HC?C8A5H=B965B?9I%@5;9B:IFHIGII9GH5@9DF=>9JF9A9B9 CHD@5H9?F98=H5;CHCJCC8A5<DC?F98=HBCAN58IU=J5B>I -5AC?FCNH5?J9CD9F57=>9I "MDC65B7=I"FJ5HG?C>CDF5BC>9 A=@=>5F89 A=@=>IB5H=GI5 ?IB5
,CBCGH?F98=H5CHD@59B=<II;CJCF9BCAFC?I85?@9B9DF=>9JF9A9BC>9 C8;C8=BI85B5=>985B59GHA>9G97=8C8J=>9;C8=B9=O9GHA>9G97=NB5==GH= GD585>II?F98=H9G5FC?CAHF5>5B>5C8;C8=BI85B58CHF=;C8=B9 (=H=>985B?F98=H=NB58FC?5HF5>5B>5C8HF=;C8=B9B=>9CHD@59BII;CJCF9BCA FC?IB9;CI;@5JBCADF=>9JF9A9BC
h Ô Ê ^dX¯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
;C8=B9IGJC>C>9J=89B7=>=JC8=@5 O9GB59GH?F98=H5?C>=GIIGH5B>I8I;5 D989G9H?F98=H5?C>=GIDF=>9JF9A9BCCHD@59B= CG5A?F98=H5?C>=GICHD@59B=B5I;CJCF9B=85HIADCJF5H5
G
!KI=CKF*=NCAPEÚ
-985A89G9H=9H=F=I?IDBCN5?@>I9B5I;CJCF5C?F98=HI *C85H7=?C>=A5N5HCF5N8C6@>9F5GDC@5U9"FJ5HG?5B5FC8B565B?5Ʃ"(6=HBC GI8FI;5=>= C?IA9BH57=>5 "(5 C N58IU=J5B>I "MDC 65B?9 I "FJ5HG?C> DC?5NI>9 G@>9899 O9GB59GH5?H=JB=<?F98=H5 D989G9H=89J9HDF=>9JF9A9BCCHD@59B=<?F98=H5 CG5A?F98=H5CHD@59B=<B5I;CJCF9B=85HIADCJF5H5 CG5A89G9H=HF=I?IDBC9J=89BH=F5B5?F98=HB5DCG@5N58IU9B>5I8C?IA9BH57=>= "(5 #N DC85H5?5 C GHFI?HIF= CHD@59B=< ?F98=H5 DF9A5 DCJ>9F@>=JC> 8C?IA9BH57=>= "MDC65B?9F5NJ=85B>9J=GC?=DCGHCH5?DF=>9JF9A9BCCHD@59B=<?F98=H5C8 ƨI C8BCGIB5DCGHCH5?F98CJBCCHD@59B=<?F98=H5 ƨ *F9A5DC85H7=A5"(5H5>>9DCGHCH5?>COJ=O=ƨDF=>9JF9A9BCCHD@59B=< ?F98=H5IC8BCGIB5 ƨF98CJBCCHD@59B=<?F98=H5
fÓ Ó (5>J=O= DCGHCH5? ƨ C8 I?IDBC I;CJCF9B=< ?F98=H5 GI ?F98=H= G FC?CA HF5>5B>5 C8 D9H 8C 89G9H ;C8=B5 DCGHCH5? C8 ƨ C8BCG= G9 B5 ?F98=H9 G FC?CA CHD@5H9 C8 HF= 8C D9H ;C8=B5 8C? >9 B5>A5B>9 N5?@>I9B=< I;CJCF5 N5 ?F98=H9 8C HF= ;C8=B9 ƨ %F98=H=GFC?CACHD@5H98C;C8=B985B5B=GIICD9I;CJ5F5B= -5GJ=A >9C6FBIH5G=HI57=>5G5DF=>9JF9A9B=ACHD@5H5A5?F98=H5 5?ƨDF=>9JF9A9BCCHD@59B=<?F98=H5DCFCBCGH=GI?F98=H=8C;C8=B9 85B5 ƨCHD585B5?F98=H9C8>98B98CHF=;C8=B9ƨGI?F98=H=C8HF=8CD9H ;C8=B55B=>985B?F98=HB=>9CHD@59BIFC?IC8D9H8C89G9H;C8=B5 *CGHCH5?DF=>9JF9A9B=<CHD@5H5?F98=H5>9=NIN9HBCJ=GC?IC8BCGIB5F98CJB9 CHD@5H9D5CBI?5NI>9B5GIAB>I85>9I;CJCF9B5FCBCGH?F98=H5G=AI@=F5B5Ʃ:=?H=JB5 ?C8J9=B9N5?@>I9B=<I;CJCF5I?@>II>I==?F98=H9?C>=GIIGH5B>I8I;5 .CDCG96BCDCHJF¡I>9=B>9B=7585G9?FCNF5N8C6@>9C8 G=>9B>5 ;C8=B9 8C ?C@CJCN5 ;C8=B9DF=>9JF9A9B9CHD@5H9?CBH=BI=F5BCDC>5J@>I>I?FCNBCJ5 N58IU9B>5
\^ ^dX¯ Ëp )J5?J=A :=B5B7=>G?=A CD9F57=>5A5 :=?H=JB=A ?F98=HB=A I;CJCF=A5 "MDC @D9 8F=5 5B?5 8 8 45;F96 >9 IN NB5B>9 = DF9OIHBC C8C6F9B>9 "FJ5HG?9 B5FC8B9 65B?9 ;FI6C ?FO=@5 45?CB C 65B?5A5 5B?5 >9 CG=;IF5B>9A =NJCF5 N5 D@5GA5B9 H9A9@>9AI;CJCF5G5G=AI@=F5BCAFCBCGH=?FO=@5C8F9869@5B?5 GH5J5? 45?CB5 CF5IBCJC8GHJIH9C8F9869@5B?5 45?CB5C65B?5A5?C>=A>9DFCD=G5BC85>9
G
+(/0(*#&'
Ũ65B?58IUB5DCOH=J5H=A5?G=A5@B9?C9:=7=>9BH9=A5?G=A5@B9F5N=B9=N@CU9BCGH=?C>9 G9C8BCG9B5B>9N=BI5?H=JIDCB89F=F5BIF=N=BI5?H=JI==NJ5B6=@5BB9GH5J?9?5C=B5 F5N@==H9C6@=?9?5D=H5@5=F9N9FJ=?C>9ACU9DFCD=G5H="FJ5HG?5B5FC8B565B?5ű /DF5JCB5H9A9@>IC8F9865@5B?5 45?CB5C65B?5A5"MDC@D98F=5 5B?58 8 45;F966=@5>98IUB5=GDIB>5J5H==IJ>9H9?C>= G9C8BCG9B5A=B=A5@B=I?IDB==NBCG@=?J=8B=<GF98GH5J5=@=C8F9¡9B=<C6@=?5 H5?J=< GF98GH5J5 I C8BCGI DF9A5 J5@>5BCGH= =@= DFCA>9B= JF=>98BCGH= 5?H=J9 =@= C8F9¡9B=<C6@=?55?H=J9=@=IC8BCGIDF9A5JF=>98BCGH=D5G=J9 GIDFCD=G5B=N5B5GH5B5?DCG96B=<C?C@BCGH=5?C>9G9C8BCG9B5?5A5HBI GHCDIFCBCGH=CGH5@9IJ>9H9?C>=G9AC;IDF=A=>9B=H=B56=@C?C>IJFGHI=@=C6@=? ĎB5B7=F5B>5?C>=65B?9DFIU5>I=@=DF=A5>I G9C8BCG9B5N56F5B9C;F5B=9B>5=@=IJ>9H9IC8BCGIB5JFGH9=C6@=?985B=< ?F98=H5 = C8C6F9B=< I@5;5B>5 DC8I85F5B>9 I FCBCGH= = ?5A5H5A5 5?H=J9 = D5G=J989J=NB5DCHF5U=J5B>5=C6J9N9
d ^p -@=>98CA B5J989B=< DC85H5?5 G5GJ=A >9 =NJ>9GBC ?5?C >9 "MDC @D9 8F=5 5B?58 8 45;F96B9N5?CB=HCIDF5J@>5@5GJC>CA5?H=JCA=D5G=JCAC9AI>9GDCNB5>9 =A5@5 = "FJ5HG?5 B5FC8B5 65B?5 ?C>5 A9¡IH=A N6C; DC@=H=?C; DF=H=G?5 5BG?=< 8JCF5 B=>9 DC8IN9@5 DF5JCJF9A9B9 N5?CBCA DF98J=¡9B9 A>9F9 DFCH=J "MDC 65B?9 ?5C=B>9B=<C8;CJCFB=<CGC65 45?@>I=J5B>9AI;CJCF5C?F98=HIG5G=AI@=F5BCAFCBCGH=65B?5>9B9N5?CB=HC IDF5J@>5@5GJC>CAD5G=JCA=5?H=JCAHCB=>9B=>9DCG@CJ5@5DCB59@=A5@=?J=8BCGH= G=;IFBCGH= = F9BH56=@BCGH= C8F9¡9B=A5 C8F9865A5 @5B?5 45?CB5 C 65B?5A5 .5?J=A B9N5?CB=H=A DCG@CJ5B>9A "MDC @D9 8F=5 5B?5 8 8 45;F96 >9 B5F5JBC I;FCN=@5=GH56=@BCGH7>9@C?IDBC;65B?5FG?C;=:=B5B7=>G?C;GIGH5J5I"FJ5HG?C> *CG965B >9 DFC6@9A GII9GB=OHJC 9 B=H=I>98BCAHF9BIH?IB=GIDC8IN9@9N5?CBCADF98J=¡9B9A>9F9?5?C6=CG=;IF5@9 GH56=@BCGH:=B5B7=>G?C;GIGH5J5
^ Ô Ê %F98=HB=A N58IU9B>9A I =BCN9AGHJI ?C>9 G9 ?CBH=BI=F5BC CHD@5=J5@C DF=>9 I;CJCF9BC;FC?5"MDC65B?545;F96>9C8F9869@5B?5 @5B?5 =@5B?5 45?CB5 C 65B?5A5 6I8I= 85 GI DF=>9JF9A9B9 CHD@5H9 =GHC OHC = DF=?F=J9B5 FCBCGH =BCN9ABC; N58IU9B>5 5 DF=?5N5B9 FCBCGH= I D@5BCJ=A5 DC I;CJCFI C ?F98=HI GI @5U=F5B9 *F=>9JF9A9B9 CHD@5H9 G9 B9 AC;I D@5B=F5H= C6N=FCA 85 I DFCH=JBCA B=GI DF=>9JF9A9B9 )J5?J=A ?F=A=B5@B=A DCG@CJ5B>9A = CD9F57=>5A5 DF5B>5 BCJ75 "MDC 65B?5 45;F96 >9 DF9?FO=@5 = C8F9869 @5B?5 = 45?CB5 C 65B?5A5 C6N=FCA 85 N6C;
G
!KI=CKF*=NCAPEÚ
B5J989B9H99DCG@CJ5B>5=A5=G?5N5B95?H=JB9GH5J?9I7=>9@CGH=B9DC?F=J9B9 =NJCF=A5
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Ũ:=?7=>5űCG?@5D5B>II;CJCF5 C?IA9BH="FJ5HG?9B5FC8B965B?9="MDC65B?945;F96I7=>9@CGH=8C?5NI>I ?5?C G9 F58=@C C :=?H=JB=A ?F98=HB=A I;CJCF=A5 ?C>=A5 GI G9 N5DF5JC DF=?F=J5@9 B9N5?CB=H9:=B5B7=>G?9CD9F57=>9DF5B>5BCJ75B9N5?CB=HC;DCF=>9?@5G5H5>B=<F5IB5 I%@5;9B:IFHI
G
+(/0(*#&'
-N=JFAJKR?=@QCKNKÜJEI@AREVJEI@ALKVEPEI=%ULK>=JGA (H=CAJBQNPGK@%ULK>=JGA7=CNA> )G=A :=B5B7=>G?=< CD9F57=>5 DF5B>5 BCJ75 :=?H=JB=A =BCN9AB=A ?F98=HB=A N58IU=J5B>9AB9N5?CB=HCGH99B5:=B5B7=>G?5GF98GHJ5G5H5>B=<F5IB5I%@5;9B:IFHI ŨCDF5B5ű GI = :=B5B7=>G?=A CD9F57=>5A5 8I;CFCB=< 89J=NB=< 89DCN=H5 "MDC @D9 8F=55B?!%@5;9B:IFH?C8"MDC@D98F=55B?98 8 45;F96 (5CJ5>>9B5=B B9N5?CB=H=A:=B5B7=>G?=AHF5BG5?7=>5A5DF9?C"MDC65B?9ŨCDF5BCű A=@=>5F89 A=@=>IB5H=GI5 ?IB5
ZÔ ^WWXW]a^WWX°° p "MDC@D98F=55B?58 8 45;F96IGJC>C>>9DCJ>9F@>=JC>8C?IA9BH57=>=B5 85HIA9 ;C8=B9 ;C8=B9= ;C8=B9?5CNB55>B9GH5J?9 I C6J9N5A5 65B?9 =G?5N=J5@5 8I;CFCB9 89J=NB9 89DCN=H9 =BCN9AB=< :=B5B7=>G?=< =BGH=HI7=>5ID=G5B9B5;FID=F5IB5ų89J=NB=89DCN=H=GHF5B=<CGC65 -J=H=8I;CFCB=89J=NB=89DCN=H=6=@=GIJ@5GB=OHJCA5H=B965B?9"MDC@D9 8F=5 5B? ! %@5;9B:IFH H9 >9 CJ5> C6@=? =BCN9ABC; N58IU=J5B>5 "MDC 65B?9 CAC;I5J5C85@>B>9A5B=DI@57=>9DF=?5N=J5B>9A=BCN9ABC;N58IU=J5B>5=:=B5B7=>G?=A =NJCF=A565B?9C8BCGBCCJ5?JCN58IU=J5B>9DF9?C89DCN=H5CAC;I=@C>9N5A>9BI >98BC;C6@=?5N58IU9B>58FI;=A5Ʃ?F98=H5ų89DCN=HCA89DCN=H5ų?F98=HCA
f ^WWXW]a^WWX°° p®Ë /?IDB= =NBCG CJ5?J=< 89J=NB=< 89DCN=H5 A5H=B9 65B?9 =N %@5;9B:IFH5 ?C8 65B?9?9F=I"FJ5HG?C>=NBCG=@C>98J=>9A=@=>5F89 A=@=>IB5H=GI5 ?IB5 ?G?@IN=JBC C6>5J@>I>9AC DCD=G GJ=< CJ5?J=< GIAB>=J=< 89J=NB=< 89DCN=H5 ?C>=A5GIC65J@>5B9CD9F57=>9DF5B>5BCJ75G5H5>B=<F5IB5I%@5;9B:IFHI 9DCN=H6FC> A=@=>IB59IF585HIAN5?@>I9B>5 ;C8=B9 85HIADCJF5H5 ;C8=B9 9DCN=H6FC> A=@=>IB59IF585HIAN5?@>I9B>5 ;C8=B9 85HIADCJF5H5 ;C8=B9 9DCN=H6FC> A=@=>IB59IF585HIAN5?@>I9B>5 ;C8=B9 85HIADCJF5H5 ;C8=B9 9DCN=H 6FC> A=@=>IB5 >5D5BG?=< >9B5 85HIA N5?@>I9B>5
;C8=B985HIADCJF5H5 ;C8=B9
!KI=CKF*=NCAPEÚ
9DCN=H6FC> A=@=>IB59IF585HIAN5?@>I9B>5 ;C8=B9 85HIADCJF5H5 ;C8=B9 9DCN=H6FC> A=@=>IB59IF585HIAN5?@>I9B>5 ;C8=B9 85HIADCJF5H5 ;C8=B9 9DCN=H6FC> A=@=>IB59IF585HIAN5?@>I9B>5 ;C8=B9 85HIADCJF5H5 ;C8=B9 9DCN=H 6FC> A=@=>IB5 OJ=75FG?=< :F5B5?5 85HIA N5?@>I9B>5
;C8=B985HIADCJF5H5 ;C8=B9 9DCN=H 6FC> A=@=>IB5 9IF5 85HIA N5?@>I9B>5 ;C8=B985HIADCJF5H5 ;C8=B9 9DCN=H6FC> A=@=>IB59IF585HIAN5?@>I9B>5 ;C8=B9 85HIADCJF5H5 ;C8=B9 9DCN=H6FC> A=@=>IB59IF585HIAN5?@>I9B>5 ;C8=B9 85HIADCJF5H5 ;C8=B9 9DCN=H6FC> A=@=>IB59IF585HIAN5?@>I9B>5 ;C8=B9 85HIADCJF5H5 ;C8=B9 9DCN=H6FC> A=@=>IB59IF585HIAN5?@>I9B>5 ;C8=B9 85HIADCJF5H5 ;C8=B9 9DCN=H 6FC> A=@=>IB5 OJ=75FG?=< :F5B5?5 85HIA N5?@>I9B>5 ;C8=B985HIADCJF5H5 ;C8=B9 9DCN=H6FC> A=@=>IB59IF585HIAN5?@>I9B>5 ;C8=B9 85HIADCJF5H5 ;C8=B9 9DCN=H6FC> A=@=>IB5OJ=75FG?=<:F5B5?585HIAN5?@>I9B>5
;C8=B985HIADCJF5H5 ;C8=B9 9DCN=H6FC> A=@=>IB59IF585HIAN5?@>I9B>5 ;C8=B9 85HIADCJF5H5 ;C8=B9 9DCN=H6FC> A=@=>IB59IF585HIAN5?@>I9B>5 ;C8=B9 85HIADCJF5H5 ;C8=B9 9DCN=H6FC> A=@=>IB59IF585HIAN5?@>I9B>5 ;C8=B9 85HIADCJF5H5 ;C8=B9 9DCN=H6FC> A=@=>IB59IF585HIAN5?@>I9B>5 ;C8=B9 85HIADCJF5H5 ;C8=B9 9DCN=H6FC> A=@=>IB59IF585HIAN5?@>I9B>5 ;C8=B9 85HIADCJF5H5 ;C8=B9 9DCN=H6FC> A=@=>IB59IF585HIAN5?@>I9B>5 ;C8=B9 85HIADCJF5H5 ;C8=B9
+(/0(*#&'
kÔ{xÔ "MDC@D98F=55B?58 8 45;F96>9IJF9A9BIC8 G=>9B>5 ;C8=B98C ?C@CJCN5 ;C8=B9N5?@>I=@5I;CJCF9C5?CJ5?J589J=NB589DCN=H5 =B5A=B=DF=>9BCG=89J=NB=<GF98GH5J5=NA9¡I"!%@5;9B:IFH=" 8 8 45;F96B9=N6>9UBCGIG9C8F5N=@==B5GH5B>9D5G=JB=<89J=NB=<89DCN=H5
Prijevremene otplate – indikator na operacije pranja novca .5>B58C?IA9BH57=>5"MDC@D98F=55B?98 8 45;F96?5C=IG@I5>IH5>B=< =BCN9AB=<?F98=H5I?5NI>9B5J9@=?=6FC>DF=>9JF9A9B=<DCJF5H58I;CFCB=<89J=NB=< 89DCN=H5OHCCD9HI?5NI>9B5CD9F57=>9DF5B>5BCJ75H5?J=AHF5BG5?7=>5A5 .CB=>9I8J=>9;C8=B9CJ5?J=<=BH9BN=JB=<HF5BG5?7=>5GJ=CHD@59B=8I;CFCB= 89J=NB=89DCN=H=CHD@59B=GIA=ACI;CJCF9B=<FC?CJ5DF=>9JF9A9BC /?IDBC GI N5?@>I9B5 89DCN=H5 C8 9;5> 9 5? Ʃƨ CHD@59B = HC DF=>9JF9A9BC -5ACGI
8I;CFCB589DCN=H5=85@>9DF9A5B5O=A=B:CFA57=>5A5I GH5B>I8I;5B5F5IBI )6N=FCA 85 >9 I GH5B>I 8I;5 89DCN=H5 B5>GH5F=>= 89DCN=H N5?@>I9B ;C8=B9 5 B5>A@5¡= ;C8=B9 HC I?5NI>9 B5 AC;IBCGH 85 B=H= H= DF9CGH5@= 89DCN=H=B99HF5>5H=8C?F5>5I;CJCF9BC;FC?5HF5>5B>5 (=H=>985B89DCN=HB=>9N5?@>I9BB5FC?HF5>5B>58C>98B9;C8=B9
j -5AC ƨC8I?IDBCN5?@>I9B=<89DCN=H5N5?@>I9BC>9B5FC?8CHF=;C8=B9 ƨB5FC?C8HF=8CD9H;C8=B5= ƨB5FC?C8D9H8C89G9H;C8=B5 *F=>9JF9A9B9 CHD@5H9 CJ=< 8I;CFCB=< 89J=NB=< 89DCN=H5 I 6=HBCA A=>9B>5>I GHFI?HIFI89DCN=H5DCFCBCGH=?5C=?F98=HBI=N@CU9BCGH65B?95@==7=>9@C;:=B5B7=>G?C; GIGH5J5C6N=FCAB5J=G=BII?IDB=<89DCN=H5 (5=A9 ƨ =A5 GHJ5FBI FCBCGH 8C ;C8=B9 85B5 5 ƨ =A5 GHJ5FBI FCBCGH C8 >98B9 8C HF= ;C8=B9 5 B=H= >985B 89DCN=H B9A5 FC? HF5>5B>5 C8 HF= 8C D9H ;C8=B5=@=C8D9H8C89G9H;C8=B5 #NCJ5?J=<DC85H5?5F5NJ=8BC>985GI89DCN=H=?5C=F5B=>9CD=G=J5B==BCN9AB= ?F98=H= I DCG@CJB=A ?B>=;5A5 65B?9 @5UBC DF=?5N=J5B= B5 G=AI@=F5BC> :=?H=JBC> FCBCGH= =@>CJ5?JC;@5U=F5B>5DCG@CJB=<?B>=;5"MDC65B?9I"FJ5HG?C>GJ5?5?C>9 6=C?F=JCHJCF9B>9DF=?5N5GH5B>5=NJCF5@=?J=8BCGH==GF98GH5J565B?9H9@5U=F5B>9DF=?5N5 C8BCG5C6J9N5=DCHF5U=J5B>5 )J5?J=A B9N5?CB=H=A DCG@CJ5B>9A = ?F=JCHJCF9B>9A DCG@CJB=< ?B>=;5 = :=B5B7=>G?=< =NJ>9O5 "MDC @D9 8F=5 5B?5 8 8 45;F96 I;FCN=@5 >9 GH56=@BCGH 7>9@C?IDBC;G?C;GIGH5J5H9>9IH>975@5B5DC;CFO5B>9:=B5B7=>G?C; =?F98=HBC;A9¡IB5FC8BC;6CB=H9H58FU5J9 *FC6@9ADCGH5>9CN6=@>B=>=?585NB5AC85GI
!KI=CKF*=NCAPEÚ
65B?5 B9 G5AC NB5@= J9 GI = GI8>9@CJ5@= I CJ5?JCA CF;5B=N=F5BCA 65B?5FG?CA ?F=A=B5@II"MDC@D98F=55B7=8 8 45;F96
^ËpÔp %5C = I G@I5>I =BCN9ABC; N58IU=J5B>5 :=?H=JB=A ?F98=H=A5 ?C8 "MDC @D9 8F=55B?!%@5;9B:IFH=IG@I5>I8I;CFCB=<89J=NB=<89DCN=H5"8 8 45;F96 CN6=@>BC>9DF9?FO=@545?CBCF5IBCJC8GHJI=45?CBC65B?5A5N5OHCB=>9C8;CJ5F5@5 B=H=DF5JB5CGC65B=H=C8;CJCFB9CGC69N6C;DC@=H=?9N5OH=H9CF;5B=N=F5BC;65B?5FG?C; ?F=A=B5@5=DF5B>5BCJ75C8GHF5B95BG?=<8JCF5="(5 *F=>9JF9A9B=DCJF5H=89DCN=H5=A5>I=GH9I=B?9B5FCBCGHD5G=J9?5C=?F98=H= N58IU9B>5 65B?5 >9 @5UB=A DF=?5N=J5B>9A N5?@>IB=75 B5 I;CJCF9B= G=AI@=F5B= :=?H=JBI 5 B9 GHJ5FBI FCBCGH DCGHID=@5 GIDFCHBC C8F9865A5 @5B?5 45?CB5 C F5IBCJC8GHJIH9GIDFCHBCC8F9865A5@5B?5 =@5B?5 45?CB5C65B?5A5 45CJ5?JC?FO9B>945?CB5C8GHF5B9"MDC65B?9=NF5JB9=B:CFA57=>9==NJ>9O5 =A5@=GIA=B=GH5F:=B5B7=>5DF98G>98B=?0@589DCHDF98G>98B=?0@589;IJ9FB9F"(5 ?5C=8FI;9B58@9UB9=BGH=HI7=>9?C>9GIC8@I=@9N5OH=H=H=65B?5FG?IA5:=>IN6C;IG?9 DCJ9N5BCGH= = GI8>9@CJ5B>5 0@589 = =BGH=HI7=>5 J@5GH= ?5C = DC>98=B575 I ?F=A=B5@B=A CD9F57=>5A5DF5B>5BCJ75DF9?C"MDC65B?9?5?CCB9I%@5;9B:IFHIH5?C=B>9N=B9 65B?9?9F=I"FJ5HG?C>
(NKV@KLQJOGEG=LEP=H%ULKHLA@NE==JGA@@7=CNA> ğKLN=JKğLNAGKIEHEFQJ=AQN= )G=A ?FCN :=?H=JB9 =BCN9AB9 ?F98=H9 =NA9¡I "MDC @D9 8F=5 5B?9 ! %@5;9B:IFH="MDC@D98F=55B?98 8 45;F96H9?FCN8I;CFCB989J=NB989DCN=H9 "8 8 45;F96=B>9N=B5A5H=B565B?5ŨDF5@9űGIBCJ57=:=B5B7=>G?=ACD9F57=>5A5 DF9HJ5F5B>5 8I;5 DC 8I;CFCB=A 89J=NB=A 89DCN=H=A5 I 8CDIBG?= ?5D=H5@ 65B?9 45A>9B5A5?F98=H5N58CDIBG?=?5D=H5@65B?9ŨCDF5BCű>9I"MDC@D98F=55B7= 8 8 45;F96J=O9C8 A=@=>IB59IF5
Restrukturiranje duga u dopunski kapital banke /C?J=FI?CBH=BI=F5B=<N5A>9B5DCGHC>99;=BCN9ABC;8I;5"MDC@D98F=5 5B?5 8 8 45;F96 =NJFO=@5 >9 = F9GHFI?HIF=F5B>9 DCGHC>99; 8I;5 I 8CDIBG?= ?5D=H5@ 65B?9 .F5BG5?7=>9GI=NJFO9B9 GFDB>5 ;C8=B9= GFDB>5 ;C8=B9DF9?C 89J=NBC;H9?I9;F5IB565B?9Ʃ 5B5 GFDB>5 ;C8=B9JF59BC>9>985B59GH?F98=H5=>985B89DCN=H=HC=N 8J589DCN=H5I=NBCGIC8A=@=>IB5H=GI5OJ=75FG?=<:F5B5?5=A=@=>IB5 H=GI5 9IF5
+(/0(*#&'
5B5 GFDB>5 ;C8=B9JF59BC>9 ?F98=H5=HC=N8J589DCN=H5I=NBCGI C8 A=@=>IB5 H=GI59IF5= A=@=>IB5H=GI5 9IF5 9DCN=H9 =N ?C>=< GI JF59B= ?F98=H= 65B?5 >9 I GJC>=A DCG@CJB=A ?B>=;5A5 =G?5N5@5?5CDCJ95B>98CDIBG?C;?5D=H5@5<=6F=8B=<=BGHFIA9B5H5
Ugovori o depozitu zamijenili ugovore o kreditu (5J989B=A CD9F57=>5A5 "MDC 65B?5 45;F96 N5A=>9B=@5 >9 H585 DCGHC>99 I;CJCF9C?F98=HIG?@CD@>9B9G5"!%@5;9B:IFHBCJ=AI;CJCF=A5C8I;CFCBCA 89J=NBCA89DCN=HIG5=GHCAA5H=BCA65B?CA .5?C >9 8J589G9H = 89J9H I;CJCF5 = ?F98=HI = >98BCA 89DCN=HI N5A=>9B>9BC G5 BCJ59H=F=I;CJCF5C89DCN=HI I;CJCF C CFC9BCA 89J=NBCA 89DCN=HI A=@=>IB5 H=GI5 OJ=75FG?=< :F5B5?5F95@=N=F5B I;CJCFCCFC9BCA89J=NBCA89DCN=HIA=@=>IB5 H=GI5 9IF5 F95@=N=F5B ;C8=B9 I;CJCF C CFC9BCA 89J=NBCA 89DCN=HI A=@=>IB5 H=GI5 OJ=75FG?=< :F5B5?5F95@=N=F5B ;C8=B9 I;CJCF C CFC9BCA 89J=NBCA 89DCN=HI A=@=>IB5 H=GI5 9IF5 -J5 9H=F= I;CJCF5 C 8I;CFCB=A 89J=NB=A 89DCN=H=A5 =A5>I GJ9 9@9A9BH9 8CDIBG?C;?5D=H5@5<=6F=8B=<=BGHFIA9B5H5
Sumnjivo kori!tenje depozita '9¡IH=A=5?C>9"MDC@D98F=5!%@5;9B:IFHID@5H=@5GF98GHJ5B589J=NB= H9?I= F5IB "MDC @D9 8F=5 5B?9 8 8 45;F96 " 8 8 45;F96 >9 =GHC;5 85B5 8CNB5=@5DF=A@>9B5@=?J=8B589J=NB5GF98GHJ5?F98=HCFIB5=A9DF=>9JF9A9B9CHD@5H9 F5B=>9N5?@>I9B=<?F98=H5=89DCN=H5 .=A9>9HF5BG5?7=>5"MDC@D98F=55B?98 8 45;F96 CAC;I=@5 >98=BC F9GHFI?HIF=F5B>9 J9 DCGHC>99; 8I;5 ?C8 =GHC; ?F98=HCF5 C8BCGBC?C865B?9A5H=79 )J5?J9 CD9F57=>9 GJ5?5?C DF98GH5J@>5>I >985B C8 =B8=?5HCF5 B5 DFCJC¡9B>9 :=B5B7=>G?=<CD9F57=>5DF5B>5BCJ75I65B?5FG?CAGIGH5JI "=6F=8B==BGHFIA9BH=DCDIH CJC; =G?@>II>I 6=@C ?5?JI AC;IBCGH F9GHFI?HIF=F5B>5 =NJCF5 ƩDF=>9JF9A9B9 CHD@5H9 ?F98=H5=89DCN=H5?5C?CBGH5BHII:=B5B7=>G?=A5?H=JBCGH=A5"MDC@D98F=55B?9 8 8 45;F96 $98=B5AC;IBCGHDF9HJ5F5B>5<=6F=8B=<=BGHFIA9B5H5>9DF9HJ5F5B>9IH9A9@>B= ?5D=H5@ 65B?9 '9¡IH=A =N CJ5?J=< CD9F57=>5 "MDC @D9 8F=5 5B?9 8 8 45;F96 >5GBC DFC=N@5N= 85 GI <=6F=8B= =BGHFIA9BH= I 8CDIBG?CA ?5D=H5@I 65B?9 G5AC 8=C ?CBH=BI=H9H5GIAB>=J=<DF=>9JF9A9B=<CHD@5H5?F98=H5=89DCN=H5C8"8 8 45;F96 DF9A5"!%@5;9B:IFH
!KI=CKF*=NCAPEÚ
%ULK>=J=Q%NR=POGKFğLN=H=ğJKR=?PN=JO=G?EF=I=LNAGK LKRAV=JEDKOK>= .5>B58C?IA9BH57=>5"MDC@D98F=55B?98 8 45;F96H9B>9N=B=<DCG@CJ5 G5"MDC@D98F=55B?CA!%@5;9B:IFHI?5NI>9B5:=B5B7=>G?9CD9F57=>9DF5B>5 BCJ75 HF5BG5?7=>5A5 DF9?C DCJ9N5B=< CGC65 "MDC 65B?9 I "FJ5HG?C> C?IA9BH= H5?CI?5NI>IB5GIAB>I85>9DF9?CDC8IN95"MDC&95G=B;%FC5H=9B8 C C ŨCDF5BCű
A=@=>IB5 H=GI5 9IF5DF9?CDC8IN95"MDC@D98F=5CBGI@H5BHG A=@=>IB5
H=GI59IF5
f ÓÊ 09@=?=8=CGIAB>=J=<HF5BG5?7=>5BCJ79AG5H5>B=<F5IB5I%@5;9B:IFHIC65J@>5B >9DF9?CDCJ9N5B=<DC8IN95=HCCB=<?C>9>9I"FJ5HG?C>CGBCJ5@5"8 8 45;F96 DCG96BC "MDC &95G=B; %FC5H=9B 8 C C = "MDC @D9 8F=5 CBGI@H5BHG /DF5JC CJ5 8J5DC8IN95=A5@5GI?@>IBII@C;II:=?H=JBCAC8FU5J5B>I@=?J=8BCGH="MDC@D9 8F=55B?98 8 45;F96=HCDF9@=>9J5B>9A:=B5B7=>G?=<GF98GH5J5=N:=?H=JB=<?F98=H5=N %@5;9B:IFH5B5H5>B9F5IB9H58J5DC8IN95DCJ9N5B9DF5JB9CGC69?C8G5A9"MDC 65B?9I"FJ5HG?C> *CJ9N5B5DC8IN95H5?CGI"MDC@D98F=55B7=8 8 45;F96?5C=A5H=BC> " ! %@5;9B:IFH G@IU=@5 N5 DF=?F=J5B>9 CD9F57=>5 DF5B>5 BCJ75 A9¡IGC6B=A :=B5B7=>G?=A HF5BG5?7=>5A5 D5 GI ABC;9 HF5BG5?7=>9 DF9IGA>9F5J5B9 B5 CJ5 DC8IN95
i Ô 9J=NB= F5IB= "MDC &95G=B; %FC5H=9B 8 C C = "MDC @D9 8F=5 CBGI@H5BHG JC8=@= GI G9 ?C8 "MDC @D9 8F=5 5B?9 8 8 45;F96 (5 H9 H5>B9 F5IB9 CJ5 8J5 DC8IN95DCJ@5=@5GI89J=NB5GF98GHJ5DF=65J@>9B5Ũ8I;CFCB=A89J=NB=A?F98=H=A5ű "MDC@D98F=55B?9!%@5;9B:IFH C?IA9BH=CDFCA9HIDF9?CH=<F5IB5I?5NI>IB59GH5D5F7=>5@B5DCJ@59B>5 ?F98=H5 = 9GH9 CHD@5H9 F5B=>9 N5?@>I9B=< ?F98=H5 ?5C = D@55B>9 ?5A5H5 -J9 H9 HF5BG5?7=>98C?5NI>I85DCJ@59B>9=DCJF5H?F98=H5DCJ9N5B=<CGC65?C8"! %@5;9B:IFH =A5>I ?@>IBI DCN=7=>I I C8FU5J5B>I @=?J=8BCGH= "MDC @D9 8F=5 5B?9 8 8 45;F965DCG@>98=BC=IC8FU5J5B>I@=?J=8BCGH=A5H=B965B?9
Sumnjive transakcije .5>B5 8C?IA9BH57=>5 "MDC 65B?9 DCG96BC I?5NI>9 B5 GIAB>=JI DCJ9N5BCGH HF5BG5?7=>5DCJ@59B>5?F98=H5CHD@5H9?F98=H5G565B?CA=DCJ9N5B=ACGC65A5
+(/0(*#&'
*F=A>9F=79 GFDB>5 ;C8=B9DCJI9BC>9 A=@=>IB5B>9A5?=<A5F5?5 ƩHF5BO5?F98=H5", ''#)B589J=NB=F5IB"MDC&95G=B;%FC5H=9B #GHC;5 85B5 G5 89J=NBC; F5IB5 =GH9 DF5JB9 CGC69 JF55>I G9 9H=F= ?F98=H5 ų DF=>9JF9A9B9 CHD@5H9 ",
C8 A=@=>IB5 5IGHF=>G?=< O=@=B;5 ",
C8 A=@=>IB5B>9A5?=<A5F5?5",
C8 A=@=>IB5B>9A5?=<A5F5?5",
C8 A=@=>IB5B>9A5?=<A5F5?5 5B5 G=>9B>5 ;C8=B9G@=B9GIAB>=J9HF5BG5?7=>9C65J@>9B9GIDF9?C DCJ9N5BC; DC8IN95 "MDC @D9 8F=5 CBGI@H5BHG (5 89J=NB= F5IB DC8IN95 DCJI9B5GI8J5:=?H=JB5?F98=H5N5@5U=F5B>96=@5B75=DF5B>9BCJ75 *FJ=C8A=@=>IB5H=GI5 >5D5BG?=<>9B5=8FI;=C8A=@=>IB5 H=GI95A9F=?=<8C@5F5H9DF=>9JF9A9B=DCJF5HHF=:=?H=JB5?F98=H5C8A=@=>IB5 H=GI5 9IF5C8A=@=>IB5 H=GII 9IF5=C8 A=@=>IB5H=GI5 9IF5
Krivotvorenje podataka o likvidnosti banke /J=8 I H5>BI 8C?IA9BH57=>I = GIAB>=J9 HF5BG5?7=>9 "MDC 65B?9 ?5?C CB9 I "FJ5HG?C>H5?C=A5H=B965B?9I%@5;9B:IFHIB98JC>69BCI?5NI>IB5HC85>965B?5 H5>B=A:=B5B7=>G?=AHF5BG5?7=>5A5DF9?CDCJ9N5B=<CGC65I"FJ5HG?C>D@5G=F5@5:=?H=JB9 89J=NB9?F98=H9?5?C6=@5UBCDF=?5N=J5@5H9?II@=?J=8BCGH65B?9H9@5UB9DC85H?9I 6=@5B75A565B?9 FI;5GJF<5CJ5?J=<HF5BG5?7=>5B5F5JBC6=@C>9DF5B>9BCJ75G5H5>B=<F5IB5 ?C8A5H=B965B?9I%@5;9B:IFHI (9AC;I9>985N5CJ9HF5BG5?7=>9=GHJ5FBIDF=FC8I=:IB?7=>ICJ=<HF5BG5?7=>5 B=GINB5@=0@585,9DI6@=?9"FJ5HG?9="FJ5HG?5B5FC8B565B?5 )B= GI =B= G9 C8@I=@= ŨN5UA=F=H=ű B5 CF;5B=N=F5B= ?F=A=B5@ = DF5B>9 BCJ75 I "MDC65B7=
-NAGKP=FJED@AREVJEDN=ÜQJ=GK@OPN=JED>=J=G=%ULK >=JG=7=CNA>ĽKLN=H=ļKGKIEHEFQJ=AQN= *F9A5 H5>BC> 8C?IA9BH57=>= "MDC @D9 8F=5 5B?9 8 8 45;F96 H9 8C?IA9BH57=>=?C>IG?F=J5/DF5J5A5H=B965B?9IIGHF=>="MDC@D98F=55B?9! %@5;9B:IFHF5NJ=8BC>9?5?C>9:=B5B7=>G?=ACD9F57=>5A5DF9?CH5>B=<89J=NB=<F5IB5 ?C8 GHF5B=< 65B5?5 "MDC @D9 8F=5 5B?5 8 8 45;F96 N5 65B?I A5H=7I = B>9N=B9 H5>B9 ?CA=H9BH9 G5 H5>B=< F5IB5 I %@5;9B:IFHI CDF5@5 BCJ57 GIAB>=JC; DCF=>9?@5 I I?IDBCA=NBCGIJ99AC8DC@5A=@=>5F899IF5
!KI=CKF*=NCAPEÚ
jÔXÌ (5>J9=DFCA9HB5GJC>=AH5>B=A89J=NB=AF5IB=A5I=BCN9AGHJI"MDC@D9 8F=5 5B?5 8 8 45;F96 =A5@5 >9 B5 89J=NBCA F5IBI ?C8 5M9F=G7<9 &5B89G65B? ! 4B55>5BDFCA9HCGHJ5F=J5@5>9=DF9?CGJC>9;89J=NBC;F5IB5?C8/B=CB5B? -K=HN9F@5B84IF=7<
fÔXbW] .5?C GI G9 GIAB>=J9 HF5BG5?7=>9 5 I>98BC = B5>J9= DFCA9H DF9?C 89J=NB=< F5IB5 ?C8 5M9F=G7<9 &5B89G65B? C8J=>5@= 85B5 GHI89BC; ;C8=B9 = HC DCJF5H=:=?H=JB=<89DCN=H5II?IDBCA=NBCGIC8 A=@=>IB H=GI5 9IF5 #GHCJF9A9BCGIDF9?C=GHC;89J=NBC;F5IB5C65J@>5B9HF5BG5?7=>9DCJ@59B>5 :=H?=JB=< ?F98=H5 ?C>= GI G@IU=@= ?5C DC?F=9 N5 DF5B>9 BCJ75 GIAB>=JC; DCF=>9?@5 I I?IDBCA =NBCGI C8 A=@=>IB5 H=GI9 9IF5 5B5 GHI89BC; ;C8=B9H9GIHF5BG5?7=>96=@9NB5HBCJ99 .5?C>9IC6@=?IDCJF5H5:=?H=JB=<89DCN=H5?C>=A5G9DC?F=J5@CCD9F57=>9DF5B>5 BCJ75 GIAB>=JC; DCF=>9?@5 G5 H5>B=< F5IB5 I %@5;9B:IFHI C65J@>9BC HF5BG5?7=>5 I JF=>98BCGH=C8A=@=>IB5 H=GI5
9IF5 C? GI HF5BG5?7=>9 DCJ@59B>5 :=?H=JB=< ?F98==H5 ?5C DC?F=9 N5 B9N5?CB=H9 :=B5B7=>G?9CD9F57=>9=NBCG=@9I?IDBCA=@=>IB5 H=GI5
9IF5 5B5
GHI89BC; ;C8=B9GIAB>=J9HF5BG5?7=>9DCJF5H5:=?H=JB=<89DCN=H5 =NBCG=@9 GI 5? A=@=>IB H=GI5 9IF5 8C? GI GIAB>=J9 HF5BG5?7=>9 DCJ@59B>5 :=?H=JB=<?F98=H5=NBCG=@9=GHCHC@=?C 5B5 GHI89BC; ;C8=B9GIAB>=J9HF5BG5?7=>9DCJF5H5:=?H=JB=<89DCN=H5 DF9?CH5>B=<F5IB5?C85M9F=G7<9&5B89G65B?!=NBCG=@9GIA=@=>IB5H=GI9
9IF58C?GIHF5BG5?7=>9DCJ@59B>5:=H?=JB=<?F98=H5=NBCG=@9 A=@=>IB5 H=GI9 9IF5 5B5 J9@>59 ;C8=B9GIAB>=J9HF5BG5?7=>9DCJF5H5:=?H=JB=<89DCN=H5 =NBCG=@9GIA=@=>IB59IF5 5B5 HF5JB>5 ;C8=B9 GIAB>=J9 HF5BG5?7=>9 DCJF5H5 :=H?=JB=< ?F98=H5 =NBCG=@9 GI A=@=>IB5 H=GI9 9IF5 = A=@=>IB5 H=GI5 OJ=75FG?=< :F5B5?58C?GIGIAB>=J9HF5BG5?7=>9DCJ@59B>5:=?H=JB=<89DCN=H5=NBCG=@9 A=@=>IB5 9IF5= A=@=>IB5OJ=75FG?=<:F5B5?5
^WWX°°pËÖ knjigovodstvene standarde i krivotvori bilance kako bi prikrila pranje novca (5J989B9 89J=NB9 HF5BG5?7=>9 DF9?C F5IB5 " 8 8 45;F96 I =BCN9AGHJI DCHJF¡I>IGJ5?IDF=>9JF9A9BICHD@5HI=DCJ@59B>9?F98=H5=89DCN=H5 *F=>9JF9A9B9 CHD@5H9 ?C8 " 8 8 45;F96 GI GH5@BC DF=GIHB9 I 89J=NBCA N58IU=J5B>I <=6F=8B=< =BGHFIA9B5H5 65B?9 .5?J9 GI HF5BG5?7=>9 6=@9 I9GH5@9 ?FCN = ;C8=BI
+(/0(*#&'
.5>B58C?IA9BH57=>5=?B>=;CJC8GHJ9BCGH5B>9DFCA9H5;FID9F5IB5
GJ9CD9F5H=JB99J=89B7=>965B?9GH5H=GH=?59J=89B7=>5"FJ5HG?9B5FC8B965B?9 ?C>96=@>9U9GH5@B9CJ5?J9HF5BG5?7=>9DF=>9JF9A9B=<CHD@5H5?F98=H5=89DCN=H58C?5N GI 85 G9 F58= C :=?H=JB=A ?F98=H=A5 = 89DCN=H=A5 C8BCGBC 85 :CFA5 8CA=B=F5 B58 6=H=HF5BG5?7=>5?C>9I6=@5B75A565B?9=A5>IG5GJ=A8FI;5=>=G58FU5>B9;COHCG9HC :CFA5@BCDF=?5NI>9I8C?IA9BH57=>= ,CBCGH >9 I;CJCFBC DC?F=J9B5 5@= GHJ5FB9 HF5BG5?7=>9 8C?5NI>I B>9N=BI :CFA5@BCGHC8BCGBC85G9F58=C:=?H=JB=A?F98=H=A5=89DCN=H=A5
X^Öchiv° hrvatskim zakonima *F9A5 A9¡IB5FC8B=A F5IBCJC8GHJ9B=A GH5B85F8=A5 ',- I HC?= B5@5U9 G9 A9B58UA9BHI IHJF¡=J5B>9 H5?J=< F5IBCJC8GHJ9B=< DC@=H=?5 ?C>9 9 CAC;I=H=85:=B5B7=>G?==NJ>9OH5>=DFIU5>I=B:CFA57=>9?C>9GI 5 A>9FC85JB9N5DCHF9698CBCO9B>5C8@I?5?CF=GB=?5= 6 DCIN85B9H5?C85 J>9FBCDF98C5J5>IF9NI@H5H9=:=B5B7=>G?=DC@CU5>DC8IN95
C8F5U5J5>I9?CBCAG?I6=HDCG@CJB=<8C;5¡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
iÊ Ó VHCG9H=9I;CJCF9B9FCBCGH=CB5>9=CB5?CG5ACDF=J=8B5C8BCGBC:=?H=JB5>9F GJ=?F98=H==89DCN=H=B=GIHF5>5@=8IU9C8HF=;C8=B95=IGH5B>I8I;5?F98=H5=89DCN=H5 85HIAN5?@>I9B>5?F98=H5=89DCN=H5B=>9GH5F=>=C8HF=;C8=B9
!KI=CKF*=NCAPEÚ
-=GH9A DF=>9JF9A9B=< CHD@5H5 ?5C ?CBGH5BH5 I DCG@CJ5B>I " 8 8 45;F96 B9GIAB>=JC I;FCU5J5 IDF5J@>5B>9 65B?9 F=N=7=A5 D@5B=F5B>5 B5 8I;CFCBC> CGBCJ= = CD9B=HCGHF5H9;=>I8I;CFCBC;F5NJC>565B?9
eÊ *CF98 HC;5 ?CBGH5BHB9 DF=>9JF9A9B9 HF5BG5?7=>9 CH9U5J5>I ?CBHFC@I B58 65B?CA -5A56=HDF=>9JF9A9B=<CHD@5H5ACU9G9IC=H=H9?B5?CB8IU9;JF9A9BG?C; D9F=C85=NF5JB9?CBHFC@9B58DCG@CJ5B>9A65B?9=HF5BG5?7=>5A5?C>9G9C65J@>5>I %F98=H= N58IU9B>5 G5 ?CBH=BI=F5B=A DF=>9JF9A9B=A CHD@5H5A5 CH9U5J5>I 6=@C ?5?J9 DFC7>9B9 = I?5NI>I B5 DF=J=8BC DC8I85F5B>9 FCBCGH= =NJCF5 = D@5GA5B5 45 @=?J=8BCGH 65B?9 >9 CD5GB5 = =B>9B=75 85 G9 GJ= ?F98=H= = 89DCN=H= CHD@5I>I >98BC?F5HBC
„Napuhavanje“ bilanca !@5JB=75G9JF55B5?F5>IFC?5HF5>5B>5?F98=H5 5B?5>9CJ5?J=AHF5BG5?7=>5A5:CFA=F5@5H5?JCN58IU9B>9?C>9>C>CAC;I5J5 GH5@B9 HF5BG:9F9 GF98GH5J5 65B7= A5H=7= I IGHF=>= = DCJF5HBC B5 B5=B 85 @=?J=8B5 GF98GHJ565B?9N5JFO5J5>IIDF5J=@IB5F5IB=A565B?9A5H=79I=BCN9AGHJI5?C8 65B?9 ?9F= H5?J9 HF5BG5?7=>9 CAC;I5J5>I G5AC ?B>=;CJC8GHJ9B9 9J=89B7=>9 I 6=@5B7=65B?9=:=?H=JBCB5DI<5J5B>96=@5B7565B?9?C>=DC85H7=B=GIIH9A9@>9B=B5 A5H9F=>5@BC>CGBCJ=
-KLEO>=J=G=LNAGKGKFEDFAĽKLN=JļJKR=?KLHF=ÜG=JEV %NR=POGAELNA>=ÜAJJ=P=FJAN=ÜQJA )G=AB5J989B=<:=B5B7=>G?=<CD9F57=>5DF9?C"MDC@D98F=55B?9Ʃ?5?CCJ9 I"FJ5HG?C>H5?C=65B?9A5H=79IIGHF=>=?C>=A5>9ŨCDF5BűBCJ57?C>=>9 =<Ʃ5@= =F5B=>9DF9657=J5B=N"FJ5HG?9B5H5>B9F5IB9I=BCN9AGHJCG@=B9GIG9:=B5B7=>G?9 CD9F57=>9DFCJC8=@9=DF9?C9BH5F65B?9I"FJ5HG?C>5@==8FI;=<65B5?5DF=A>9F=79 45;F965?965B?9IGIF58B>=G5;FIDCA=BCN9AB=<65B5?5=>9>9G>98=OH9IIGHF=>= #H5@=>==(>9A5?C>
cÊ .5?CGIIAF9UIDF5B>5BCJ75=>=>9?5GB=>=;@5JB=?CCF8=B5HCFDCGH5@5"MDC @D98F=5!%@5;9B:IFH:=B5B7=>G?=ACD9F57=>5A5DF9?C9BH5F65B?96=@9I?@>I9B9 =G@>989965B?9
+(/0(*#&'
đ&"#BH9FB5H=CB5@9"5B89@G65B?! F5B?:IFH(>9A5?5 đCAA9FN65B?! F5B?:IFH(>9A5?5 đ4J9N55B?%@5;9B:IFHIGHF=>5 đ5B75=F98=HCCCD9F5H=JC.FGH#H5@=>5 đ8F=55B?!9IGHF=>5 đ5B75BHCB=5B5*CDC@5F909B9H5*58CJ5#H5@=>5 =?H=JB=A ?F98=H=A5 DF9?C CJ=< 65B5?5 DCHDIBC >98B5?CA H9CA DF5B>5BCJ75?5C=IG@I5>I"MDC@D98F=55B?9C65J@>5B9GIGIAB>=J9:=B5B7=>G?9 CD9F57=>9N5?C>9GJ=A9¡IB5FC8B=AGH5B85F8=A5IHJF¡9B==B8=?5HCF=I?5NI>I?5?CG9 F58=@CCCD9F57=>5A5DF5B>5BCJ75
X^Ö kriminala :9F5"MDCGJ5?5?CI?5NI>9B5=B>9B=7I?5?C>9:=B5B7=>G?5=65B?5FG?59@=H5 I"FJ5HG?C>6=@5DF9AF9U9B5G5A9¡IB5FC8B=ACF;5B=N=F5B=A?F=A=B5@CAN5=>9>9 GHFI?HIF9CF;5B=N57=>9=DC>98=B79DF5@5BCJ57I"FJ5HG?C> ,5O=F9BCGH = F5GDFCGHF5B>9BCGH AF9U9 65B5?5 I "FJ5HG?C> = IFCD= ?C>9 GI GI8>9@CJ5@9 I CJ=A CD9F57=>5A5 GJ5?5?C I?5NI>I B5 DCHF96I A9¡IB5FC8B9 5?7=>9 N5GDF=>95J5B>985@>B>9?F=A=B5@=N57=>9:=B5B7=>G?=<GIGH5J5IHF5BN=7=>G?=AN9A@>5A5 DCDIH"FJ5HG?9N6C;DCG@>98=75H5?J=<DFC79G5DCGH56=@BCGH=G=;IFBCGH9IFCDG?C; 65B?5FG?C;=:=B5B7=>G?C;GIGH5J5?5C=DC>98=B=<B57=CB5@B=<:=B5B7=>G?=<GIGH5J5
Hrvatska Vlada umije!ana u pranje novca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Ũ7FBC;űBCJ75IH5>9BC; IFU5JBCADFCF5IBI=DF9659BC;B5H5>B9F5IB9'=B=GH5FGHJ5:=B5B7=>5
l*0ÔfXp .5?C>9DF=A>9F=79H=>9?CA = ;C8=B90@585C8BCGBC'=B=GH5FGHJC :=B5B7=>5 C65J@>5@C GIAB>=J9 HF5BG5?7=>9 DF9?C 5? 89G9H DCG96B=< H5>B=< 89J=NB=< F5IB5?C8*F=JF98B965B?945;F96 )J= F5IB= B=GI 6=@= F9;=GHF=F5B= I G@IU69BC> 8C?IA9BH57=>= = =NJ>9O=A5 '=B=GH5FGHJ5:=B5B7=>5B=GIG9JC8=@=I!@5JBC>?B>=N=FU5JBC;DFCF5IB5B=H=I6=@C
!KI=CKF*=NCAPEÚ
?C>9A8FI;CA8FU5JBCA8C?IA9BHI?C>=6=6=CDC8@CU5BF9J=N=>==@=?CBHFC@=B58@9UB=< =BGH=HI7=>5 $98B5?C H5?C B=H= I >98BCA =NJ>9OI C =NJFO9B>I FU5JBC; DFCF5IB5 B=H= DF=@=?CA =N;@5G5J5B>5 BCJC; DFCF5IB5 0@585 DC85H?9 C CJCA ŨJ=O?Iű GF98GH5J5 DC9BCA B5 H5>B9 89J=NB9 F5IB9 ?C8 *F=JF98B9 65B?9 45;F96 B=>9 DF98C=@5 N5GHIDB=7=A5"FJ5HG?C;G56CF5
jÔ* 0 .=DCG96B=H5>B=89J=NB=F5IB=0@589?C8*F=JF98B965B?945;F96JC¡9B=GIB5 ?CBHI *F9A5H585OB>=AHIA59B>=A5=BH9FBCIBIH5F0@589CJ=GIH5>B=F5IB=CHJCF9B= N5 ŨDCG96B9 B5A>9B9 '=B=GH5FGHJ5 :=B5B7=>5ű A5 OHC HC HCBC NB5=@C *F9A5 G585 F5GDC@CU=J=A DC85H7=A5 0@585 >9 DF5@5 BCJ57 IH5>9B =N FU5JBC; DFCF5IB5 B5 8C G585 B9J=¡9B B5=B (5=A9 DCG96B=A I;CJCFCA =NA9¡I 65B?9 = 0@589 CHJ5F5@= 6=G9DCG96B=H5>B=89J=NB=F5IB=?C8DCG@CJB=<65B5?5 *F9?CH=<F5IB5BCJ57>9 DF9657=J5BI=BCN9AGHJCB5H5>B9=BCN9AB9F5IB9 -5H=<F5IB5BCJ576=N5JFO5J5C?5CDCJ>9F9B=?=BCJ57?C8;FID9DCG@CJB=< 65B5?5 B5 DCJ>9F9B=?=A F5IB=A5 H9 GI 65B?9 DC H5>BCA CJ@5OH9B>I DF98GH5JB=?5 0@589=A5@98CDIOH9B>9F5GDC@5;5H=H=ABCJ79A
dÔ fÔÊ (5?CBI;CJ5F5B>5H5?JC;H5>BC;D CJ>9F9B=?C;C8BCG5BCJ57IH5>9B=NFU5JBC; DFCF5IB5=B9N5?CB=HCDF9659BB5H5>B989J=NB9F5IB9D5DCHCAB5H5>B9F5IB9 ?C8 =BCN9AB=< 65B5?5 N5JFO5J5C 6= ?5C =BH9FJ9BHB9 89J=NB9 DCN5>A=79 H=< 65B5?5 F98CJBCA89J=NBCAF5IBI0@589?C>=G9JC8=CB5'=B=GH5FGHJC:=B5B7=>5 (5H5>B5=BG9IGDCGH5J@>5C8IUB=?=C8BCG=NA9¡I8FU5J9=65B5?58C85HBC G9DFCHIN5?CB=HCN58IU=J5@C8FU5JI=HCBCJ79AIH5>9B=A=NFU5JBC;DFCF5IB5 .5?J=A :=B5B7=>G?=A CD9F57=>5A5 IH5>9B5 GF98GHJ5 =N FU5JBC; DFCF5IB5 ŨCDF5@5ű6=G9?FCNDCN5>A=798FU5J=5I?CB5B=7=6=ŨCDF5B5űGF98GHJ5N5JFO5J5@5B5 H5>B=A=BCN9AB=AF5IB=A5I;@5JBCAIIGHF=>=?C>=<GIDCHD=GB=7=6=@=DF98GH5JB=7= DC@=H=?9=65B?5FG?99@=H9=N"FJ5HG?9
jfXp¯ fÔ *C85H7= C H5>B=A F5IB=A5 ?C8 *F=JF98B9 65B?9 45;F96 I 7=>9@CGH= 8C?5NI>I CJ5?JCCF;5B=N=F5BCDF5B>9BCJ75CD@>5?5BC;=NFU5JBC;DFCF5IB5 C ;C8=B9GF98GHJ5B5DCG96B=A89J=NB=AF5IB=A5GI9GHC?CF=OH9B5 ?5CDCN5>AB=79F98CJBCA89J=NBCAF5IBI'=B=GH5FGHJ55N5H=A?CF=OH9B5N5DC?F=9 N5D@55B>9C6J9N5DC=BCN9AB=AN5>ACJ=A5'=B=GH5FGHJ5:=B5B7=>5 .5?J9GIŨDCN5>A=79űDF=A>9F=79DFCJC¡9B9G5DCG96BC;89J=NBC;F5IB56FC>
+(/0(*#&'
*F=HCA >9 J5UBC B5DCA9BIH= ?5?C GF98GHJ5 G5 HC; F5IB5 B=GI GI?@58BC N5?CBG?=A C8F9865A5 6=@5 DFCJ989B5 ?5C DF=9B5H5>B=A:=B5B7=>G?=ACD9F57=>5A5CGA=O@>9B=AI0@58==I8C;CJCFIG5;FIDCA DCG@CJB=<65B5?5=B>=
*dÖÔ0Ê / =GHC JF=>9A9 GI DCGHC>5@= HNJ ŨB9F5GDCF9¡9B= F5IB=ű 8FU5J9 B5 ?C>9 GI DCG@CJB9 65B?9 I 8C;CJCFI G5 0@58CA DF9657=J5@9 J=O5? DFCF5IBG?=< GF98GH5J5 ?C>=A5B=>9IHJF¡9B5B5A>9B5B=H=?CF=GB=7= .5?C >9 CHJCF9B DIH IH5>5A5 5GHFCBCAG?=< =NBCG5 BCJ75 DCF9NB=< C6J9NB=?5 ?C>=GIG9IA>9GHCIFU5JB=DFCF5IBG@=>9J5@=B5HNJ ŨB9F5GDCF9¡9B9F5IB9ű5DCHCA B5 H5>B9 89J=NB9 F5IB9 G5 ?C>=< GI N5JFO5J5@= I CD=G5B=A :=B5B7=>G?=A CD9F57=>5A5 65B5?5 = 0@589 / GH5B>I F98CJB=< F5IB5 H5?C GI JC¡9B9 GH5J?9 N5 ?C>9 >9 65B?5 I DF=@>9JI JC8=@5 G5AC DC85H5? 85 G9 C8BCG9 B5 8FU5JI %5?C G5A J9 CD=G5C H5?J5 GF98GHJ5 65B?5 I 8C;CJCFI G5 0@58CA B=>9 F5GDCF9¡=J5@5 B=H= B5 B5A>9B9 B=H= B5 ?CF=GB=?9 -F98GHJ5GICGH5@59J=89BH=F5B5B5H5>BCAF5IBI *FCA9HB5H5?J=AH5>B=AHNJ ŨB9F5GDCF9¡9B=AF5IB=A5ű6=C>9NB5HBCJ9= B9;CB5ABC;=AF98CJ=H=AF5IB=A58FU5J9 *FCA9HF5IB5DC?5NI>985GIB5B>9;5 8CNB59B5GJ5GF98GHJ5?C>5GICFC5J5B5 -J=89DCN=H=?C>=GICFC5J5B=HC?CA GI B5 =GH= 85B DFC?B>=U9B= B5 H5> F5IB = =GH= 85B =G?B>=U9B= G5 F5IB5 = DF9B9G9B= B5 CFC9B=89DCN=H
W ÓlÔ =>9@=CJ5>B9N5?CB=H=DCG5C0@589=65B5?5ƩICJCAG@I5>I*F=JF98B965B?9 45;F96>CO>9GIAB>=J=>=?585J=8=ACDC85H?9=8C?IA9BH9=N?C>=<>9F5NJ=8BC?5?C >9@@=5BNIDF5JCB5H9H5>B9F5IB90@589=NJFO=CID@5H9B9?C@=?C89G9H5?5A=@=>IB5 9IF5 .5?C =NIN9H5? C8 F5B=>9 CD=G5B=< CD9F57=>5 =B= IDF5JC =NBCG C8 A=@=>IB5 9IF5?C>=>9:=?H=JBCDFC?B>=U9B?5CDF=@=JB5F5IBID9HF5N@==H=<=NBCG5C8I?IDBC A=@=>IB59IF5 #GHC;85B5>9=NBCGC8A=@=>IB59IF5DF9B9G9BB5H5>B=89J=NB=F5IB CFC9B>5?C8*F=JF98B965B?945;F96 *F=@=J>9=NJFO=C@=5BNB5H5>B=89J=NB=F5IB8FU5J9?C8*45
Otvorena pitanja koja bi policija trebala postaviti premijeru i Ê /G@I5>ICJ5?J=<HF5BG5?7=>5DCGH5J@>5G9B9?C@=?C?@>IB=<D=H5B>5?C>5I?5NI>I B5B9N5?CB=H9CD9F57=>9=DF5B>9BCJ75 *FJCD=H5B>9?C>9CGH5>9CHJCF9BC>9 _ƪƪƧƪƪƧ¬
!KI=CKF*=NCAPEÚ
eƧ«©ƧƧƧ¬¨ƧƪƧƧƧ¬ ƪƧ j©Ƨ¬ƧƧƪƨ¬
/GJ5?CAG@I5>IGJF<5CJC;űG@=>9DC;ŲF5IB5>985DFC@5NBCDFC?B>=U=89J=NB5 GF98GHJ5?58DF9@5N9B5CFC9B>9 (CDC=GH9?ICFC9B>5GF98GHJ5G9B9JF55>IB5CJ5> F5IB5B=H=B5F98CJB=
iÊ /DF5JC CJ9 :=B5B7=>G?9 HF5BG5?7=>9 =NJ5B GJ5?9 GIAB>9 8C?5NI>I IA=>9O5BCGH 0@589 I B9N5?CB=H9 A9¡IB5FC8B9 CD9F57=>9 DF5B>5 BCJ75 GH99BC; B9N5?CB=H=A DIH9A=HCDF9?C;FID57=>9DCG@CJB=<65B5?5=NB9?C@=?C9IFCDG?=<N9A5@>5 *=H5B>5 = 8C?IA9BH= C ?C>=A5 85B5G D=O9AC G5GJ=A 9 G=;IFBC 8C9?5H= #JI -5B589F5IFIL9@@9GI *FC6@9A >9 IDF5JC I HCA9 OHC >9 -5B589F N6C; GJC>9 CGC6B9 IA=>9O5BCGH= I :9FI"MDC>985BC8B5>N5=BH9F9G=F5B=>=<N5DF=?F=J5B>9CJC;CF;5B=N=F5BC;?F=A=B5@5= N5OH=HI5F<=H9?5H5CF;5B=N=F5BC;65B?5FG?C;?F=A=B5@5I"FJ5HG?C> .5>CG>9H@>=J=DF9A=>9FCJDC@CU5>IG?CFC9DCGH5H=;@5JB=IH9;DFC79GIDF=A5B>5 "FJ5HG?9IDIBCDF5JBC@5BGHJCIFCDG?9IB=>9
+AV=GKJEPKRKtAJFA!NĜ=RJANEVJE?A3H=@EKIKCQÚEHKLN=JFA JKR?=LNAGKP=FJEDN=ÜQJ= *CG@CJ5B>9 DF9?C H5>B=< F5IB5 B5 ?C>=A5 G9 =N8J5>5C BCJ57 =N FU5JBC; DFCF5IB5 B98JC>69BC I?5NI>9 ?5?C >9 = ==BCN9AGHJIŨDF5@5űBCJ57DF9?CH5>B=<F5IB5=DF9657=J5@5DFCF5IBG?5 GF98GHJ5B5H5>B9F5IB9D5=<DF5@5:=B5B7=>G?=ACD9F57=>5A5DF9?CDCG@CJB=<65B5?5 C?IA9BH=GDC9H?5 =<;C8=B58C?5NI>ICJ5?J90@58=B95?H=JBCGH=
dÖZÊ ,98CJB==DCG96B=F5IB='=B=GH5FGHJ5:=B5B7=>5JC8=@=GIG9IDFCF5IBG?CA F5IBCJC8GHJIIF5NF98I :=B5B7=>G?5=ACJ=B5G?ID=B5 ųBCJ57I65B7==6@5;5>B= DC8G?ID=B5 ų BCJ57 I 65B7= ?CBHC
ų BCJ57 B5 89J=NB=A F5IB=A5 ?C8 HIN9AB=<65B5?5 %B>=;CJC8GHJ9BCGH5B>9B5F5IB=A5F=NB=79=?B>=;CJC8GHJ9BCGH5B>965B?9B=>9 IG?@5¡9BC 46C;B9589?J5HBC;DCN=7=CB=F5B>589J=NB=<GF98GH5J5I,=NB=7=5?H=JB5GF98GHJ5 ?C>5 =B59 85>I 8C85HBI JF=>98BCGH DFCF5IBI GJC89 G9 B5 F9HFC;F58B9 B9=GDF5JB9 9J=89B7=>9
+(/0(*#&'
)J5?JC N5DF5JC ?F=JCHJCF9B>9 ?B>=;CJC8GHJ5 FU5JB9 F=NB=79 = DFCF5IB5 CAC;I=@C >9 A5B=DI@57=>9 GHCH=B5A5 A=@=>IB5 9IF5 =N FU5JBC; DFCF5IB5 DF9?C H5>B=<F5IB5585?CBHFC@5H=>9?5HC;5BCJ75>98BCGH5JBCB=>96=@5AC;I5 )G=A HC;5 B5 H5>B9 F5IB9 ?C8 DCG@CJB=< 65B5?5 ID@5=J5B5 >9 = ?5A5H5 C8 CFC9B>5 DFCF5IBG?=< GF98GH5J5 ?C>5 >9 IA>9GHC I DFCF5IB ID@5=J5B5 B5 H5>B9 F5IB9=DF9657=J5B5I=BCN9AGHJCH9?CF=OH9B5N5GIAB>=J9:=B5B7=>G?9CD9F57=>9
aZÊ *C85H7= ?C>=A5 F5GDC@5U9AC C8GHID5B>9 GH5B>5 B5 F5IB=A5 8FU5J9 I 65B7= = ?B>=;CJC8GHJ9BC;GH5B>5DFCF5IBG?=<GF98GH5J5 (9?=<J5@IH5=A5J=O9IGH5B>I8FU5J9 B9?=<A5B>95B9?=<ICD9B9A5 45=GDF5JBCJC¡9B>9B9CD9IHJF8=H=DC9HBCGH5B>9I65B7=D@5B8B9JB=< =H>98B=<HF5BG5?7=>5B5F5N=B=8FU5J9?C>9G9C8BCG9B5DF=@>9J=C8@>9J=?CB79A85B5 IHJF8=H=DC9HBCGH5B>9N5BCJ=85B=DFC>9?7=>I8B9JB=<HF5BG5?7=>5B5F98BC;85B5 )GBCJB= DFC6@9A >9 OHC I G?@CDI ,=NB=79 B=>9 :IB?7=CB=F5C GF98=OB>= 89J=NB= F5IB /J=8CAIDC85H?9=NJFO9B>5?B>=U9B>5IF=NB=7=8C@5N=G98CGDCNB5>985G9C H9F99B>IF5IB5=B5=BIDC?F=5D@55B>5B9C8@II>9I,=NB=7= /,=NB=7=G9DFCJC8=J9=NJFO9B5HF5BG5?7=>5HC>9GHDFCJC8=G9CBCOHC>9B9H?C J9C8@I=C==NJFO=C (=>9DCGHC>5@5B=H=CGA=O@>9B589J=NB5DC86=@5B75,=NB=79?C>56=9J=89BH=F5@5 GH5B>9 B5 F5IB=A5 5 DFCA9H >9 DF5H=C BCJ5B= H=>9? DFCF5IB5 = H=>9? DCG@CJB=< 8C;5¡5B>5 ,5IB= B5 ?C>9 6= G9 DF9G@=?5@C GH5B>9 89J=NBC; F5IB5 =N 65B?9 B=GI 6=@= F5NF5¡9B= *F=>9@5NB= F5IB= ?C>= 6= GH5B>9 = DFCA>9B9 GH5B>5 DCJ9N5@= G5 DCN=7=>5A5 DFCF5IB5H5?C¡9FB=GI6=@=IGHFC>9B= -J5?=DCG@CJB=8C;5¡5>J9N5BN5DF=@>9J=@=C8@>9JACF5G9C8F5N=H=IDCJ95B>I =@=GA5B>9B>IDCN=7=>5DFCF5IB5OHC>9CJ5?CDCGH5J@>9B5?B>=;CJC8GHJ9B59J=89B7=>5 CB9AC;I5J5@5 H9 CJ5?C GH99B5 :=B5B7=>G?5 GF98GHJ5 B=GI IDF=