Prosecutors in London received permission to investigate the former owner of Croatia's Agrokor food and retail conglomerate, Ivica Todoric, in the Nexus case and in the case of sale-leaseback agreements between Agrokor and a US real estate fund, learns N1.

Reportedly, Ivica Todoric could be questioned soon, just as he was questioned in the Agrokor case after his extradition from London.

Todoric refused to waive his right under which each new procedure required approval from London, and his lawyers say they have no knowledge of any such approval being granted. Yet, prosecutors have notified them that a hearing will be held there.

Croatia’s Chief State Prosecutor Drazen Jelenic said recently that the investigation in the Agrokor case would most likely be completed by May 20, noting that it was a very complex case. After the completion of the investigation, his office would have another three months to write an indictment.

The investigation of Ivica Todoric, his sons Ivan and Ante, and twelve other Agrokor managers and auditors was initiated by the Zagreb County Prosecutor’s Office in November 2017 on the suspicion that they had embezzled over 1 billion Kuna (€135 million).

Ivica Todoric was the only suspect in this case who was kept in custody after his extradition from the United Kingdom. He was released on 7.5 million Kuna (€1 million) bail on November 20 last year and was banned from leaving Zagreb.

(€1 = 7.39 Kuna)