Owner of Recently Delicensed Bank Remanded up to 30 Days

Alta Bank (BETAPHOTO/DAVID KOVACEVIC)

The owner of Alta Bank, Davor Macura, and two other persons arrested in relation to the recently delicensed bank, have been remanded into custody up to 30 days, the Belgrade Higher Court's Special Department for Organized Crime said in a statement on Nov. 4.

The suspects -- Macura, G.M. and I.P. -- were detained based on Article 211, Paragraph 1, items 2 and 3 of the Criminal Procedure Code, namely, special circumstances indicating likelihood of obstructing proceedings by influencing witnesses, and special circumstances indicating likelihood of committing the crime again within a brief time, the N1 website quoted the press release as saying.

The press release went on to say that Macura was detained based on Article 211, Paragraph 1, Items 1 of the Criminal Procedure Code, namely, circumstances indicating likelihood of flight. Macura is suspected of committing the crime of abuse of office per Article 227, Paragraph 3 in relation to Paragraph 1, of the Criminal Code, while G.M. and I.P. are suspected of having aided in the abuse of office per Paragraph 3 in relation to Paragraph 1 of Article 227 in relation to Article 35 of the Criminal Code.