"No," Plenkovic said when asked by reporters if Ramljak had transferred to American banks and funds Jamnica water springs and farmland owned by Belje, Vupik, PIK Vinkovci and Ledo, as a guarantee for the latest, EUR 480 million loan for Agrokor, as claimed by the print media.
"The latest loan has been used to pay debts to many suppliers and family-owned farms... That is a normal process, otherwise I don't know who would ever get a loan without giving some kind of guarantee," he added.
Plenkovic said that the "new trust" in the concern had been established owing to the adoption of a law on strategically important companies and appointment of its emergency administration, "which, in a very short period of time, made it possible for the ailing company to get new creditors and fresh financing."
The Croatian PM commented on the Agrokor case during his two-day visit to Bosnia and Herzegovina where on Tuesday he visited Livno, Siroki Brijeg and Mostar, where he met with representatives of state and local authorities.
Text: Hina