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    MOL Rejects Interpol Arrest Warrant for Chairman on Bribery Charges

Summary

Croatia's decision to add MOL's Zsolt Hernadi to their domestic arrest warrant list is ‘in contradiction to supra-national European law.’

by: Sergio

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Natural Gas & LNG News, News By Country, , Croatia, Hungary, Balkans/SEE Focus

MOL Rejects Interpol Arrest Warrant for Chairman on Bribery Charges

Croatian authorities’ decision to add Hungary’s MOL Group Chairman and CEO Zsolt Hernadi to their domestic arrest warrant list is ‘in contradiction to supra-national European law,’ reads a note released by the Hungarian oil and gas group on Tuesday.

‘Whilst Croatia may be at liberty to do so under national law, we maintain that the manner in which the Croatian authorities are currently proceeding is in contradiction to supra-national European law, which provides for an EU-wide common regime, and which Croatia has opted to be legally bound by through accession to the EU earlier this year,’ add the press release. 

According to the Hungarian public company, previous decisions by national authorities to dismiss the case ‘for lack of wrong doing are legally binding on us.’

MOL Group claims that there are no substantive evidences of improper or illegal business practises on the part of MOL Group or any of its managers. The company adds that it will defend the Group and its representatives by all legal means. 

The debate stems from a story published by state news agency Hina, reporting that authorities issued an Interpol arrest warrant for Hernadi on bribery charges.