Former CEO of the Investment and Development Fund (IDF), Zoran Vukčević, was sentenced to a year in prison for abuse of office in business dealings, namely the accusation that after the parliamentary elections, and expecting the formation of a new government and possible dismissal in companies founded by the state, during October and November 2020, he falsified employment contracts and increased severance pay in the event of termination of office.
The other defendants in this case - former director of the IRF's financial and legal affairs department Branislav Janković and former director of the credit department Zoran Vujović - were each sentenced to six months of house arrest.
The first-instance decision was made by the panel of judge Igor Đuričković of the Higher Court in Podgorica.
The indictment, represented by Special Prosecutor Zoran Vučinić, is the result of a survey and investigation that was initiated after the then IRF management, Chairman of the Board of Directors Velizar Kaluđerović and Executive Director Irena Radović, filed a criminal complaint against them on September 21, 2021.
The SDT indictment charged them with falsifying their employment contracts, in the part where they illegally agreed to the right to severance pay in the amount of 24 net salaries in the event of dismissal from office or resignation, whereby the IRF, at their request, would have had to pay them a sum of several hundred thousand euros...
After the dismissal, and when the new IRF Board of Directors did not give them approval for the payment of severance pay, Vukčević, Vujović and Janković initiated litigation in the Basic Court in Podgorica.
Lawsuits against the IRF were the reason for the initiation of an internal investigation within the IRF, where it was immediately established that the personal data did not match in the manual and electronic archives of the Fund.
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