SDT is investigating a six million dispute

The Special State Prosecutor's Office has formed a case based on a criminal complaint filed in February by the Electric Power Company of Montenegro (EPCG) and the Montenegrin Electricity Distribution System (CEDIS) against several individuals on suspicion of organized crime in connection with a court case worth around six million euros, "Vijesti" has been confirmed.

State-owned energy companies have filed a complaint regarding a lawsuit filed against them by Zeljko Medojevic, owner of the former Podgorica company "Kvadrat komerc".

The complaint claims that the experts and judges, together with Medojević, are part of an organized criminal group and that through the proceedings in which prosecutor Medojević claimed compensation for lost profits due to alleged interruptions in the electricity supply to the company "Kvadrat komerc", they contributed to making decisions that led to multi-million euro damage for state-owned companies, estimated at nearly six million euros with interest.

"In February of this year, EPCG and CEDIS filed a criminal complaint with the Special State Prosecutor's Office against several persons, for several criminal offenses, for which an investigation is underway. In order to protect the interests of the proceedings, I cannot provide any more information," said a spokesperson for the SDT. Vukas Radonjic.

Medojević initiated legal proceedings before the Basic Court in Podgorica, which resulted in a verdict on February 17, 2025 in favor of the company, and on December 2, 2025, the Higher Court rejected the appeal of the energy companies and confirmed the Basic Court's verdict. The energy companies filed a review of the High Court's verdict with the Supreme Court at the end of January this year.

The prosecution is requested to urgently respond to this criminal complaint because, as it is claimed, in the preparation of this crime, Medojević transferred to himself as a natural person the potential obligations of the injured parties (EPCG and CEDIS) towards the company "Kvadrat komerc" based on the contract on assignment of claims, and that enforcement proceedings were initiated at the beginning of February this year, signed by a public bailiff. Aleksandar Božović for collecting money.

The report also indicates that Medojević, through a power of attorney he gave to his lawyer, To Dejan Klikovec, distributed the money that could be collected from state-owned companies to four bank accounts in different banks in Montenegro, determining the percentages and amounts that should be paid to individual members of his family. The energy companies claim in the report that there is a suspicion that some of this money could also be intended for other persons mentioned in the report as members of an organized crime group.

"Vijesti" sources from the legal sector, which the editorial team wrote about in early March, claim that the SDT can assess whether the energy companies' request is justified and ask the courts to block the money. An interlocutor from EPCG said that most of the money has not yet been withdrawn from the energy companies' accounts.

After the editorial office published the article about the filing of criminal charges, Medojević reacted. He stated that the executive directors of EPCG Zdravko Dragas and CEDIS-a Vladimir Ivanovic have shown a serious lack of understanding of the regulations governing the energy industry and the functioning of the electricity distribution system, and that they have clearly been given incorrect legal advice. He called on them to resign from their positions as a result.