Bavčar was found guilty of money laundering. Kristjan Sušinski, a former advisor at Istrabenz, and Nastja Sušinski, the former boss of Maksima Holding, were also sentenced to three years and two years in prison, respectively, for money laundering.

Radio Slovenia reports that Bavčar was acquitted of aiding and abetting fraud by abuse of position. The ruling is not yet final.

“Defendants knew what they were doing”
The prosecution claimed that the defendants were aware their actions constituted a criminal offence. In 2007, the defendants engaged in what the prosecution said was a stealth management buyout and covert stock trading. “Igor Bavčar was the one who initiated and orchestrated this,” prosecutor Jože Kozina said. According to Kozina, Kristjan Sušinski was complicit in handling dirty money.

L.L., G.C.; translated by D.V.