The Zagreb Commercial Court found claims of the Golf & Country Club Zagreb bankruptcy claims in the amount of 125 million kuna, and all creditors whose claims are challenged are entitled to appeal within eight days of delivery of the court ruling.
Determining creditors' claims on the company Golf & Country Club Zagreb, Croatia's first golf club with playgrounds and villas in Blato, was followed by the opening of bankruptcy proceedings in June.
According to a court ruling, the highest payoff is made by the Croatian Postal Bank (HPB) - 59,26 million kuna and the Croatian Bank for Reconstruction and Development (HBOR) - 38,6 million kuna. The City of Zagreb, on behalf of communal fees and contributions, claims 7,22 million kuna, and the state due to unpaid taxes is 2,6 million kuna.
The first golf club in Croatia was, as the media emphasized, the project of co-owner Maba-Com Nikola Kovačević and Dražen Ileković, who started the finding of 1995 golf course location. and accompanied by numerous affairs, illegal removal of gravel from the Sava embankment, subsequent legalization of thirty villas erected outside the building permit limit, as well as allegedly controversial jobs in which, as pointed out in the media, were included also former General Vladimir Zagorec, a tennis player and entrepreneur Bruno Orešar and former director of the Croatian Post Bank Josip Protega.
The location of the golf course license was issued by 1996. This, as emphasized in the media, was a key step in the realization of the entire project for which the investors of the Croatian forests paid the 540.915 kuna for the right service.
According to media writings, the project bearers in communication with the Croatian forests helped Vladimir Zagorec, who was then in the supervisory board of that public company. Zagorec allegedly later helped to fund the project, as he was in good standing with the leaders of Hypo Alpe Adria Bank, which subsequently agreed to fund the project. As stated later, investors argued that they had to buy land due to the lack of the Law on the Right to Serve, and the Government allegedly decided to dispose of land at the end of 1998. proclaimed the construction of a golf course with a project of national interest.
After that decision, land in Blato was allegedly purchased far below its market value, and Golf & Country Club Zagreb bought that land from the Croatian forests, as claimed, by 8,6 HRK million by the Hypo Alpe Adria bank loan. There was a redeemed 880.358 square meter, the ground was open 2004. and then the first problems started with the exploitation of the gravel for which Golf & Country Club Zagreb 2003. got a mining concession.
The golf contractors signed a gravel contract with the co-owned Brune Orešar with which it was subsequently terminated, but the gravel exploitation continued to go beyond the scope of the mining concession, for which the State Attorney's Office launched an investigation against six leaders of the Golf & Country Club headed by Dražen Ileković .
This investigative proceeding of the State Attorney's Office was completed by a court settlement that the leaders of the Golf & Country Club did not adhere to and was executed to the amount of 4,5 million.
By changing the urban plan of Zagreb, on the land of the golf course in Blato was also possible construction, so after the original playground with nine holes began construction as noted, settlements for the accommodation of players and competitors who later turned into villa construction, much larger than it was provided for by the construction permit.
For this project, the leaders of the Golf & Country Club contacted the banks and chose the Croatian Postal Bank, which was then headed by Josip Protega. According to media writings, their new partner gave the loan under significantly less favorable terms, ie with higher interest rates. In this project, as it was said, Hypo Alpe Adria Bank was paid, and then the project had invested 128,6 million kuna.
And this project ended with afer when it was 2008. the construction inspection found that 31 of the total 54 villa in the Golf & Country Club project was built outside the building permits limit. These facilities, as announced later, are subsequently legalized.
By court order, the suspended claims of Golf & Country Club creditors in the second payment order were set at 136 million kuna, and a maximum of 97,7 million was claimed by former partner Emilijo Žubrinić, President of the Golf and Country Club Zagreb 1995. Bankruptcy Administrator Marija Vujčić Turkulin disputed the claims of the believer in the amount of 67,5 million kuna.