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Montenegrin court denies that Podgroica aluminum plant’s financial director fled the country

Previously local media reported that the financial director of the Podgorica aluminum plant, accused of embezzlement, has fled Montenegro

Dmitriy Potrubach. Photo www.kap.me

Dmitriy Potrubach. Photo www.kap.me

BELGRADE, August 22 (Itar-Tass) - A Montenegrin court on Thursday refuted local media reports on Thursday that a Russian national, Dmitriy Potrubach, the financial director of the Podgorica aluminum plant (KAP), had fled Montenegro. He is accused of stealing 9.6 million euro, “Potrubach, accompanied by three lawyers, attended a court hearing,” a court in Podgorica said.

Prosecutor Nina Ivanovic told journalists that she had issued an order to audit the activities of the KAP enterprise with an aim to establish the fact of illegal use of electric energy. The prosecutor’s office employees are checking the plant’s financial records.

Potrubach was arrested in Montenegro on July 11 but was released on bail six days later.

The Russian En+Group Company linked the arrest to KAP’s bankruptcy initiated by the Montenegrin government in order to exert pressure on the En+ as the plant’s creditor and shareholder.

The En+Group is a major creditor of the Podgorica aluminum plant, which owes it over 91 million euro.

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