Former Economy Minister in Serbia, Rade Basta, has been arrested at the order of the High Public Prosecutor in Belgrade, under suspicion that it has caused financial damage worth tens of millions of dinars to public company ãogradske electritane) During the time it was its director.
According to Serbian media reports, Basta had allegedly authorised the delivery of financial means without reasonable support for some sports clubs, including smaller football and basketball clubs, as well as a horse sports club.
Meanwhile, members of the Anti-Corruption Service are conducting arrests and searches at several locations. Within this case, several others allegedly linked to Basta are being taken into custody.
Rade Basta served as economy minister in Serbia from October 2022 to 2023, when he was dismissed.
He left the post after calling on the Serbian government to declare it urgently over imposing sanctions on the Russian Federation, due to its aggression against Ukraine. After leaving the post, Basta founded the European Road movement.
By the time he was appointed minister, he was a member of the United Serbia party. (Jedintvena Srbija). This party later called for his departure from all the party and public posts it had proposed, referring to his stances on imposing sanctions on Russia.
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