Milan Radoicic (centre, without tie), after he was named vice-president of the Kosovo Serb party Srpska lista. Photo courtesy of Kossev.

Milan Radoicic, a leading figure in northern Kosovo close to Serbia’s ruling Progressive Party, has expanded his business operations in Serbia by becoming part-owner of a construction company with another Kosovo Serb, Zvonko Veselinovic.

Radoicic entered the ownership of Inkop construction company, which was previously reported to be linked with Veselinovic, on September 19, a BIRN investigation has shown.

The previous owner, Veslinovic’s sister, Dusica Maksimovic, who was believed to act as a front for her brother, signed off 40 per cent of the company to Radoicic and Veselinovic each, handing the remaining 20 per cent to Zvonko’s younger brother, Zarko Veselinovic.

Through Inkop, Radoicic is also linked with other Serbian business entities. Inkop owns about 25 per cent of Granit Pescar company and 100 per cent of Dolly Bell, which opened a luxury hotel on Mt Kopaonik in Serbia in 2015.

In September, he was named a representative of Trepca Football Club, based in northern Mitrovica, in Kosovo.

The Kosovo Serb politician Oliver Ivanovic, who was murdered in front of his party headquarters in Mitrovica on January 16, named Radoicic as a key figure in an intimidating system of power in northern Kosovo.

In June, Radoicic was named vice-president of Srpska Lista, the main Kosovo Serb party, which is backed by Belgrade.

Radoicic declined to talk to BIRN about his entry into the ownership of Inkop, saying that he has no obligation to explain himself, as he holds no office in Serbian institutions.

“Do you really think I have the time, with all due respect, to explain to you how I got [the share]?” Radoicic said.

He said that while he officially entered politics by becoming vice-president of Srpska lista, the party is “not registered in Serbia”.

Zvonko Veselinovic is also reportedly close to the Serbian Progressive Party.

A consortium linked with Inkop reached a deal worth 75 million US dollars from a Serbian state-owned company in 2015 to build a section of the Corridor 11 highway connecting Belgrade to Montenegro.

Inkop itself had a gross profit of about 7.7 million euros in 2017 and more than 9.5 million euros in 2016, according to financial reports from the Serbian Business Register.

Radoicic, Veselinovic and two other defendants are currently standing retrial before a Serbian court for alleged abuses during the construction of Corridor 10, another highway that passes through Serbia and stretches from Austria to Greece, through which they gained 26.5 million dinars.

Radoicic and Veselinovic were also tried for the illegal acquisition of 32 trucks owned by Hypo Aple Adria Leasing, but were acquitted in 2016.

Radoicic was convicted of falsifying a personal ID in 2010, and Veselinovic was arrested in 2003 in the southern Serbian town of Novi Pazar for possession of more than three kilograms of heroin, according to BIRN’s findings.

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