“Croatian police arrested eight former senior executives of Agrokor[AGROK.UL] in a series of raids on Monday as part of an investigation into alleged financial irregularities at the heavily indebted food producer and retail conglomerate.

The state prosecutor’s office DORH said in a statement the investigation targeted 15 individuals “suspected of economic crimes and fraud”. Local media reported that some 300 police officers were engaged in the operation.” (Reuters)