Peters & Peters have acted since March 2013 for Mr Zsolt Hernádi, Chairman-Chief Executive Officer of the MOL Group, the Hungarian national energy company and one of the largest companies in Central and Eastern Europe.

Mr Hernádi is accused by the Croatian authorities of offering a bribe in 2008 to Dr Ivo Sanader, then Prime Minister of Croatia, in relation to agreements between the MOL Group and the Croatian Government which the Croatian Government is now seeking to have annulled.

Over the last three-and-a-half years, Peters & Peters have been instrumental in exposing the Croatian allegation against Mr Hernádi as being politically motivated and based on evidence which does not stand up to scrutiny. Part of that role has involved liaising with INTERPOL, which issued a Red Notice against Mr Hernádi at the request of the Croatian authorities in October 2013.

On 6 November 2016, the Executive Committee of INTERPOL ruled that the Red Notice must be deleted and the Croatian authorities may not use INTERPOL’s channels in respect of Mr Hernádi.

Peters & Peters understand that this is the first occasion that a Red Notice issued at the request of a member state of the European Union has been deleted by INTERPOL.

Michael O’Kane, Senior Partner and Head of Business Crime, and Peter FitzGerald, Associate, act for Mr Hernádi.