Serbia is to pay 36million euros for a satellite

 
Belgrade, May, 17. 2010 (Serbia Today) – Serbia will have to pay 36million euros to an Israeli company, in damages for not complying with an agreement for renting a satellite.  Serbia will also pay RSD 1.38mn for the lost case with which it questioned the authority of the International Arbitration Court in Paris and its decision to award the Israeli company the damages.  The contract with Israeli company Image Set signed former Defence Minister Prvosalav Davinic 2005th. In 2008, the court in Paris awarded ImageSet the money, but Serbia decided to take the case to a regular court in London. The State Public Attorney's Office stated that Serbia took its case to London in order to use all possible legal methods to circumvent the decision of the court in Paris, which ruled in Image Set's favor.  Defense Minister Dragan Sutanovac expressed the hope that the Serbian judicial system will call to account those who are liable in this case. He said that the Israeli military industry is among the best in the world, and that the Serbian Army would have readily converted the money for a military equipment, but “it is uncertain whether there is such option”. The Serbian Supreme Court stated on April 16, 2009 that an investigation into the deal made five years prior by former Defense Minister Prvoslav Davinić would begin. He is suspected of abusing his position in forming the contract with the Israeli company for the use of the satellite. The contract was worth EUR 45mn.