Late construction baron hid EUR 800,000 in cash from creditors

Ljubljana, 6 February - The late Ivan Zidar, former director and owner of construction giant SCT, stashed some EUR 830,000 in cash in his home, out of reach of creditors, the newspaper Delo reported on Tuesday. Half of the money will end up in Zidar's bankruptcy estate and the rest belongs to his ex-wife Vincencija Lambergar. Both had declared personal bankruptcy.

Former SCT boss Ivan Zidar (centre) speaking to the press after the Ljubljana District Court found him guilty in the Clean Shovel corruption trial in March 2012.
Photo: Daniel Novakovič/STA
File photo

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