Jordan Orce Kamcev, released on €11 million bail

One of the most controversial names in North Macedonia, Jordan Orce Kamcev, posted 11-million-euro bail and was released from custody on Tuesday.

Kamcev co-owner of the private hospital Acibadem Sistina in Skopje and many other businesses, was granted bail by the Court of Appeals in Skopje assessing as sufficient the amount offered as bail.

Jordan (Orce) Kamcev is one of the suspects in the “Empire” case, as well as “Parcel ana Vodno” case, whereas in public he is known for his close ties to former secret police chief, Saso Mijalkov. The main suspect in “Parcel na Vodno” probe is former prime minister Nikola Gruevski, who is suspected of misusing his political party funds to purchase a property worth €1.3 million. The businessman close to Gruevski, as well as owner of many major companies in North Macedonia, is a suspect also in the case known as “Empire”, in which he is being investigated for financial crimes, namely money laundering through companies in North Macedonia and offshores registered in third countries.

Jordan Kamcev is director of the company Orka Holding, established in 1990 by his father, Ilija Kamcev. Orka Holding is a shareholder of the biggest companies in North Macedonia, such as Acibadem Sistina, construction company Beton Stip, Stopanska Banka, agriculture company Pelagonija, OK Hotel, elite restaurant Susiko, owner of the daily newspaper Nova Makedonija, and other businesses.

Kamcev and his close associates, Nikola Gruevski and Saso Mijalkov, are accused of abuse of official position or authority, fraud, money laundering, and other criminal offences. During pre-investigation procedure, sufficient evidence was collected showing that from 2002 to 2013 the suspects have committed criminal offences through judicial persons. On 9 November 2018, the Prosecution Office raided Orka Holding, a company owned by Kamcev. 

In 2009, offshore company Hospital management group LLC from Cyprus established clinical hospital Sistina. Later this company transfers the ownership to another offshore company from Panama. Orka Holding purchases the deposit from the Panama company and sells Sistina, enabling thus Kamcev to incorporate part of the deposit from Hospital management from Cyprus in North Macedonia.