Indjija: Two Arrested Over Fake Invoices for Expo 2027
Novi Sad prosecutors arrested two managers of an Indjija firm accused of using fake invoices for Expo 2027 pavilions to dodge taxes and launder money.
The Higher Public Prosecutor’s Office in Novi Sad said today, September 21, that it has arrested two people responsible for the Indjija company A3 Architects Studio. The suspects, identified by the initials M. N. and A. M., face charges of VAT fraud, tax evasion and money laundering as co-perpetrators.
According to prosecutors, between December 1, 2024 and August 11, 2025, M. N. and A. M. paid a total of 28,727,980 dinars to alleged suppliers. The payments were officially for preparing content and designs for pavilions at the Expo 2027 specialized exhibition under construction in Belgrade, but investigators suspect the work was never carried out and the invoices were fictitious.
Those fake expenses inflated the company’s costs, prosecutors say, which lowered its taxable profit and let it avoid paying corporate income tax. The unpaid tax comes to 8,378,988 dinars, roughly 8.4 million, which the Novi Sad prosecutors estimate as the damage done to Serbia’s budget in this case.
The suspects allegedly did not stop at the fake invoices. Prosecutors say the money was then moved through non-cash transfers into the personal account of one of the suspects, identified by the initials N. K., to hide where it had come from.
Officials from the companies that received the disputed payments are also under suspicion of money laundering: N. K., B. T. and another person also identified by the initials N. K. Criminal proceedings against them are ongoing. Two of the suspects are on the run, prosecutors said, and police are still searching for them.
M. N. and A. M. were ordered held for up to 48 hours after their arrest. They will be questioned at the Special Department for the Suppression of Corruption within the Novi Sad Higher Public Prosecutor’s Office.
