Jordan Kamchev Explained

Jordan Kamchev
Native Name:Јордан Камчев
Birth Date:24 July 1970
Birth Place:Skopje, SR Macedonia, SFR Yugoslavia
Birth Name:Jordan Kamčev
Other Names:Orce Kamchev
Alma Mater:Skopje University
Employer:Orka Holding
Spouse:
Website:orka.mk

Jordan "Orce" Kamchev (Macedonian: Јордан "Орце" Камчев) is a Macedonian businessman.[3] According to Forbes, he was the richest person in North Macedonia in 2015, with net a worth of 228 million euros.[4]

Companies

Controversies

Extortion Scandal

In the summer 2020, Boki 13 and prosecutor Katica Janeva were imprisoned for money laundering and illegal influence due to their attempts to extort Kamchev for 1.5 million.[5]

Special Prosecution Probes

Following the ousting of former Macedonian Prime Minister Nikola Gruevski due to corruption. Kamchev who was reportedly close to his regime has been under investigation by Macedonian prosecutors.[6] [7]

In March 2021, Kamchev was arrested in North Macedonia due to fears that he will try to leave the country. The arrest was in regards to allegations that Kamchev had been involved in a scheme where he purchased land in the Vodno district, Skopje using public money when VMRO-DPMNE was the ruling party.[8]

Sanctions

On 19 July 2023 the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Jordan Kamchev pursuant to E.O. 14033 for being responsible for or complicit in, or having directly or indirectly engaged in, corruption related to the Western Balkans.[9]

Notes and References

  1. http://star.vest.com.mk/default.asp?id=110743&idg=6&idb=1670&rubrika=Makedonija Орце Камчев неразведен, се сврши 19.01.2006
  2. http://vecer.mk/makedonija/orce-kamchev-ne-e-vekje-plejboj-se-ozheni ОРЦЕ КАМЧЕВ НЕ Е ВЕЌЕ ПЛЕЈБОЈ. СЕ ОЖЕНИ.
  3. https://www.bloomberg.com/research/stocks/people/person.asp?personId=331726302&capId=331645970&previousCapId=9609681&previousTitle=Acibadem%20Saglik%20Hizmetleri%20ve%20Ticaret%20Anonim%20Sirketi Jordan Kamchev
  4. http://www.independent.mk/articles/32413/Forbes+Orce+Kamcev,+Richest+Person+in+Macedonia Forbes: Orce Kamcev, Richest Person in the Republic of Macedonia 27.05.2016
  5. Web site: 2020-06-18. Boki 13 osuđen na devet godina zatvora, bivša tužiteljka na sedam. 2021-03-28. N1. sr-RS.
  6. Web site: Osborne. Lydia. Macedonian Prosecutors Investigate Top Business Magnate. 2021-03-28. www.occrp.org. en-GB.
  7. Web site: 2018-11-09. Macedonia Special Prosecution Probes Top Businessman’s Empire. 2021-03-28. Balkan Insight. en-US.
  8. Web site: 2021-03-14. Police arrests Jordan Kamcev, the businessman who brought down Special Prosecutor Katica Janeva. 2021-03-28. Republika English. en-US.
  9. Web site: U.S. Treasury Targets Corrupt Businessman in North Macedonia . 19 July 2023.