The Serbian Interior Ministry has issued a warrant for the arrest of the country's football association president Zvezdan Terzic on abuse of power charges.

"The MUP has issued a warrant for the arrest of Serbian Football Association president Zvezdan Terzic on founded suspicion he has committed abuse of power," the police stated.

"It has so far been established that in his capacity of OFK Belgrade director, Terzic made an illegal profit of [approximately] £15,000 from one of the club's transfers."

Terzic, who according to media reports has been out of the country since January, took over as FSS chief in 2006 after the Serbia and Montenegro state union split following the World Cup in Germany.

He was an OFK Belgrade director from 1997 to 2005 after playing for the club as a central defender in the 1980s.

Last month FSS vice-president Dragan Dzajic was arrested for alleged fraud and abuse of power in what police called "a comprehensive crackdown on illegal soccer activities".

Dzajic and two other former Red Star Belgrade officials were arrested on charges of skimming more than £4m off the transfer fee of the club's former player Goran Drulic to Spanish team Real Zaragoza.

In January the president of first division side Vojvodina Novi, Ratko Butorovic, was arrested on match-fixing charges but was released last week pending further investigation.

Reuters