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CROATIAN, BOSNIAN FEDERATION POLICE INVESTIGATE MONEY LAUNDERING

SARAJEVO, June 4 (Hina) - More than 150 million Deutsch marks have been laundered through a chain of private companies in Bosnia, whose owner is Croatian citizen Zeljko Jagecic, Sarajevo's daily "Oslobodjenje" writes on Tuesday.
SARAJEVO, June 4 (Hina) - More than 150 million Deutsch marks have been laundered through a chain of private companies in Bosnia, whose owner is Croatian citizen Zeljko Jagecic, Sarajevo's daily "Oslobodjenje" writes on Tuesday. #L# Citing unnamed sources from the Bosnian Federation's interior ministry, the paper writes the federal police, in cooperation with the Croatian interior ministry and the Interpol, began an extensive investigation whose goal is to determine the extent of committed fraud. Federal Interior Minister Ramo Maslesa on Monday told reporters in Sarajevo that the arrest of a Croatian citizen had severed a well organised chain of trans-national crime. Oslobodjenje's sources say the person arrested is Zeljko Jagecic, who organised the money laundering business with the mediation of several existing and several fictive companies in Bosnia. The chain, dubbed "Tiffany", included several persons from Croatia, the Czech Republic and Bosnian Serb entity of Republika Srpska. It was not explained how the laundered money was earned. (hina) lml

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