ROME, June 15 (Hina) - A former Yugoslav President, Slobodan Milosevic, transferred over 650 million euro in foreign banks and companies, and used the money for the purchase of arms and new technologies, the Italian "Corriere della
Sera" paper says in Saturday's issue.
ROME, June 15 (Hina) - A former Yugoslav President, Slobodan
Milosevic, transferred over 650 million euro in foreign banks and
companies, and used the money for the purchase of arms and new
technologies, the Italian "Corriere della Sera" paper says in
Saturday's issue. #L#
According to the paper, Milosevic managed to transfer amounts of
money, totalling over EUR650 million, in the period from 1992 to
2000 in about 50 banks, financial institutions and companies in
many countries including Germany, Austria, Cyprus, Greece,
Luxembourg, Singapore, Switzerland and so on.
An investigation into Molosevic's wealth has been launched at the
request of the international war crimes tribunal's chief
prosecutor, Carla del Ponte, who indicted the Yugoslav autocrat of
war crimes in Croatia, Bosnia-Herzegovina and Kosovo.
The money was transferred in different ways. For instance,
Milosevic's close aid and head of the customs administration at the
time, Mihalj Kertes, carried EUR18 million in a bag flying aboard a
state plane from Belgrade to Cyprus at Christmas 1998.
fictitious companies such as Antexol, Cabocom, Hillsay, Lamoral
were used for the transfer of money into accounts of the companies
of Milosevic's brother Borislav such as Neocom or Microtri in
Austria or Nitrako in Panama and further in Israel, the United
States, Russia and Ukraine.
It is still unknown where a larger sum has ended up. However,
Milosevic's friend and director of the Beogradska Banka at the
time, Branka Vucic, is believed to have played an important role in
such transactions.
(hina) ms