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MONTENEGRO’S
(KARADAĞ) PRESIDENT Mr.CUKANOVIC LAUNDERS BLACK MONEY THROUGH SOUTH CYPRUS
(18.03.02)
According
to the Greek Cypriot newspaper Kipros Simera, President of Montenegro Mr. Milo
Cukanoviç laundered black money in South Cyprus and participated in organized
crime.
Sourcing
the information from the Italian police reports, the newspaper wrote that
President
Cukanoviç had been in collaboration with the Italian Mafia since 1996 and
organized an international tobacco smuggling and money laundering net based in
South Cyprus. According to the Italian Police Reports, President Cukanovic
used Dulwich Company (based in South Cyprus, the company was renamed as
Bonarex on 22/1/2001) for the transactions and laundered the black money
through Arab Bank of South Cyprus to Beograd Bank (Belgrade).
South
Cyprus has an international reputation as a money-laundering center.
As
it is known a short time ago the United Nations War Crimes Court documents
provided that billions of US dollars belonging to former Yugoslav President
Sloban Milosevic has been traced to secret bank accounts in South Cyprus from
where he secretly funded the genocide in Croatia, Bosnia and Kosovo during the
1990’s.
The
UN Chief Prosecutor Carla Del Ponte visited South Cyprus last year in order to
collect information on offshore companies in connection with the financial
aspect of the case and produced the significant documentation. Also as it is
known the Greek Cypriots allegedly helped associates of Milosevic to set up
off shore companies in South Cyprus in order to launder money to fund arming
the Serbian forces in the war of Bosnia received subpoenas from the office of
tribunal prosecutor Carla De Ponte.
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