Nenad Popovic, a nationalist Serbian minister known for his ties to the Kremlin, took part in a dubious privatization that drove a major electrical transformer manufacturer into bankruptcy. Years later, no charges have been filed.
Journalists from the Serbian Crime and Corruption Reporting Network (KRIK) have uncovered yet another offshore company that is connected to Sinisa Mali, the charismatic mayor of Belgrade KRIK earlier linked to shady business deals.
The chairman of the board of Serbia’s Privatization Agency – revealed by OCCRP partner KRIK to have once signed a deal with an associate of convicted drug lord Darko Saric – has been made director of the agency while it claimed it had checked his background and found no wrongdoing.
By Bojana Jovanović
Serbia’s Anti-Corruption Agency has launched proceedings against Muamer Redžović, chairman of the board of the Privatization Agency and advisor to Finance Minister Dušan Vujović, on suspicion that he violated an anti-corruption law.
A company owned by Balkan drug lord Darko Šarić’ s gang and frozen by the Serbian government has been quietly transferred to a company owned-in-part by the chairman of the Board of Directors of the Serbian state Privatization Agency.
Two former senior ministers in Romania have been jailed for treason and commercial espionage in a case involving the privatization of state assets.
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