Money Laundering

A Montenegro anti-corruption group, MANS,filed charges of organized crime today against former Prime Minister Milo...

A leading Montenegrin anti-corruption agency is filing a series ofcriminal charges alleging abuse of power for personal gain...

Twenty-four suspects from eight countries were arrested in Card Shop, an operation that the Federal Bureau of Investigation...

The National Bank of Serbia has stepped in to monitor Universal Bank’s daily operations, National Bank Governor Dejan...

First Bank loan funds were used in illegal construction on Cape Zavala and a waterpark that never happened. Both projects...

Despite the advice of the World Bank, the government of Montenegro refused to seize the bank controlled by the family of...

Then Finance Minister Igor Luksic promised that a bailout of First Bank would be overseen by regulators but instead, the...

An analysis of Central Bank reports shows that First Bank systematically broke a number of major laws and regulations...

Vuk Rajkovic was one of the people in charge of overseeing First Bank’s operations and ensuring it was compliant with...

Some of the loans given by First Bank were not issued according to proper banking practice, according to the Central Bank...

Three days after the publication of reports that Montenegro’s First Bank violated banking laws were first published on...

Former Prime Minister Milo Djukanovic hasn't been truthful about where his consulting firm Global Montenegro got its startup...