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...
First Bank financed a huge €4.6 million line of credit in 2008 for Svetlana Micunovic, wife of controversial casino owner...
With prosecutors closing in on drug kingpin Darko Šarić and his lawyer Andrija Krlović in early 2010, Krlović transferred a...
Montenegrin taxpayers wound up footing the €4.3 million bill for Madonna’s Balkan debut in 2008. And the real company behind...
The United States Treasury Department raised alarm yesterday about a Belarus bank known as JSC CredexBank which it...