Montenegro’ s public debt is on trajectory to a whopping 80% of GDP due to excessive and uncontrolled spending and capital projects which are largely non-transparent including the construction of first highway in Montenegro’s history. The Budget and Fiscal Responsibility Law defines how the government...
“The entire privatisation sale of the national Electricity Utility of Montenegro (EPCG) to the Italian A2A company, along with minority stocks of the privatisation investment funds to the Italian A2A, was directly steered by then Prime Minister Milo Djukanovic and his cabinet confidant Branimir Gvozdenovic”...
Not only did Dusko Knezevic pay for enormous bills in luxurious hotels and cover Milo Djukanovic’s credit card debts, but he also carried out the most confidential bank transactions for Djukanovic and his family. Knezevic put down a deposit of one and a half million...
Milo Djukanovic had an open account in Atlas Bank where he was piling up thousands of euros of credit card debts without restraint. Consequently Dusko Knezevic covered the debts from his companies’ assets. Thus his long-term generosity to the ever ruling Democratic Party of Socialist’s (DPS) also extended...
Not only did Dusko Knezevic pay for enormous bills in luxurious hotels and cover Milo Djukanovic’s credit card debts, but he also carried out the most confidential bank transactions for Djukanovic and his family. Knezevic put down a deposit of one and a half million...
When the Central Bank of Montenegro (CBofM) annual audit reports on Atlas Bank came to light someone could only wonder what on earth the CBofM was doing. The CB has jeopardized hundreds of millions of euros deposited in the banks of Dusko Knezevic (Atlas Bank...
On Christmas Eve 2018 Montenegro’s finance minister Darko Radunovic received a PBG2 document from the World Bank. The document defined the terms and obligations that the country must comply with before getting favourable loans under World Bank guarantees. Montenegro is in dire need of those loans...
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