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NEWS and REPORTS => World News => Topic started by: NewsCaster on Dec 14, 2012, 11:30 PM

Title: Serbia's richest man jailed for 30 days
Post by: NewsCaster on Dec 14, 2012, 11:30 PM
By The Associated PressBELGRADE, Serbia -- A judge on Friday ordered the richest man in Serbia to be held in prison for 30 days pending trial on suspicion of corruption, as the government hailed his arrest as proof that no one is above the law in the graft-plagued country.

The arrest of influential billionaire retail tycoon Miroslav Miskovic is part of an anti-corruption sweep that the new nationalist government says is necessary if the country wants to move closer to European Union membership. But critics argue the crackdown is mostly aimed at political opponents and allies of the country's previous pro-Western leadership.

Miskovic, 67, was arrested on Wednesday along with his son Marko and eight others in connection with the privatization of several Serbian road construction companies in 2005, during which the suspects allegedly gained illegal profits of about $39 million.

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Title: Re: Serbia's richest man jailed for 30 days
Post by: Nifemi Donald on Dec 15, 2012, 12:36 PM
So even his money could nt save him.too bad
Title: Re: Serbia's richest man jailed for 30 days
Post by: Glory Skales Charity on Dec 15, 2012, 06:03 PM
What a bad way to celebrate Christmas.Shame on him