St. Nikola Island Front for Cigarette Smuggling
Montenegro is once again a smuggling hub for cigarettes bound for Italy.
Plans to turn the ancient coastal town on Budva into a new Monte Carlo collapsed leaving taxpayers the ultimate bill.
Serbian businessman Stanko Subotic, a close friend of the most powerful man in Montenegro, Prime Minister Milo Djukanovic, planned to turn a small coastal city into the next Monte Carlo. But crime, cigarettes, greed and bad luck got in the way.
A documents obtained by OCCRP reveal indicted cocaine smuggler Darko Saric was First Bank of Montenegro’s top depositor and one of its biggest customers.
Documents reveal a secret deal between officials of Montenegro's ruling political party and indicted cocaine smuggler Darko Saric.