Serbian Privatisation: Criminals Still Cashing In
Publicat:Eleven years after embracing capitalism, Belgrade has cancelled almost 30 per cent of all privatisation deals because of corruption or mismanagement. Yet the system remains open to abuse.
by Stevan Dojcinovic
Just two years after serving a prison sentence for attempting to kill four police officers during a gun battle in Belgrade, Milan Lazarevic decided it was high time he cashed in on Serbia’s privatisation programme.
Seeing no reason why his criminal record should hold him back, Lazarevic set his sights on buying a newly-privatised machine-parts factory, Mašinoservis,…
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