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AMLi NEWS: ‘A completely fabricated affair;’ Montenegro President dismisses allegations of involvement in €20M laundering scheme

Image: Stanko Gruden/STA

By Dan Byrne for AMLi

The President of Montenegro has angrily dismissed claims that he was involved in an international money laundering ring currently under investigation.

The scheme is suspected to be linked to over €20M in laundered profits from Italian oil businesses. The money would be sent through Albania and the orchestrators would receive a share of each sum transferred.

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