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However, changes within the boards of administrators of Adriatic Properties, the primary Montenegrin firm which has a concession on the elite lodge Sveti Stefan, reveals adjustments in ownership hidden offshore. On 22 August 2013 Siniša Ivančević, a Montenegrin who transferred 740,000 euros from Phua’s Really Useful company to San Marino, based on prosecutors, turn into certainly one of three members of the board, the place he stayed till December 2014. Expert from one of European anti-money-laundering authorities, who needs to stay anonymous and who reviewed this Maestral acquisition scheme, confirmed there's a suspicion of cash laundering in this case. The report was quickly analysed by the Money Laundering Reporting Office , the main Switzerland federal police unit to fight money-laundering, and then handed to the Swiss federal prosecutors office.
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Audited 2015 annual account of Universal Cabital BankAudited annual report of Universal Capital Bank for 2015 reveals that Firstright Developments Limited gave a 6.2 million euro deposit on this bank. In the identical interval another Asian firm Noble Power Group Limited, registered in Vietnam, gave one other 16.eight million euro deposit to this financial institution. Also this firm is listed as a related celebration in audited annual report of one of the smallest bank in Montenegro.
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