Montenegro: Turkish Citizen Detained on Suspicion of Money Laundering 1.2 Million Euros
EPA / Boris Pejović
A Turkish citizen has been detained in Montenegro under suspicion of laundering over one million euros. Special Prosecutor Vukas Radonjić stated that following the suspect’s hearing, a 72-hour detention period was ordered.
The Special State Prosecutor’s Office (SDT) reported that the individual was arrested due to suspicions surrounding money laundering activities.
It is alleged that between April 2023 and March 2024, the suspect utilized funds acquired through illegal means in Montenegro, violating sports competition laws and misrepresenting the source of the money. The suspect purportedly made cash purchases totaling 399,500 euros for a “Lamborghini Aventador with 6.5 V12”, 95,000 euros for a “Porsche Cayenne 3.0”, 34,980 euros for a “Range Rover Velar”, and 215,000 euros for a “Mercedes AMG G63”, along with real estate comprising 43 m2 for 375,000 euros, a 98 m2 living space, and two parking spaces measuring 12 and 13 m2 in Podgorica, effectively laundering a total amount of HUR 1,229,480.00.
All assets acquired through these criminal activities will be subjected to a financial investigation by the Special State Prosecutor’s Office, aiming for permanent forfeiture.
“Evidence and reports of criminal activity and the alleged perpetrator were gathered through a collaborative effort among the Special State Prosecutor’s Office, the Special Police Department, and the Financial Intelligence Sector of the Police Directorate,” the SDT statement concluded.