Kosovo special units inspect Serbian bank

[rex362]

Kosovo special units inspect Serbian bank

GRAČANICA -- Kosovo Central Bank inspectors and Kosovo police special units ROSU raided the Dunav bank in Gračanica on Friday morning.


Gračanica is a Serb enclave located south of the Ibar River.

KiM Radio has reported that the ROSU confiscated equipment and documents.

According to the radio, the central bank inspectors and ROSU members raided the bank’s offices around 9:40 CET on Friday.

Five or six police vehicles blocked the main street in Gračanica ahead of the operation while fully equipped ROSU members secured the location.

They requested a Kosovo license from the bank employees and after they were told that they did not have one, the ROSU members and central bank inspectors said they were going to confiscate all of the bank’s documents.

They took computer hard drives, papers and the cash register and informed the bank employees they would be back after a detailed inspection.

At the same time, the central bank inspectors and ROSU members raided the offices of the Dunav bank in Štrpce.

[rex362]

Kosovan central bank launches sting operation on unlicensed financial institutions

Two locations investigated for conducting unlicensed financial activity; materials and equipment seized after fast-moving process

Author: Central Banking Newsdesk

Source: Central Banking | 27 Jul 2012

Categories: Financial Stability, Banking

Topics: Kosovo, banks, Central Bank of the Republic of Kosovo
kosovo-central-bank

The Central Bank of the Republic of Kosovo (CBK) today (July 27) carried out surprise visits to two locations on suspicion of the conduct of unlicensed financial activity.

The operation was approved by the executive board of the central bank shortly before the investigations were launched. Police attended the sites in two municipalities with central bank staff to investigate accusations of activity being carried out without the necessary central bank licence.

In Gračanica, examiners confirmed a financial institution named Dunav Banka AD Zvečan was conducting unlicensed financial activity. In the Štrpce municipality, an institution by the same name was also discovered and again confirmed to be acting without the necessary paperwork.

"In both locations a quantity of materials and equipment used for unlicensed activities was seized and put under CBK safekeeping and shall be used for relevant legal proceedings," the central bank said in a statement posted on its website.

According to the laws in place in the country, the central bank has exclusive legal responsibility for regulating, licensing, registration and supervision of all financial institutions. "No person shall conduct any banking or financial activity without a licence issued by the CBK," the central bank said.

[rex362]

I love it !!


Uz you love it ?


anyways where you be ?

[vinjak]

I dont know how you can "love it" .....sending special forces to a Bank ? if these actions are allowed it will eventualy lead to the Gov sending special forces to raid Albanian civilian institutions one day.

[uz]

Isn't that a job of the "regular" police anyway? Special Forces (or however special they can be) is overkill for this sort of operation. lol

[masteralbanianknow]

Aug 18, 2012 18:49:01 GMT -5 @uz said:

Isn't that a job of the "regular" police anyway? Special Forces (or however special they can be) is overkill for this sort of operation. lol

They are paid so they use them ,cant have them sitting playing chess all day long .