Concurrently, a massive and deeply criminalized web of
smuggling, illegal (customs-exempt) imports, bribe and
corruption has stifled all legal manufacturing and
commerce activities. Cigarettes through Montenegro,
alcohol and oil through Romania, petrol, other goods
(finished and semi-finished) and raw materials from
Greece through the Vardar river (Macedonia), absolutely
everything through Croatia, drugs from Turkey (and
Afghanistan). UN personnel happily colluded and
collaborated - for a fee, of course. The export of
commodities - such as grain or precious metals (gold,
even Uranium) - was granted in monopoly to Milosevic
stalwarts. These were vast fiefdoms controlled by a few
prominent "families" and Milosevic favourites. It was also
immensely lucrative. Even minor figures were able to
deposit millions of US dollars in their Russian, Cypriot,
Lebanese, Greek, Austrian, Swiss, and South African
accounts. The regime leaned heavily on Yugoslav banks
to finance these new rich with cheap, soft, and often non-
returnable, credits. These were often used to speculate in
the frenetic informal foreign exchange markets for
immediate windfalls.
The new Yugoslav authorities are likely to be deeply
frustrated and disappointed. Most of the money was
expended on essentials for the population. The personal
fortunes made are tiny by comparison and well-shielded
in off-shore banking havens. Milosevic himself has almost
nothing to his name. His son and daughter may constitute
richer pickings but not by much. The hunt for the
Milosevic treasure is bound to be an expensive, futile
undertaking.
LII. Macedonia's Augean Stables,
or: Don't Hurry to Invest in Macedonia
In the near past, Macedonia seemed to have been bent on
breaking its own record of surrealism. While politicians in
other countries in transition from communism and
socialism strive to be noticed for not stealing, their
Macedonian counterparts, without a single exception, aim
to steal without being noticed.
The previous VMRO-DPMNE government (1999-2002),
in which Nikola Gruevski, the current Prime Minister,
served as Minister of Finance, plundered the country
shamelessly. The local papers accused then outgoing
prime minister, Ljubco Georgievski - a virtual pauper
when he attained power - of owning land and a residential
building in the capital's most expensive neighborhood.
The erstwhile Minister of Defense, Ljuben Paunovski,
was recently sentenced to 42 months in prison for his
pecuniary shenanigans during his tenure. Another leading
figure, the former Minister of interior, Ljube Boskovski, is
in the dock in the Hague on war crime charges.
Inevitably, VMRO-DPMNE lost power to the SDSM in
the heated elections of 2002 and then fractured as its new
leader, Gruevski, purged the old guard and installed his
own cohorts everywhere.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account