{"id":1662,"date":"2011-11-17T09:38:30","date_gmt":"2011-11-17T08:38:30","guid":{"rendered":"http:\/\/www.mans.co.me\/en\/?p=1662"},"modified":"2011-12-15T09:41:01","modified_gmt":"2011-12-15T08:41:01","slug":"corruption-in-the-financing-of-budvas-aqua-park","status":"publish","type":"post","link":"https:\/\/mans.co.me\/en\/?p=1662","title":{"rendered":"Corruption in the Financing of Budva’s Aqua Park"},"content":{"rendered":"

\"\"<\/a>(Podgorica, 17 November 2011)<\/strong> – According to information obtained by MANS researchers, the son of DPS vice-President Svetozar Marovi\u0107, Milo\u0161 Marovi\u0107<\/strong> and Dragan Be\u0107irovi\u0107 – who was murdered in Budva at the beginning of this year – are behind the Cyprus based company Numerico Trading Ltd. The Municipality of Budva has been servicing a 1.6-million euro debt on behalf of this company for several years now.<\/p>\n

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According to the information that MANS had access to, the late Be\u0107irovi\u0107 is still listed as its director and owner of a third of its shares. The remaining 2\/3rds of the company are owned by Milo\u0161 Marovi\u0107 and Dragoljub Dvojakovi\u0107 from Belgrade. Numerico Trading was registered in Cyprus in October 2005.<\/p>\n

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The Aqua Park story begins in March 2006, when Numerico was introduced to Budva city councilors as a famous Spanish company with a depth of experience in the building of water parks. According to some Budva municipal functionaries at the time, Marovi\u0107 and Be\u0107irovi\u0107’s company was an experienced firm, in spite of the fact that it had only been established a few months prior to concluding a land-purchase agreement with municipal authorities for lands in Topli\u0161 (Budva).<\/p>\n

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The contract was signed by then mayor Rajko Kulja\u010da, on behalf of the Municipality of Budva, while Marovi\u0107 and Be\u0107irovi\u0107’s legal representative, Branko \u010colovi\u0107, signed the agreement on behalf of Numerico Trading Ltd. \u0106olovi\u0107 had previously represented the Be\u0107irovi\u0107s (and Ana Kolarevi\u0107) during the privatization of Budva’s Hotel Avala. The contract was for a 20-year lease on 50,000 m2 and an annex to the agreement also stipulated that the Municipality of Budva would act as guarantor for a 1.6-million euro loan from Montenegrobank. Budva’s parliament approved these arrangements after receiving assurances from Kulja\u010da – as well as municipal VP Lazar Ra\u0111enovi\u0107 and municipal manager Aleksandar Ti\u010di\u0107 – that Numerico Trading was indeed a renowned firm.<\/p>\n

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Ti\u010di\u0107, who is now the Prime Minister’s adviser, worked at the time on convincing city councilors and the general public that the agreement – signed with investors whose names were unknown – could in no way be damaging since: “only [Numerico] would be affected in the case of failing to return the credit, while the Municipality would become the owner of everything.” As it stands, Budva simply remains the owner of a 1.6-million euro bill that Marovi\u0107 and Be\u0107irovi\u0107 left the municipality with. The burden of this debt will now have to be serviced by taxpayers.<\/p>\n

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The Cyprus-based company also left behind equipment that was ostensibly acquired for building the Aqua Park. This equipment is still being warehoused in 10 containers that are stored in depots 17 and 25 of the Port of Bar’s container terminal.<\/p>\n

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According to the Central Registry of the Commercial Court in Podgorica, Numerico Trading Ltd. is the founder of Aqua Park DOO based in Budva. The executive director of Aqua Park DOO is Bla\u017eo Radoman, who represents the municipality of Budva in a number of public companies, including the infamous Budva Holding (where he replaced the former director Lazar Ra\u0111enovi\u0107).<\/p>\n

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When one considers the true owners of the company whose debts the municipality is now servicing, it becomes clear why Kulja\u010da, Ra\u0111enovi\u0107 and Ti\u010di\u0107 invested enormous efforts into hiding this information from Montenegro’s public.<\/p>\n

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Such behavior on the part of public officials is sufficient cause for suspecting that this was a well-planned and well-organized attempt to misuse their powers to harm Budva’s budget by millions of dollars. Someone will have to answer for these actions.<\/p>\n

\n","protected":false},"excerpt":{"rendered":"

(Podgorica, 17 November 2011) – According to information obtained by MANS researchers, the son of DPS vice-President Svetozar Marovi\u0107, Milo\u0161 Marovi\u0107 and Dragan Be\u0107irovi\u0107 – who was murdered in Budva at the beginning of this year – are behind the Cyprus based company Numerico Trading Ltd. The Municipality of Budva has been servicing a 1.6-million<\/p>\n

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