Two people convicted of money laundering: Prison, house arrest, to pay hundreds of thousands of euros...

The High Court stated that the verdict was announced today in the Special Department of the High Court in Podgorica.

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High Court in Podgorica, Photo: Luka Zeković
High Court in Podgorica, Photo: Luka Zeković
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

For money laundering, TV was sentenced to six months of house arrest and to pay a fine of 346.240,47 euros, while MG will spend two years in prison, and is obliged to pay a fine of 416.200,00 euros and 80.000 dollars.

This was announced by the Higher Court, stating that the verdict was announced today in the Special Department of the Higher Court in Podgorica:

"By which the accused TV and MG were found guilty of committing the criminal offense of money laundering under Article 268, paragraph 3, in conjunction with paragraph 1, in conjunction with Article 49 of the Criminal Code of Montenegro. The accused TV was sentenced to 6 months in prison, which the accused will serve in the premises where she lives, while the accused MG was sentenced to 2 years in prison. Based on Article 113, paragraph 1 of the Criminal Code of Montenegro, the court obliged the accused to pay a monetary amount, namely TV an amount of 346.240,47 euros, and the accused MG an amount of 416.200,00 euros and 80.000,00 USD, which amounts correspond to the acquired material benefit. After the announcement of the verdict, the president of the panel, Judge Vesna Kovačević, briefly announced the reasons for the verdict," the statement reads.

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