The Podgorica company "Global Montenegro", a partner company of the President of Montenegro Milo Đukanović and his godfather Vuk Rajković, is no longer the owner of two hectares of land at the very entrance to Budva, at the foot of the Košljun hill.
The attractive land complex was registered by the Podgorica company "HoldCo east", which at the end of last year took over the credit obligations of the company of the head of DPS.
"News" is a small insight into the real estate register, where it is written that the basis of the acquisition of ownership is the stated "conclusion on handing over to the real estate owner".
The Podgorica company 'HoldCo east' registered on the attractive land complex. According to data from the Central Register of Business Entities, the company was founded by 'Seta Montenegro'. The executive director is now Uglješa Vučinić, who replaced Ivan Popović, while the authorized representatives are Mabry Patrick Thomas and Stramel Jason Brian. As 'Vijesti' previously announced, 'Seta Montenegro' and 'Hedco east' took over the factoring company 'Heta', formerly 'Hypo leasing', three years ago, which was formally shut down in July last year"...
A few days ago, "Vijesti" announced that, after a full 14 years, since it traded land in the metropolis of tourism, Đukanović's company no longer has any burden, which was apparently a prelude to the transfer of real estate.
Back in November last year, "HoldCo east" registered a lien on the land complex, stating that it is the creditor of a loan of five million euros, which before 2007 was taken by "Global Montenegro" for the purchase of 20 square meters.
On November 18, that company from Podgorica registered a mortgage in the cadastral records of the Administration for Cadastre and State Property and thereby blocked Đukanović's land.
"Mortgage in the amount of 5.000.000 euros is registered by the mortgage creditor 'Holdco east' with a prohibition on alienation without the consent of the mortgage creditor," it was written in the real estate newspaper at the time.
According to data from the Central Register of Business Entities (CRPS), this company was founded by "Seta Montenegro". The executive director is now Uglješa Vučinić, who replaced Ivan Popović, while the authorized representatives are Mabry Patrick Thomas and Stramel Jason Brian.
The company has the same authorized representatives, while the company was founded by the company "Seta Holdco SARL".
As "Vijesti" previously announced, "Seta Montenegro" and "Hedco east" three years ago took over the factoring company "Heta", formerly "Hypo leasing", which was formally closed in July last year. The Agency for the Protection of Competition had to give its consent for that takeover, which it did in February 2018.
"Global Montenegro" took a loan from Hypo Alpe Adria bank 13 years ago, and since it did not pay back, the bank transferred the claim to its factoring company "Heta", which registered the mortgage against itself.
The DPS leader founded the company "Global Montenegro" with Rajković, which sold a land complex in Budva at the end of February 2007 from an old Budva family.
Đukanović explained on several occasions that the company secured the money for the purchase of the attractive complex thanks to a loan of five million euros that it took out from Hipo Alpe Adria Bank (now Adiko Bank).
The loan was taken on February 14, 2008, and a year later, by annexing the contract, it was transferred to the jurisdiction of "Hypo Alpe Adria Bank Development". In all previous years, the bank had a registered mortgage on land plots, and at the beginning of March last year, the loan was transferred to "Heta Asset Resolution", which registered a mortgage for five million euros with a prohibition on alienation.
Đukanović announced in April 2013, when he sold shares in Prva banka and earned a million euros, that he would also sell the land in Košljun.
It is an attractive plot of land, because a residential complex of about forty villas is drawn on the plot according to the valid Detailed Urban Plan "Potkošljun". It is planned that a total of 150 apartments with a gross construction area of 27 square meters will be built.
"Global Montenegro" is otherwise blocked in the amount of 10.8 million euros, as written in the latest report of the Central Bank of Montenegro. With this, Đukanović's company reduced its debt by almost two and a half million since January, when the million block was disclosed.
At the beginning of January, "Global Montenegro" was blocked at 12.456.821,8 euros. Official data on the website of the CBCG show that it is a blockade based on the decision of public bailiff Aleksandar Bošković, which was made on September 9, 2016, and the decision of public bailiff Aleksandra Tomković Vukoslavčević, based on the decision made on November 8 of that year.
According to the data from the Central Register of Business Entities (CRPS), it is a matter of decisions that determine execution by registration, seizure, assessment and sale of Vuk Rajković's shares, which are still registered.
After the announcement of the million-dollar blockade, "Global Montenegro" announced that it does not owe the state of Montenegro a single cent in the name of any tax or any contribution.
"As a legal entity, the Global Montenegro company owes another legal entity the amount of the contracted loan and accrued interest," Đukanović's company explained.
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