N1SRP — broadcast
20261102 160000 UTC
431 transcript segments
Google Cloud Speech-to-Text API (Chirp) + Gemini 2.5 Flash Non-Thinking
Data courtesy of The GDELT Project (https://www.gdeltproject.org/), from the Internet Archive TV News Archive.
Machine transcription. Treat it as a searchable index of what was broadcast, not a verbatim quotation record.

[00:00:00] arrested in connection with money laundering. About Alta Bank,
[00:00:03] we are discussing live with Professor of the Faculty of Economics
[00:00:07] Đorđe Đukić.
[00:00:09] Hearings continued in connection with the Senjak case and the arrest of
[00:00:13] the Head of the Criminal Police Directorate, Marko Kričak. Our guest today is journalist Miloš
[00:00:17] Želazić.
[00:00:21] The Head of the Service for Combating Organized Crime, Marko
[00:00:24] Zafirović, as well as the Deputy Head of the Criminal Police Administration,
[00:00:28] Nevenko Marić. They were invited for
[00:00:32] an informational interview at the police station in connection with the Senjak case.
[00:00:35] Marko Zafirović, according to a source from the Nova RS portal,
[00:00:39] received a summons for an informational interview on the order of the Special
[00:00:43] Department for Combating Corruption of the Higher Public Prosecutor's Office in
[00:00:46] Belgrade. On the other hand, also on the order of the Special Department for
[00:00:50] Combating Corruption, the Deputy Head of the Criminal Police Directorate,
[00:00:53] Nevenko Marić, was also summoned for an informational interview, reports
[00:00:57] RTS. Marić is the former head of the Novi Sad
[00:01:00] police, and let's remember, yesterday the head
[00:01:04] of the Criminal Police Administration, Marko Kričak, and the head of the
[00:01:07] Service for Combating Crime, Boško Sekulović, were arrested. Journalist of the weekly Radar,
[00:01:10] Vuk Cvijić, said in the Impression of the Week
[00:01:13] that the two of them filed a criminal complaint for the case
[00:01:17] of murder in restaurant 27 in Senjak and that they are now
[00:01:21] called to account.
[00:01:23] It seems to me that the prosecutor's office, which it is important to say, initiated
[00:01:27] Kričak's arrest, led the same
[00:01:30] procedure, but that is the prosecutor's office that
[00:01:34] for all these years, especially since Nejan Stefanović has been leading it,
[00:01:37] ignored many complaints from students,
[00:01:41] citizens about beatings by the very unit that
[00:01:44] led the beatings that were carried out by the unit
[00:01:48] led by Marko Kričak, which is
[00:01:50] the protection unit. There are recordings, there are testimonies,
[00:01:54] I even saw them personally beating some people
[00:01:58] in front of the Faculty of Law. How they arrest them, how they arrest
[00:02:02] students and professors. Then the police
[00:02:05] violated the autonomy of the university, which has not
[00:02:08] been done since the Nazis occupied
[00:02:12] Belgrade.
[00:02:15] We are in the midst of the arrest season, at least that's how the previous two
[00:02:18] days looked. About the background of the events that accompany the arrests themselves,
[00:02:21] I'm talking to
[00:02:33] we comment on the arrests, let's comment on the pardons.
[00:02:36] We found out who is on that list of pardoned people. The president
[00:02:40] did it on September 27th, if I'm not mistaken, and now
[00:02:43] the uh uh decisions of the higher court
[00:02:47] and other courts are coming. Now, what is interesting is that
[00:02:51] the former president
[00:02:54] said that there are no known names on that list.
[00:02:57] We immediately saw Dijana Hrkalović.
[00:03:00] Well, citizen Vučić, the former president, of course, in this case
[00:03:04] was not telling the truth, just as he did not tell the truth in many cases. He is the same man who said that
[00:03:08] the canopy was not reconstructed, that
[00:03:10] the gendarme Lazar Bačić had his eye
[00:03:14] injured by students. So, he is a man who is unscrupulous, who will
[00:03:17] use every opportunity, first to push himself in, to announce something,
[00:03:21] secondly, that he always looks for some
[00:03:25] control, please, writes on benefit for himself. Don't forget that he constantly says "blockaders came", not formally legally still in power in this
[00:03:29] country. The Serbian Progressive Party holds it, and this
[00:03:32] pardon of Dijana Hrkalović is a slap in the face to
[00:03:36] the state of Serbia, the people of Serbia, and the institutions of Serbia, because
[00:03:39] the woman was accused of influence peddling. That means she was
[00:03:43] the former state secretary, the former state secretary
[00:03:46] of the Ministry of Interior who came there to discipline. This is the beginning of
[00:03:51] out more at disciplining the police, which means all these loyalists who emerged, their vanguard was
[00:03:54] Dijana Hrkalović, who kicked open doors. That means
[00:03:58] she ruled the roost, appointed personnel in the Ministry of Interior and was involved
[00:04:02] in some serious criminal acts, which means where she influenced, and you
[00:04:05] pardon that person. That is a message to all
[00:04:08] thugs, to all pickpockets, to all
[00:04:12] hooligans, "feel free to beat, kill,
[00:04:14] steal, your leader is there to protect you." This
[00:04:18] has nothing to do with a legal state. Someone needs to check if
[00:04:22] this is according to the law, and if not, citizen Vučić should be held accountable.
[00:04:26] Yes, on that list of pardoned people, when we talk
[00:04:29] about... thugs, there is Marko Pavlović, who hit the student
[00:04:33] Sonja Ponjević, we know, during one of the student protests.
[00:04:37] And it's interesting about that case that the
[00:04:41] uh indictment was for attempted aggravated murder, and we
[00:04:45] actually haven't seen the epilogue yet. Well, those
[00:04:48] people simply cannot be prosecuted criminally.
[00:04:52] Yes, to remind the viewers, that's the case in Roosevelt
[00:04:56] Street when Sonja Ponović was standing on
[00:04:59] the sidewalk at that moment, not on the road. The man couldn't wait,
[00:05:03] he went on the sidewalk and hit that girl who suffered
[00:05:06] serious bodily injuries, I think it was a concussion. So you
[00:05:10] pardon such people. Before that, she pardoned
[00:05:13] four thugs who broke a girl's jaw in Novi Sad,
[00:05:16] a student. He pardoned them too. So, he is a man
[00:05:19] who supports complete lawlessness, no matter how much he refers to institutions,
[00:05:23] those institutions are good when they work for him, when they interrogate someone for a tweet
[00:05:27] for six months, when they arrest this unfortunate Novica Antić by
[00:05:30] habit, they arrest people. That is the higher public prosecutor's office in
[00:05:34] Belgrade. That Nenad Stefanović in an official statement
[00:05:38] regarding the latest arrest of Novica Antić wrote because of
[00:05:41] insinuation. Insinuation cannot exist in
[00:05:44] criminal law, disturbing the public to cause verbal delict,
[00:05:48] that's a step back, you didn't write that, we know what you
[00:05:50] meant. So, that's a terrible
[00:05:54] situation. Now, let's start, these were pardons and we will probably
[00:05:58] analyze who else is on that
[00:06:01] list. Uh, as I said in the announcement, the season
[00:06:05] of arrests, unfortunately, uh, we are witnessing all
[00:06:09] that after the elections, uh, the latest arrest
[00:06:12] is Davor Macura, the owner of Alta Bank. It is suspected that
[00:06:16] 380 and more million euros were withdrawn from
[00:06:18] the bank.
[00:06:21] Uh, at the time the title was "Open Heart Operation of the Former
[00:06:24] Regime". How do you comment on
[00:06:27] these discoveries that accompany it? Well, nothing, David Matura, this Davor Macura,
[00:06:31] that's the classic criminal trick for escape.
[00:06:35] So, those old criminals, let's say from the time
[00:06:38] of Yugoslavia and the 90s, all had big gold chains.
[00:06:43] That was partly to show off, partly if the police started chasing them,
[00:06:46] they could run away and immediately melt that gold chain to get some
[00:06:50] cash, because escaping is a very expensive thing. These don't have this, since the whole
[00:06:54] regime is criminalized, the former regime, the outgoing regime, let me
[00:06:57] call it that, they don't have gold chains, but they have Davor Macura and Alta Bank.
[00:07:01] So, I find the amount of cash held by any bank unbelievable. I don't
[00:07:05] know if the German central bank has such an amount
[00:07:09] of cash in its vaults, because that is dead capital. Obviously, it was used for
[00:07:13] some other things. In addition, it's Alta Bank, to which a lot of business
[00:07:16] from some state went through Alta Bank, payment
[00:07:20] of electricity bills, yes, electricity, all of that, I mean payment
[00:07:23] cards, exchange offices, a lot of those things went through Alta Bank,
[00:07:26] and where is this governor, this
[00:07:29] Jorgovanka Jorgovan, really just a decorative flower, they did nothing. It's impossible that
[00:07:33] they didn't notice something was happening, and the question of criminal
[00:07:37] responsibility needs to be raised: who tolerated such behavior of Alta Bank? It's impossible. I was
[00:07:41] called once for 100 euros that was paid to me from abroad, and this
[00:07:44] man has 380 million euros in his safe.
[00:07:48] Every payment from abroad is subject to observation. 100 euros,
[00:07:52] yes. 380 million. What
[00:07:55] do you expect to happen next in that procedure? You say accountability must be
[00:07:59] established. Davor Macura is not alone in this. I'm not an economist
[00:08:03] and I won't go into that part, but that is, in my opinion, an
[00:08:06] organized criminal group that operated according to a pre-determined plan.
[00:08:09] That means you have, in my opinion, all the definitions of an
[00:08:12] organized criminal group: three or more persons over a longer period of time. It couldn't
[00:08:16] have happened in one day, it wasn't a sudden decision to grab everything you
[00:08:20] have in the safe overnight and run away. So someone planned that action. If this
[00:08:23] happens, we will take the money for escape. So,
[00:08:27] everyone should be held accountable as an organized criminal group. Membership in an
[00:08:30] organized criminal group is a criminal offense and the confiscation of property. There,
[00:08:34] whoever participates will have to answer,
[00:08:37] but until everything is changed, who will? The Ministry of Interior will not
[00:08:41] give people from the group, for example, the Ministry of Finance
[00:08:44] will not, the tax authorities will not, the National Bank, whether
[00:08:48] it will participate or not, what will they do, investigate themselves? So,
[00:08:51] we have, we need a serious reset. This is just the tip of the iceberg,
[00:08:55] I'm afraid. So that's just for a week. That's literally
[00:08:58] their escape money. How much they have
[00:09:02] taken, I'm afraid we'll only find out later, that these are huge figures,
[00:09:06] figures, staggering figures. Yes, uh, big, but it's good that it started.
[00:09:10] Yes, it's good that it started. I don't know... will be discovered, we'll see.
[00:09:14] There must be clear evidence for everything, right? Of course, these
[00:09:17] procedures are not that fast, perhaps the public
[00:09:20] would expect, because many people here, let's say, will be
[00:09:23] harmed, at least when it comes to Alta Bank, who are not guilty
[00:09:27] of anything at all. This forces them to use the services of that bank.
[00:09:30] Of course, of course, we'll see how that process unfolds, but the arrest of
[00:09:34] uh uh Head of the Criminal Police Directorate Marko Kričak,
[00:09:38] and Head of the Service for Combating Crime
[00:09:41] Boško Sekulović, attracted a lot of attention. "And now they are accused of causing damage, seriously
[00:09:45] violating the rights, I am reading this so I don't make a mistake, the rights of the assistant
[00:09:48] director of police Veselin Milić in the Senjak case. Let's
[00:09:52] explain briefly, first who are these two
[00:09:56] mentioned people and what exactly did they do in that
[00:09:59] Senjak case? Uh, these are people who allegedly,
[00:10:03] according to the prosecution, abused their position, and
[00:10:07] they extorted confessions from witnesses and
[00:10:10] suspects. Now actually in the case of the murder
[00:10:14] of Aleksandar Nešović Baja in restaurant 27 in
[00:10:18] Senjak. This I think this
[00:10:21] is one of those friendly arrests.
[00:10:25] This is done again by the Higher Public Prosecutor's Office in Belgrade, which packaged that same
[00:10:29] Milić based on the words it turns out of that
[00:10:32] same Kričak and and and whoever else, I won't go into it, but
[00:10:36] Kričak is important to me here, and now they are, I don't know, removing Kričak.
[00:10:40] For one thing, he was
[00:10:43] The order was issued by the special department for combating corruption.
[00:10:46] Kričak was arrested by his deputy, meaning
[00:10:50] his colleague from work arrested him. We don't have a video of Kričak with
[00:10:54] handcuffs. He wasn't arrested in his underwear at home, but
[00:10:57] escorted from the office. I'm afraid it's a friendly arrest, to get him
[00:11:00] out of the way. Because first, in my opinion, the internal
[00:11:04] control sector should handle it. If it's
[00:11:07] abuse, torture, extortion of evidence, that's a classic
[00:11:10] job for the internal control sector, where you have a loyalist at the helm, there's no
[00:11:14] chance of that. This way it's some kind of agreement, let's remove Kričak
[00:11:18] and have someone else arrest him, and they are now starting. So, he was arrested
[00:11:22] on November 1st, so this... "I heard
[00:11:25] that it was decided on October 30th that an urgent request
[00:11:28] was received. Before that, that case was
[00:11:32] dead in the drawer. They only had to follow the Nova
[00:11:36] portal's reporting, nothing more. We had statements on May 16th
[00:11:40] that those people were abused and tortured in the police. No matter who it is,
[00:11:43] a murderer, a murderer, Vesko Milić, Vesko Milić, no one has
[00:11:47] the right to extort evidence. So, on May
[00:11:51] 16th, we had that first information that the
[00:11:55] prosecutor's office and the internal control sector should have checked
[00:11:58] ex officio. On July 30th, Veselin Milić's lawyer filed
[00:12:02] a criminal complaint against Marko Kričak. They remember
[00:12:05] Marko Kričak later, so that's August, September, October, three
[00:12:08] months later. Yes, supposedly from May they lost the elections
[00:12:11] and then Nenad Stefanović remembers, "Oh, there's Marko
[00:12:15] Kričak." I mean. He's not the only Kričak, and how will Marko
[00:12:19] Kričak be held accountable? We know that Kričak is also known for
[00:12:23] leading that unit
[00:12:28] which was particularly brutal during student protests, which in my opinion
[00:12:32] exceeded their authority. Their special duty is to protect individuals and facilities, not to
[00:12:36] go into the streets to beat people and arrest them. You have the case
[00:12:39] of Nikolina Sinđelić whom they abused in in in this
[00:12:43] what's it called, in the garage of the
[00:12:45] Serbian government building, the government building. We know that event. That was a group of people, among
[00:12:49] them one foreigner. They took their phones. Marko
[00:12:52] Kričak, I've been following him for some time now. He shouldn't have been in the police at all. First of all,
[00:12:56] he shouldn't have been in the police in the first place, and secondly, he should have been sanctioned a long time ago. Mhm.
[00:13:00] A long time ago. In late
[00:13:04] 2023, he recorded a false confession from that student whom he
[00:13:07] beat up, took to a dark place, beat him up, interrogated him outside police premises, which
[00:13:11] is not allowed by law. He recorded that false confession and
[00:13:15] handed it over to tabloids, claiming that, I don't know, Marinika and Đilas gave some money
[00:13:19] to that guy to do something, I don't know, to attack the then
[00:13:22] president of the Republican Electoral Commission. That gave him wings, and then he
[00:13:26] distinguished himself as a loyalist. I think this is purely a removal, just
[00:13:30] as Dijana Hrkalović, the aforementioned, pardoned Dijana, placed
[00:13:34] Darko Elez under surveillance so that no one else from the police could monitor a convicted criminal
[00:13:37] from Bosnia and Herzegovina who was operating here.
[00:13:41] She placed him under surveillance so that no other police officer could
[00:13:44] eavesdrop on him, mhm. So, these are their old tricks. Because that same
[00:13:48] Stefanović wanted to take the canopy case from this higher
[00:13:51] prosecutor's office in Novi Sad, the public prosecutor's office for organized crime, and then he
[00:13:55] wanted to raise some mutant indictment
[00:13:58] against three people, not a single politician, not a single
[00:14:02] official of the Serbian Progressive Party. So, I
[00:14:05] don't know if Nenad Stefanović enlightened himself.
[00:14:08] Everyone has the right to change their mind, but I don't believe that. Mhm. The most loyal
[00:14:12] arrested all over Serbia. Yes, former UKP inspector Milan
[00:14:16] Dumanović, speaking on N1, said that in the security
[00:14:19] services, in the prosecutor's offices, there is an uncontrolled collapse.
[00:14:23] Yes, exactly, is that what you think too? Yes, yes, yes, yes, look,
[00:14:26] in the police, in
[00:14:29] the prosecutor's offices, in the courts, I hope, that's
[00:14:32] my opinion, based on some contacts,
[00:14:36] there are still honest people who want to do their job or at least
[00:14:39] haven't exposed themselves, they've stepped aside. The problem is with
[00:14:43] the leadership, that these are hierarchically structured
[00:14:47] organizations in which politics, this
[00:14:49] ruling party, until recently
[00:14:53] the ruling party, exercised an unlawful influence
[00:14:57] in personnel matters. So, you have statements from that former president
[00:15:00] Vučić that he is satisfied with some changes in the Ministry of Interior, from the position of
[00:15:04] president, where, as the students say, "this is an incompetent person."
[00:15:07] So, he was appointing people in the Ministry of Interior, in the prosecutor's office,
[00:15:11] in the court. And now this
[00:15:13] top is in a panic, because some of
[00:15:17] them are facing prison. The middle
[00:15:20] echelon, let's say, they will see which
[00:15:24] kingdom they will serve. But you still have people who want to arrest, to
[00:15:27] prosecute, to judge, probably. So there is a panic now.
[00:15:31] Here is a statement from the students in the blocked faculty today
[00:15:35] which asks if this is a reckoning within the former
[00:15:38] regime or if institutions are finally doing their job. Institutions are doing their
[00:15:42] job. The conflict between Veselin Milić and Marko Kričak started
[00:15:45] even before uh restaurant
[00:15:48] 27. It's a power struggle within the Ministry of Interior. In my opinion, there are no good
[00:15:52] guys there, they are all bad guys. Now, the fact that they have some unresolved
[00:15:55] issues, and now they are watching the photo finish and looking at
[00:15:59] each other, that's their business. I mean, the prosecutor's office itself should be doing
[00:16:03] its job, the more the better. Mhm. Now
[00:16:06] in the coming weeks and
[00:16:09] months, what can we expect when it comes to arrests? We cannot
[00:16:12] of course, uh, name people who will be arrested, no,
[00:16:16] but is there some domino effect there? What
[00:16:19] can be expected there? Well, I don't like
[00:16:22] to, uh, to predict anything, but in my
[00:16:26] opinion, the first and foremost thing would be to resolve the situation in the Ministry of Interior and
[00:16:30] the prosecutor's offices, because without that connection between the Ministry of Interior and the prosecutor's office,
[00:16:34] we will not have proper arrests or proper investigations. "We will
[00:16:37] perhaps have various tactics for
[00:16:41] raising pre-determined indictments that will be pre-determined
[00:16:44] to fail with loopholes. We will not have
[00:16:47] police officers who will arrest this... I mean, that's why I think that
[00:16:51] Kričak's agreement this... maybe
[00:16:54] I'm wrong, but let me not go into that. That means we first need
[00:16:57] to clean up the police, to remove all these loyalists, people who
[00:17:01] violated the law, people who are not competent, to clean them out of the police
[00:17:04] or to bring in some new people and to bring back some
[00:17:08] people who left or from the police. I think there is still a possibility
[00:17:11] to pick through and the same situation in the prosecutor's office. Some people
[00:17:15] need to be removed, some people need to be activated, but that's not simple, and to start, well, it's not
[00:17:18] simple to remove some people, those are processes. These people have been destroying
[00:17:22] the state for 12, 14 years. Yes, it's not easy. You have everyone,
[00:17:26] so I sometimes think the leader
[00:17:29] of a Ministry of Interior patrol has to be an SNS member,
[00:17:32] and the follower can be anyone. So they went to that level
[00:17:36] with every chief. "Every shift leader, every one
[00:17:39] had to be, to have some connection with the party, had to at one point
[00:17:43] violate the law, to protect the chairman, to send people to protect the chairman, to arrest
[00:17:47] people for tweets, to turn a blind eye to
[00:17:50] beatings, to financial malversations, to traffic
[00:17:54] violations. So, the same situation
[00:17:57] in the prosecutor's office, so exactly the same situation. So we will have
[00:18:01] a big problem to make
[00:18:04] So it will have to be pushed. This is now... "Push,
[00:18:08] the arrest season hasn't started yet, we hope
[00:18:18] Miloš Ž Lazić from Nova RS portal. Stay with
[00:18:22] Dan uživo, we will be back soon with you in the continuation, of course about Alta
[00:18:25] Bank.
[00:18:30] Trust Biljana's medicine against cough, number one in sales worldwide,
[00:18:33] Prospan. Before use, carefully read the instructions for indications, precautions,
[00:18:37] and side effects of the medicine. Consult a doctor or pharmacist. With Centrum,
[00:18:41] you give your maximum every day. Hey, a combination of carefully adjusted
[00:18:44] 23 vitamins and minerals for her needs, with more folic acid, calcium, and
[00:18:48] iron, and for him, with more vitamin B1, B3, and magnesium.
[00:18:52] Centrum multivitamin, number one in the world. It has been scientifically proven that the
[00:18:55] composition of Centrum products for people over 50 years supports mental
[00:18:59] cognitive health. What would you do if you won an apartment in
[00:19:02] Belgrade? I would probably celebrate for three days.
[00:19:06] Then I would move. I would give it to my sister. Then I would
[00:19:09] become a dad. To win this apartment in
[00:19:11] Belgrade? Now you too have the opportunity to win
[00:19:15] an apartment in the Saniville settlement in Belgrade or one of over
[00:19:18] 60 valuable prizes. Priceless. Open an account
[00:19:22] at IG Bank and make three transactions through the new IG Bank
[00:24:34] is a problem because there is no money, is it possible to trace it, where
[00:24:38] did it come from, who is responsible for it being taken out of the vault,
[00:24:42] the Alta bank case will be analyzed by Professor
[00:24:58] beginning I have to ask you, this information from today, the arrest of Davor
[00:25:01] Macura, the founder, owner,
[00:25:04] director of Alta Bank. How does 380 million
[00:25:08] a bank's vault? One must
[00:25:12] get taken out of euros, as stated,
[00:25:15] go into the internal procedure, who gave the order to take it out, who could
[00:25:18] enter the vault? You know, it's known who the
[00:25:22] trusted persons are who strictly operate with
[00:25:25] the possibility of accessing the vault, and what is key,
[00:25:28] in my opinion, you know, uh, did anyone from the central bank sign
[00:25:32] an approval or, more precisely, consent for
[00:25:36] such a large amount of cash to be taken out of the
[00:25:39] country, either in whole or in part, because the regulations are very
[00:25:43] strict and they provide the possibility, please,
[00:25:45] to fully verify
[00:25:48] the origin of the money... and how it crosses the border
[00:25:52] in the part that the one who receives the money or who wants
[00:25:56] to, you know, that cash that you are talking about, to receive it, must
[00:25:59] clearly state on what basis it was deposited
[00:26:02] in that, as it is called, correspondent bank. Therefore, can that money be
[00:26:06] returned, if it hasn't already dispersed from
[00:26:09] the correspondent bank's account? You mentioned,
[00:26:13] you heard, Stopanska bank in Bitola, which he practically
[00:26:17] bought as the owner, so it was in Skopje before that. So it is possible
[00:26:20] through inter-state cooperation, cooperation of central banks and cooperation
[00:26:24] of commissions for preventing money laundering and
[00:26:27] practically services that deal with it, you know, to completely trace
[00:26:31] that. What I am... the only thing I am skeptical about, based on what
[00:26:34] I know, is, you know, how to enter if cryptocurrency was used
[00:26:38] in the meantime to quickly transfer it and very
[00:26:41] quickly pass through who knows how many channels, which means I absolutely
[00:26:45] have no answer for that because I am incompetent for that part, because it is used
[00:26:48] as a tool everywhere, you know, in the world, that it is difficult to trace
[00:26:52] that much, we know that as uh as
[00:26:55] laymen, but here uh who, you mentioned
[00:26:58] responsibility, who could have known or should have known about
[00:27:03] that money flowing out of the bank somewhere, that's where you actually get to
[00:27:07] the essence. The Law on the National Bank of Serbia and the Law on
[00:27:10] Banking very precisely define
[00:27:13] the procedure within the bank. First, who is responsible among the members and
[00:27:17] the president of the executive board, the president of the supervisory board, in this case,
[00:27:20] you know, that is the arrested Mr. Macura. Then, two people independent of
[00:27:24] the bank sit on the supervisory board in every, you know, bank, who must not
[00:27:28] be shareholders or own any ownership stakes because they are
[00:27:32] the ones who should, please, ensure whether the bank operates in
[00:27:36] accordance with prescribed procedures or if something different
[00:27:39] is being done. What was immediately indicative to me, you see, and what
[00:27:42] the National Bank should have done, was to carry out a preventive
[00:27:46] control without, please, any public announcement.
[00:27:49] The first indicator was the enormous amount of cash, you know, which, according to
[00:27:53] what was published now at the end of the second quarter, was 38.8% in
[00:27:57] assets. For comparison, please, that is cash, right? The bank
[00:28:01] had cash. Usually high, but unusually high, so that your
[00:28:05] viewers would understand, I looked at the data correctly for accuracy, the five largest banks
[00:28:08] in Serbia had a share of cash from 16.4%, please, up to a maximum of
[00:28:12] 21.6%. So the first indicator is why do you
[00:28:16] keep such a large amount of cash in the bank which practically brings
[00:28:20] no profit, right? Secondly, that cash is usually
[00:28:24] placed in loans in banks, right? A bank is not for holding
[00:28:28] such a large amount of cash, or it is held, you know, for some so-called
[00:28:31] liquidity. That the bank, first of all, covers from its own sources what needs to be
[00:28:35] paid, whether if some citizens want to withdraw, please, their
[00:28:39] deposit or a company needs to make a payment. So that is the first
[00:28:42] indicator. The second indicator, when you look at it, is
[00:28:46] the expansion of that Alta group. Why am I telling you this?
[00:28:49] The bank is tiny. Its share in the banking industry of Serbia
[00:28:53] is, for your viewers, I have to be a bit technical but to simplify, under
[00:28:56] three%. So much, you know, expansion,
[00:28:59] buying banks from abroad, buying insurance from abroad. Then
[00:29:03] you know planning the construction of magnificent
[00:29:06] buildings, buying land from
[00:29:09] the bankruptcy of those four failed banks, which unfortunately completely
[00:29:12] destroyed, with which the Serbian banking sector was completely destroyed,
[00:29:16] if that preventive control had been done without public insight,
[00:29:20] what the National Bank, in the case of the governor, could, you know, on
[00:29:23] the basis of what his subordinate vice-governor for
[00:29:27] the website, who is that person who is responsible for control, to deliver
[00:29:31] to issue a so-called... boarding letter that all
[00:29:34] measures that the governor gives should be acted upon. We don't know that,
[00:29:38] or rather, it obviously wasn't done. I cannot claim
[00:29:41] 100%, that we cannot know exactly what happened inside, right?
[00:29:44] But if it was done, excuse me, then why would the vice-governors need
[00:29:48] to speak to the public now and ask the prosecutor's office to enter
[00:29:52] the bank to establish whether the reports that the bank
[00:29:55] presented were objective? Who does that? An external auditor
[00:29:59] paid by the bank, and the National Bank of Serbia. Again, so that your
[00:30:03] viewers understand what kind of responsibility it is based on
[00:30:06] authorization, it can say this audit report is not valid, we
[00:30:09] demand a subsequent audit of the bank and we appoint an auditor or an audit
[00:30:13] firm to do it. Nothing, as you can see, came of it.
[00:30:17] The outcome was, what I must say, you know,
[00:30:21] again for your viewers, sounds cynical, why? Those
[00:30:24] responsible within the central bank simply pass
[00:30:28] the responsibility from one to another. Then comes the night
[00:30:31] session where...
[00:30:34] That's right, that's right, there is a night session, what is also,
[00:30:37] please, key, we don't have information in public, who gave the order and
[00:30:41] signed that that bank can and how much can it take out, please,
[00:30:45] outside the borders, the borders of Serbia. In that sense,
[00:30:48] you see, one thing absolutely needs to be clarified,
[00:30:52] that Serbia should no longer fall into this trap which means that
[00:30:56] simply one party has absolute dominance through institutional services.