Sep 10

Albania Central Bank Governor Arrested Over Theft Of $7 Million From Bank Vaults (ZeroHedge, Sep 9, 2014):

About a month ago we mocked the Albanian central bank when reports emerged that “two employees” had been charged with the theft of some $6.6 million in cash from the bank’s vaults. Specifically, back in July the arrests come five weeks after a worker at the central bank admitted to stealing money over the course of four years, taking new bank notes printed in Switzerland when they arrived at his workplace and replacing them with old books. As it turns out, since there is a central bank involved, there is once again more than meets the eye, and the story has since mutated into something far more grotesque than even we could imagine, with news coming out late last week and over the weekend that not only was the theft by “two employees” a misdirection, but that the guilty party was none other than the Albanian version of Janet Yellen, the governor of the central bank himself Ardian Fullani.

From Reuters:

Albania’s central bank governor Ardian Fullani was arrested on Friday evening in his office on charges of abuse of office over the theft of 713 million lek (6.63 million US dollar) from the bank’s vaults, the prosecutor’s office told Reuters. Continue reading »

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Jun 26

Head Of Fourth Largest Albanian Bank Assassinated In Broad Daylight (ZeroHedge, June 26, 2014):

It was about two months ago when in a shocking development in the otherwise sleepy tax-evasion haven of Lichtenstein, the CEO of local Bank Frick, was murdered in the underground garage of the bank by a disgruntled former client. As readers may recall, the tragic event happened at a time when there was a spike in banker suicides, prompting us to wonder if “with the first open bank CEO murder, one wonders if there will be a change in the pattern.” Two months later it appears as if the vector of death is indeed changing when, as Reuters reported, overnight the head of the fourth largest bank in Albania, Credins, was murdered, shot at least five times, as he entered his office in the capital Tirana.

Continue reading »

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