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Alta Bank owner arrested over alleged treasury withdrawals

Serbian authorities arrested Alta Bank owner Davor Macura and two bank employees on suspicion of abuse of office and assisting him in allegedly withdrawing about 45 billion dinars, nearly 385 million euros, from the bank’s treasury. The Public Prosecutor’s Office for Organised Crime said the employees allegedly enabled unauthorized access to the vault. The National Bank revoked Alta Bank’s licence three days earlier.

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