Cyprus denies Milosevic money laundering claims

The Cyprus government has fended off press allegations that money belonging to the former Yugoslav President Slobodan Milosevic has been laundered through Cyprus-based banks.

Government spokesman Mikhalis Papapetrou has said the government had not received any information relating to deposits by Milosevic and added that the authorities continue efforts to establish whether any illegal transactions have taken place or not.

"I want to repeat that the Republic of Cyprus has been working right on

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