C Bank - Favoured firms made $bn in Milosevic era

YUGOSLAVIA - Yugoslav companies given special privileges during the rule of Slobodan Milosevic creamed off more than 8.3 billion German marks ($3.66 billion) in extra profits, the central bank said on 18 July.

It published a list of 246 firms it has identified as having gained, some of which now face paying back well over two thirds of the money in a special tax.

"The total tax base for those identified as having gained extra profit is 4.5 billion German marks," central bank governor Mladjan

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