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Money Laundering and Privatisation: The Money in Cyprus Scandal and the Privatisation of Jugoremedija

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Corruption and Democratic Transition in Eastern Europe

Part of the book series: Political Corruption and Governance ((PCG))

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Abstract

The chapter focuses on the emergence of political discourse on corruption and explains the role of this discourse in the political arena. In doing so, the chapter analyses two corruption scandals that surfaced in Serbia in the early 2000s. The Money in Cyprus Scandal pertains to a state-led investigation of a money-laundering scheme established under the Milošević regime. The Privatisation of Jugoremedija Scandal concerns the legitimacy of mass privatisation processes initiated by the first post-Milošević government. The argument is that the two scandals significantly influenced how corruption was understood in public discourse by introducing new elements, such as the protection of individual economic rights and the right of all social actors to participate in transitional reform.

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  1. Belgrade, Serbia

    Marija Zurnić

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  1. Marija Zurnić
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Zurnić, M. (2019). Money Laundering and Privatisation: The Money in Cyprus Scandal and the Privatisation of Jugoremedija. In: Corruption and Democratic Transition in Eastern Europe. Political Corruption and Governance. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-90101-5_5

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