Pubdate: Tue, 17 Oct 2000
Source: New York Times (NY)
Copyright: 2000 The New York Times Company
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GERMAN REPORT ON MILOSEVIC'S MONEY TRAIL

BERLIN, Oct. 16 - Slobodan Milosevic, the former Yugoslav president, placed 
more than $100 million in foreign accounts and was involved in drug 
trafficking, Germany's foreign intelligence agency has charged in a secret 
report.

"Numerous hints let us recognize Milosevic and his entourage as an 
organized crime structure, engaged in drug trade, money laundering and 
other crimes," the Bild newspaper quoted the report as saying.

A spokeswoman for the intelligence agency broadly confirmed the newspaper's 
account. "Such a fortune cannot have been amassed by legal means," Lydia 
Rauscher, the spokeswoman for the Federal Intelligence Service, said today. 
The report, prepared for the German government, says that Mr. Milosevic has 
sent $100 million to Switzerland alone, she said.

The intelligence report says that Mr. Milosevic also controls accounts in 
other nations. Earlier this month the Swiss government said it froze 100 
bank accounts linked to him and his associates.

The intelligence service believes that he and his son Marko funneled a 
"three-digit million amount" abroad, Ms. Rauscher said.
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