Special Department for Organised Crime

Bubalo acquitted of fraud charges in Port of Belgade case

BELGRADE - The Special Department for Organised Crime of the Higher Court in Belgrade on Tuesday acquitted former Serbian minister of economy and privatisation Predrag Bubalo and several others of fraud in the 2005 sale of state-owned shares in the Port of Belgrade to the Luxembourg-based company Worldfin, owned by Serbian businessman Milan Beko.