Word: abdicate
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...Tokhtakhounov is accused of manipulating results in the ice dancing and pairs skating events so that gold medals would be awarded to the French and the Russian teams, respectively. If convicted he faces a maximum sentence of 10 years in prison and a $500,000 fine. SENTENCED. FIKRET (BABO) ABDIC, 63, once considered to be the richest man in Bosnia; to 20 years in prison for war crimes that led to the deaths of 121 civilians and three prisoners of war; in Karlovac, Croatia. Following the collapse of communist Yugoslavia, Abdic distanced himself from the Bosnian government and declared himself...
...they screamed. "Murderers!" "Go back to Serbia!" One of the worst incidents occurred in Sisak, where Croats began pulling people out of their vehicles and beating them; a woman later died from her injuries. In one of this war's strangest twists, more than 30,000 followers of Fikret Abdic, a Muslim who aligned himself with the Croatian and Bosnian Serbs, found themselves camped near the Croatian border, unwelcome anywhere despite an agreement between Abdic and the Bosnian government. "Do you think any country would take us?" Ibrahim Djedovic, once Abdic's chief of security, asked desperately. "Perhaps Singapore...
...republic of Bosnia-Herzegovina, had issued up to $500 million in worthless IOUs to 63 Yugoslav banks and other enterprises. The revelations forced the country's Vice President, Hamdija Pozderac, to resign after the Belgrade newspaper Borba and other publications linked him to the scandal. Agrokomerc Chief Executive Fikret Abdic is in jail awaiting trial. At least six top Communist officials in Bosnia-Herzegovina resigned from their posts or were expelled from the party as a result of the scandal, along with dozens of lower-ranking figures. The ousters represented one of the few instances in which the press...
...swindle was the power that local Communist chiefs have over regional banks. According to Yugoslav press accounts, Abdic pressured the local branch of Privredna Banka, the Bosnian central bank, into providing guarantees for a steady flow of unsecured promissory notes issued by Agrokomerc. The guarantees made it possible for Agrokomerc to sell the notes for cash to other banks. Abdic plowed the proceeds into his ambitious development plans for the company and lavish community projects for Velika Kladusa, including an Olympic-size swimming pool...
...unravel last January when, following a warehouse fire, police discovered falsified bank orders in Agrokomerc's records. Newspapers, relying on government leaks, began running stories on the scandal in August. Earlier this month the entire governing boards of both Agrokomerc and the Privredna Banka branch were fired, while Abdic and seven others were jailed on charges of "counterrevolutionary activities." Following demands for a purge of the Bosnian hierarchy from Communist leaders in Belgrade, the capital, 50 functionaries were expelled from the republic's party organization...