$6.75mln stolen from Albania's central bank

$6.75mln stolen from Albania's central bank

PanARMENIAN.Net - Albania's central bank says 713 million leke (5 million euros; $6.75 million) has been stolen from its reserve storage building, according to the Associated Press.

Authorities arrested two bank employees last week.

The Bank of Albania, which is in charge of the country's price stability and manages 16 private banks, said Wednesday, July 30, that the cash was stolen over time. It did not provide further details, but insisted that the bank's operations had not been affected and it was supplying the country's banking system with the necessary liquidity.

Local media reported that one of the suspects acknowledged the theft over the last four years, saying he had spent much of the money on gambling.

 Top stories
“One of my priorities, as Ambassador, is to further develop our bi-lateral economic ties,” said U.S. Ambassador to Armenia Richard Mills, Jr.
Azerbaijan’s aggression against Nagorno Karabakh failed to strike a blow to Armenia’s economy, the Minister of Economy said.
Total underground mineral resources comprised 4.3 million tons of ore, averaging 4.2 grams per ton for 0.6 mln ounces of gold equivalent.
For those with a monthly consumption of 10 thousand cubic meters or more, the current price of $276.98 would be reduced to $257.56.
Partner news