🇷🇸 Serbia Shuts Down Alta Bank as Owner Faces $428 Million Siphoning Allegations Serbian authorities have detained Alta Bank owner Davor Macura on suspicion of illegally transferring around 45 billion dinars (approximately $428 million) from the lender. The central bank had revoked Alta Bank’s licence after citing worsening liquidity and launched bankruptcy proceedings. The case is drawing attention because Alta served many Russian residents and businesses in Serbia, and the shutdown comes amid a major political transition following the recent election. The allegations have not been proven. Why it matters: The case could affect confidence in Serbia’s banking system and scrutiny of financial channels used by Russian businesses and residents. What to watch: - Whether prosecutors confirm the alleged transfers. - How depositors recover funds above the €50,000 insured limit. - Whether the investigation reveals wider political or cross-border financial links. #Serbia #Russia #BankingCrisis #Geopolitics #FinancialSecurity Tokens: $EUR · $RUBI.US · $BTC