Serbian sock producer suspected of money laundering in the US


Sock producer Real Knitting, headquartered near the Serbian town of Backa Palanka, received a financial transaction worth US$1.2m, which a New York bank says could be a case of money laundering, according to the Crime and Corruption Reporting Network (KRIK).

KRIK claims the sock factory in Gajdobra has received millions of dollars in government subsidies, but its workers complain repeatedly about poor working conditions.

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