Economy
King Tobacco, Balkan Crime Lord
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Cigarette counterfeiting and smuggling in the Balkans is one of the primary drivers of crime and corruption in the region, according to a coalition of investigative reporting projects. Bosnia-Herzegovina alone is estimated to lose $200 million each year in tax revenue from tobacco smuggling, a sum that could approach billions worldwide. The Organized Crime & Corruption Reporting Project, with bureaus and partners in Sarajevo, Albania, Bulgaria, Ukraine and else- where, has assembled a massive investigative package on tobacco smuggling, and particularly the involvement of government officials in the region. High prices and taxes on tobacco in the West are driving the smuggling boom, with a packet of cigarettes purchased in Ukraine for less than a euro selling for seven euros in London. Extortion, murder are common, and a variety of dubious and notorious public figures are implicated, according to the report.