Milosevic to face fraud charges

Yugoslav authorities say they are investigating the former president, Slobodan Milosevic, on allegations of fraud during his term in office. The probe centres on alleged false statements made by Mr. Milosevic on his financial assets which enabled him to procure a luxury residence in the upmarket Dedinje neighbourhood of Belgrade. Serbian Interior Minister Dusan Mihajlovic told Belgrade's B92 radio that Mr. Milosevic got a house he did not deserve on the basis of documents he had forged himself. Mr. Mihajlovic did not specify when the former president could be questioned. This could happen in the next few days, as the net closes on the former president, following the arrest on Saturday of his former police chief, Rade Markovic, correspondents are quoted by BBC as saying. Mr. Milosevic, who currently is living at his Belgrade villa, has so far denied the allegations. If taken to court on the above charges, he would face up to 3 years in prison.