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Do Kwon’s extradition was used as pressure in airport negotiations between Montenegro and South Korea, former justice minister claims

Key recommendations

  • The Prime Minister of Montenegro allegedly used Do Kwon’s extradition as leverage in a deal with the airport.
  • The Prime Minister bonded with Do Kwon through an investment of $75,000 in Earth/Moon tokens.

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Montenegrin Prime Minister Milojko Spajić is accused of using Do Kwon’s extradition as leverage in a 30-year airport concession deal with South Korea, according to Vijesti’s report. Former justice minister Andrej Milović claims that Spajić shifted his support to South Korea’s bid to manage Montenegrin airports after the Court of Appeal ruled in favor of Do Kwon’s extradition.

Spajić has been preparing for months to grant France a concession on Montenegrin airports. However, according to Milović, after the Court of Appeal ruled that Do Kwon should be extradited to South Korea, Spajić began “talking positively” about a deal with a South Korean airport.

“That’s why, I ask Spajić, did he extort extradition to cover the case, in exchange for the concession of the airport in Montenegro?” Milović said.

He suggested that Spajić is trying to change the extradition of the founder of Terraform Labs for the interests of the state, hiding his own role in the case. SEC filings show that Spajić invested $75,000 in Terra/Luna tokens, linking him to Do Kwon’s failed crypto project.

Montenegrin President Jakov Milatović and former Prime Minister Dritan Abazović accused Spajić of lying about his connection with Do Kwon, despite records showing multiple meetings between the two.

“I asked him if he knew Do Kwon. He told me he didn’t know him. He also said this in front of ten members of PES, who are now ministers,” Milatović said during a televised interview.

The final decision on whether to extradite Do Kwon to either South Korea or the United States now rests with Justice Minister Bojan Božović after the Supreme Court of Montenegro ruled that previous decisions were illegal.

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