OAPs arrested in Slovakia for nuclear smuggling

By bne IntelliNews December 16, 2011

bne -

If ever proof was needed that the pension systems in Central Europe require urgent reform, then the arrest of a gang of pensioners in Slovakia for attempting to smuggle nuclear materials may be it.

Police in Slovakia announced on December 15 that they have arrested seven members of what is being branded a "pensioners club" for hawking radioactive substances, believed to be sourced from the former Soviet Union. Slovak Police President Jaroslav Spisiak said that the materials had not entered the country, but that the gang members had taken photos of it and sent them out to prospective buyers in the hope of making a cool €500,000.

In a statement, the Slovak police said that the leader of the gang, which has been under surveillance since 2009 according to AP, was a 71-year-old Czech, whilst his Slovak accomplices were aged between 52 to 61. The suspects face up to 10 years in jail if found guilty of illegally trading in radioactive materials. "They have been charged with the criminal acts of illegal production and possession of nuclear material, radioactive materials, highly dangerous chemical substances and biologically aggressive substances and toxins," the statement reads.

Czech state attorney Roman Kafka said, according to CTK: "The group originally wanted to sell the substance on the territory of the Czech Republic. It was later found out that the related negotiations and the handing over of the substance were to take place on the territory of the Slovak Republic."

"It was a group of persons whom we could call a 'pensioners club' because the main organiser is 71 years old and the other members are aged 52 to 61," Spisiak said.

The Slovak police - who last dealt with suspected nuclear smuggling in 2007 when it investigated a suspected $1m deal for enriched uranium - arrested the group members in late November and early December.

Related Articles

UK demands for EU reform provoke fury in Visegrad

bne IntelliNews - The Visegrad states raised a chorus of objection on November 10 as the UK prime minister demanded his country's welfare system be allowed to discriminate between EU citizens. The ... more

Czech food producer Hame seen next on the menu for Chinese giant

bne IntelliNews - Following a smorgasbord of acquisitions in late summer, China Energy Company Limited (CEFC) is eyeing yet another small Czech purchase, with food ... more

INTERVIEW: Babis slams coalition partners, but Czech govt seems safe for now

Benjamin Cunningham in Prague - Even as the Czech governing coalition remains in place and broadly popular, tensions between Prime Minister Bohuslav Sobotka and Finance Minister Andrej Babis remain ... more

Register here to continue reading this article and 2 more for free or purchase 12 months full website access including the bne Magazine for just $119/year.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

To continue viewing our content you need to complete the registration process.

Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

If you have any questions please contact us at sales@intellinews.com

Subscribe to bne IntelliNews website and magazine

Subscribe to bne IntelliNews website and monthly magazine, the leading source of business, economic and financial news and commentary in emerging markets.

Your subscription includes:
  • Full access to the bne content daily news and features on the website
  • Newsletters direct to your mailbox
  • Print and digital subscription to the monthly bne magazine
  • Digital subscription to the weekly bne newspaper

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

bne IntelliNews
$119 per year

All prices are in US dollars net of applicable taxes.

If you have any questions please contact us at sales@intellinews.com

Register for free to read bne IntelliNews Magazine. You'll receive a free digital subscription.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

IntelliNews Pro offers daily news updates delivered to your inbox and in-depth data reports.
Get the emerging markets newswire that financial professionals trust.

"No day starts for my team without IntelliNews Pro" — UBS

Thank-you for requesting an IntelliNews Pro trial. Our team will be in contact with you shortly.

Dismiss