Italian investigators have called on former British Foreign
Secretary Douglas Hurd to testify about charges of bribery and
embezzlement. The inquiry involves NatWest Markets, "when the bank
advised on a controversial deal involving Telecom Italia and the
Serbian telephone network in 1997." Some charge that money paid by
Telecom Italia for a stake in Telekom Serbia actually ended up in the
hands of "bank accounts and front companies controlled by Slobodan
Milosevic and his associates," the Observer reports.
Hurd was a staunch opponent of Western intervention in Bosnia to
stop Serb atrocities there and "was perceived to have been
sympathetic to the Serbs during the Balkans conflict," the Observer
notes. He later served as deputy chairman of NatWest during the time
of the Telekom Serbia deal.