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Gold/Mining/Energy : YBM Magnex Intl Sees Revenue Growth 30-35%/Yr In MagnetOp

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To: Mr Metals who wrote (209)7/9/1998 2:23:00 AM
From: Adrian du Plessis  Read Replies (1) of 314
 
Mafia informer, innocent bystanders killed by bomb blast

Tamas Boros, Hungarian restaurateur, night-club owner and mafia figure, was killed last week when a powerful car bomb exploded in Budapest's Vaci Street tourist and shopping district. The remote-controlled bomb, estimated by police to contain 20 sticks of dynamite, was set off shortly before noon on Thursday, July 2 and killed three bystanders. Dozens more were injured by the blast. The target of the bomb, Boros, had been providing Hungarian police with information on mobsters including Semion Mogilevich, one of the founding interests of YBM Magnex and a current YBM shareholder. The now-dead informant had reportedly provided authorities with details of Mogilevich's loan interest in an automobile trading company and had been particularly helpful to investigators probing the theft of large quantities of petroleum in a fraud known as the Energol case. (Diesel oil and other grades of petroleum products are primary commodities in the mafia-controlled black markets and smuggling rackets of Eastern Europe and the former Soviet Union.) Budapest's chief of police, Attila Berta, told Reuters: "After Boros's death, the police do not have any more witnesses who knew so much about the underworld, its entertainment industry or who would have an interest in oil." In the past 18 months turf wars have broken out in Hungary between rival criminal gangs and there have been over 150 bombings and firebombings. Last week's deadly blast was the first to claim the lives of innocent bystanders.
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