Cyprus Proposes Asset Freezes on Certain Yugoslav Assets, As NATO Tries to Enforce Oil Embargo, and U.S. Plans Cyberwar

On May 26, 1999, the Central Bank of Cyprus proposed to freeze assets held in Cyprus by certain Yugoslav offshore companies and banks who are on a prohibited list while almost simultaneously NATO is trying to enforce the voluntary oil embargo and the U.S. Government approved a plan to break into President Milosevic’s bank accounts... [more]