aib declined to comment.references what appears to be a company, celtic properties d00, and there's an intriguing note. "for apartment noj64 in blue horizon." so where is blue horizon and apartmentj64? bad money likes to hide in beautiful places. the money we're following landed in an irish bank account — celtic properties d00. "celtic" suggests an irish company. but the "d00" is what takes us here. "d00" is a common abbreviation used in countries with slavic languages. it means "limited company". and this one is in montenegro. a montenegrin property development company with irish owners. it's surprising to find irish developers building apartments on the adriatic coast in this small balkan country. but montenegro — populationjust 700,000 — is a surprising place. it's a member of nato but has strong political ties to russia. it's not in the eu, but it wants in and uses the euro as currency. and it's laundered euro, 275,000, that bought one apartment from irish property developers here, that's the focus as i f

then laundered it through estonia, before paying it into the aib bank account in ireland, in return fore ownership. but if we can establish who bought apartmentj 64, we will be able to put a name and face to the transaction. the answer should lie in documents held at the montenegrin property registry. with the assistance from jovo, we managed to navigate the bureaucracy and get hold of some important paperwork from the owner. we have their name, their date of birth, their home city and even their passport details. and this is him. dimitri. 52 years old. and yes, he is russian and born in moscow. and what the documents also reveal is he was no ordinary russian holidaymaker in montenegro. because in 2008 he didn'tjust buy apartmentj 64—in fact he spent more than 1.4 million euros buying seven apartments in the irish developers. —— from the irish developers. the money to buy apartmentj 64 came directly into a bank account in ireland from a bank account in ireland from a bank account linked to one of russia's most dangerous organised crime gangs. a gang that has robbed the russian people of