Muhamed Borhan Rašid

Muhamed Borhan Rašid

businessman Palestine

Muhamed Borhan Rašid is a Palestinian businessman known for his controversial investments in Montenegro, particularly through his company Budva Heights. Formerly a close advisor to Palestinian leader Yasser Arafat, Rašid has faced legal issues, including a warrant for his arrest due to allegations of financial misconduct. He established his business presence in Montenegro 18 years ago, navigating a series of company name changes and significant financial challenges. His firm has struggled with debts and tax obligations, recently coming under scrutiny for failing to pay property taxes on a prime land complex near Budva, leading to enforcement actions by local authorities.

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Montenegro Montenegro: Muhamed Borhan Rašid is a Palestinian businessman involved in a tax dispute regarding his company 'Budva heights'. 5

Vijesti – largest independent Montenegrin daily, est. 1997: Opština Budva naložila Rašidu da plati porez