Former Bosnalijek CEO sentenced to 10 years in landmark organized crime case

The Court of Bosnia and Herzegovina has delivered a first-instance verdict sentencing Nedim Uzunovic, the former general director of the "Bosnalijek" pharmaceutical company, to 10 years in prison.
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Alongside the primary sentence for Uzunovic, other defendants in the case were handed prison terms of one year each. Additionally, the legal entity "Bosnalijek" has been ordered to pay a fine of 2.5 million Bosnian marks (approximately € 1,278,230).
The legal proceedings against Uzunovic and 14 other physical and legal entities involved charges of organized crime, abuse of position or authority, concluding harmful contracts and money laundering.
According to the Prosecutor's Office of BiH, which raised the indictment in 2023, these criminal acts were committed between 2005 and 2016 within the business operations of "Bosnalijek."
The prosecution successfully argued that Uzunovic acted as the organizer of a group established to obtain illegal financial benefits. The scheme utilized multiple offshore companies registered in the British Virgin Islands and the Seychelles. These entities were used to facilitate financial transactions under the guise of marketing and consulting services that, according to investigators, were never actually rendered.
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