US Treasury Department sanctions UNA TV and six other companies linked to Milorad Dodik

NEWS 18.06.202417:03 0 komentara
F.Z./N1

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated a network of two individuals and seven entities that provide major sources of revenue for U.S.-designated Republika Srpska (RS) President Milorad Dodik and his family. Dodik has used his official position to accumulate personal wealth through companies linked to himself and to Igor Dodik, US State Department said, adding that in 2024, Igor and Dodik exercised their control over senior Bosnia and Herzegovina (BiH) government officials to manipulate the draft BiH state budget so that a state-level contract could be awarded to Prointer ITSS d.o.o. Banja Luka Clan Infinity International Group—an entity in the network—outside of the competitive process. 

Dodik used his official position to direct RS government contracts to a network of private companies that he and Igor oversee. While Igor controls many of the companies in this network, he obfuscates his personal connection to the companies by relying on distinct nominal owners and directors. Infinity International Group d.o.o. Banja Luka (Infinity) is a holding company in BiH that directly or indirectly owns or is the majority owner of at least five other BiH-based companies: Prointer ITSS d.o.o. Banja Luka Clan Infinity International Group (Prointer), Kaldera Company El PGP d.o.o. (Kaldera), Infinity Media d.o.o. (Infinity Media), K-2 Audio Services Banja Luka d.o.o. (K-2), and Una World Network d.o.o. (Una).

Additionally, Sirius 2010 d.o.o. Banja Luka (Sirius) is an information technology (IT) company that operates within the Dodik family network. Along with Prointer and Kaldera, Sirius is well-known in BiH for being awarded lucrative government contracts. Together, Prointer and Sirius provide IT goods and services to organizations across the RS and BiH governments, while Kaldera primarily operates in the engineering sector.
Although Djordje Djuric (Djuric) and Milenko Cicic (Cicic) occupy ownership and management positions within the Network, respectively, Igor ultimately manages the financial decisions for network companies, including Prointer and Kaldera, and Igor’s approval is needed on business decisions.

Prointer, Kaldera, Sirius, and Cicic are being designated pursuant to E.O. 14033 for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Igor, a person whose property and interests in property are blocked pursuant to E.O. 14033.

Djuric is being designated pursuant to E.O. 14033 for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Igor.

Infinity is being designated pursuant to E.O. 14033 for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Djuric, a person whose property and interests in property are blocked pursuant to E.O. 14033.

Infinity Media is being designated pursuant to E.O. 14033 for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Infinity, a person whose property and interests in property are blocked pursuant to E.O. 14033.

K-2 and Una are being designated pursuant to E.O. 14033 for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Infinity Media, a person whose property and interests in property are blocked pursuant to E.O. 14033.

As a result of today’s action, all property and interests in property of the designated persons described above that are in the United States or in the possession or control of U.S. persons are blocked and must be reported to OFAC. In addition, any entities that are owned, directly or indirectly, individually or in the aggregate, 50 percent or more by one or more blocked persons are also blocked. Unless authorized by a general or specific license issued by OFAC, or exempt, OFAC’s regulations generally prohibit all transactions by U.S. persons or within (or transiting) the United States that involve any property or interests in property of designated or otherwise blocked persons.

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