US Sanctions Bosnian Serb Leader’s Children for Corruption - News Summed Up

US Sanctions Bosnian Serb Leader’s Children for Corruption


WRITTEN BY OCCRP |The U.S. imposed sanctions on the children of Bosnian Serb leader Milorad Dodik and four companies under their management, highlighting concerns that the Bosnian Serb region, known as Republika Srpska (RS), is increasingly resembling a Dodik family enterprise rather than a political entity within Bosnia and Herzegovina (BiH). After the U.S. authorities sanctioned twice Bosnian Serb leader Milorad Dodik, they now sanctioned his children, son Igor and daughter Gorica, for helping their father in corruption activities. OFAC noted that since 2021, Dodik had increased his children’s involvement in political and business activities within the RS. The extent of the Dodik family’s corruption raised concerns among nations interested in providing foreign investment to the RS, causing some to refrain from doing so as they believed that financial assistance would likely benefit Dodik and his family rather than RS institutions. Read more of this storyVisited 11 times, 11 visit(s) today


Source: GNN Liberia October 26, 2023 14:38 UTC



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