The US sanctions the network that increased Milorad Dodik's wealth

2024-06-18 18:20:06, Kosova & Bota CNA

The U.S. Treasury Department on Tuesday sanctioned a network of two individuals and seven entities that it said provided large sources of income for Republika Srpska President of Bosnia-Herzegovina, Milorad Dodik, also sanctioned by the U.S. , and for his family.

"Dodik has used his official position to increase his wealth through companies related to him and Igor Dodik," the US Treasury Department said in a statement.

Igor Dodik is the son of Milorad Dodik.

Millenko Çiçic and Gjorgje Gjuriq have been added to the list of those sanctioned, as well as the following companies: Infinity International Group, Infinity Media, K-2 Audio Services, Kaldera Company, Prointer Itss, Sirius 2010 and Una World Network.

"For example, in 2024, Igor and Dodik have used their influence over some high-ranking officials of Bosnia-Herzegovina to manipulate the draft state budget of Bosnia, so that a state-level contract was won by the Prointer ITSS Group, out of the competitive process ", it was said in the announcement.

US authorities have said they condemn Dodik's ongoing efforts to erode the institutions that have guaranteed peace and stability in Bosnia-Herzegovina and the region.

They have also said that they will continue to expose the fraudulent schemes that have enabled Dodik and his family to exploit their own people for personal gain.

When the American authorities assess that influential figures in a country are involved in corrupt affairs, abuse of position, drug trafficking, involvement in organized crime, when someone threatens the stability of the Balkan region, or through certain actions, national security is threatened and United States foreign policy.