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US Treasury extends sanctions against network linked to Bosnian Serb leader

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The United States has announced the expansion of restrictions against individuals who helped Bosnian Serb leader Milorad Dodik and his son avoid existing US sanctions. This is stated in a statement by the U.S. Treasury Department, Reuters reports, UNN writes.

Details

It is noted that the pro-Russian president of the autonomous Republika Srpska in Bosnia, Dodik, has long advocated the region's separation from Bosnia and is under US and UK sanctions. In October 2023, Washington imposed sanctions on his adult children, son Igor Dodik and daughter Gorica Dodik, and their companies, claiming that they had contributed to the corruption of the Bosnian Serb leader.

In June 2024, the United States imposed sanctions on two individuals and a network of companies that generated profits for Milorad Dodik and his son Igor Dodik, who continued to control companies officially registered in the names of trustees.

For reference

The United States accuses Milorad Dodik of undermining the 1995 Dayton Peace Agreement, which ended the 1992-1995 war in Bosnia that claimed the lives of 100,000 people. The agreement divided the country into two autonomous parts: Republika Srpska and the Federation of Bosnia and Herzegovina, which are linked by a weak central government.

Recall

The U.S. Treasury Department imposed sanctions against 275 individuals and companies from 14 countries for transferring technology to the Russian army. The list includes 20 Russians, including deputy defense ministers.

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