OFAC: BOSNIA AND HERZEGOVINA – ADDITIONAL SANCTIONS

On 3 October, OFAC announced that it had designated 2 individuals and 1 business entity in Bosnia and Herzegovina (BiH).  These designations follow the recent designation of a corrupt state prosecutor in BiH and build on other recent sanctions imposed on individuals and entities in the region.  Te=he actions are said to target those in Bosnia and Herzegovina who are undermining democratic institutions and processes for their own political gain and to reward their patronage networks, the designations include Slobodan STANKOVIC, one of the wealthiest individuals in BiH, and Fadil NOVALIC, Prime Minister.

https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20221003

https://home.treasury.gov/news/press-releases/jy0985

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