OFAC TARGETS THOSE IN BOSNIA AND HERZEGOVINA UNDERMINING STABILITY AND PERPETUATING CORRUPTION

On 15 March, OFAC designated 3 individuals in Bosnia and Herzegovina (BiH). These designations build on other recent OFAC sanctions in the region and, collectively underscore the US willingness to hold accountable those who are undermining democratic institutions and furthering their agendas for political and personal gain, at the expense of peace, stability, and progress in the Western Balkans.  Those named are said to have been designated for perpetuating corruption by misusing state resources for party gain, obstructing or threatening the implementation of the Dayton Peace Agreement, or for being a significant Balkans narcotics trafficker contributing to the profileration of illicit drugs.

https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20230315

https://home.treasury.gov/news/press-releases/jy1344

https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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