Srpska Leader Faces More Sanctions

Treasury’s Office of Foreign Assets Control (OFAC) is designating a network of two individuals and seven entities that provide major sources of revenue for U.S.-designated Republika Srpska (RS) President Milorad Dodik and his family.  

Dodik used his official position to direct RS government contracts to a network of private companies that he and Igor oversee. While Igor controls many of the companies in this network, he obfuscates his personal connection to the companies by relying on distinct nominal owners and directors.

Included in the measure is Prointer, the SAP integrator for the Republic Srpska Tax Administration.

“The United States condemns Dodik’s continued efforts to erode the institutions that have ensured peace and stability for Bosnia and Herzegovina and the region,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson.  “We will continue to expose the fraudulent schemes that enable Dodik and his family to exploit their own people for their personal benefit.”

Republika Srpska was formed in 1992 at the outset of the Bosnian War with the stated intent to safeguard the interests of the Serbs of Bosnia and Herzegovina. The war saw the expulsion of the vast majority of Croats and Bosniaks from the territory claimed by Republika Srpska and an inflow of Serbs expelled from Federation of Bosnia and Herzegovina.

Following the Dayton Agreement of 1995, Republika Srpska was recognised as an entity within Bosnia and Herzegovina. Today most of Bosnia and Herzegovina's Serb population lives in Republika Srpska.

The United States designated Dodik on January 5, 2022 pursuant to Executive Order (E.O.) 14033 for behavior at odds with the Dayton Peace Accords, as well as for corrupt activities.  Dodik was prevoiously designated on July 17, 2017 pursuant to E.O. 13304 for obstructing or threatening to obstruct the DPA. Additionally, the United States. designated Dodik’s adult children, Igor and Gorica Dodik, on October 20, 2023 .

[Treasury Announcement]

[State Dept Announcement]