OFAC Sanctions Bosnian Official, Entity
The Office of Foreign Assets Control on Jan. 5 sanctioned Milorad Dodik, a member of the Presidency of Bosnia and Herzegovina, and an entity he controls, Alternativna Televizija d.o.o. Banja Luka (ATV), for “destabilizing” activity and corruption. The agency said…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
Dodik uses the ATV a media outlet to “advance his own personal and political goals” and has “funneled money directly from public companies to ATV for corrupt purposes.” OFAC said the designation is the first issued under President Joe Biden’s June executive order that expanded the U.S.’s sanctions authority for people and entities in the Western Balkans (see 2106090030).