Buk Bijela Hydropower Plant Sinks Millions in Republika Srpska

COVER: “Buk Bijela” is one of the three planned hydropower plants on the Upper Drina River. (Photo: CIN)

By a decision of the Republika Srpska government, the Višegrad-based company Hidroelektrane na Drini gave up its place in the project to build hydropower plants on the Upper Drina in favour of Serbia’s power utility, Elektroprivreda Srbije. In return, it is due to receive around BAM 10.2 million by 2034, less than half the amount it has invested in the project.

The Mayor’s Friend Strikes Gold, While Zenica Gets Left in the Cold

The City of Zenica handed control of the Rača landfill to a businessman with close ties to Mayor Fuad Kasumović. For years, he extracted slag from the site free of charge and without a permit, then resold it in Bosnia and Herzegovina and Croatia. Slag, a by-product of iron production, is used in the manufacture of construction materials. On average, around 30 million convertible marks’ worth is exported abroad each year.

The High Cost of Civil Servant Vinko Jakić’s Sick Leave

Vinko Jakić, former director of the Federation Agency for Managing Seized Property, has been on sick leave for more than three years, during which time he has continued to receive the salary of an assistant director, even though he has never been appointed to that position. While on sick leave, he has also worked privately without the required authorisation.

CIN publishes documents on unrealised investments in Republika Srpska

Following a series of investigative reports and the documentary The Deal, the Centre for Investigative Reporting (CIN) has published documents revealing how the authorities in Republika Srpska dealt with Russian investors and the entity’s oil industry and natural resources.

Watch ‘The Deal’

The Centre for Investigative Reporting (CIN) presents a documentary about failed investments in the oil and energy sectors that have cost the public purse hundreds of millions of convertible marks.

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Anonymous Report

By submitting your anonymous reports, you contribute to the integrity of our community. Please use this form to safely report any suspicions of corruption or illegal activities you may observe. Your courage is crucial in upholding our values and promoting transparency.