Public administration
Documents show that Energoinvest lost out on millions of KM because of the suspect way it went about trying to recover long-standing debts.
Azhar Kalamujić (CIN)
15.11.2011
Documents show that Energoinvest lost out on millions of KM because of the suspect way it went about trying to recover long-standing debts.
The RS government gave loans to businesses of the Zahumlje and Herzegovina Diocese. However, most of the businesses in which the church has ownership interests are producing losses, and some are behind in their workers contributions.
Police say factory was owned by alleged money launderer but farmers are caught in the middle.
The RS Special Prosecutor’s Office charged Bosnian-born Serbian businessman Zoran Ćopić with laundering money for reputed drug lord Darko Šarić. Other important names show up
Thanks to millions in loans from banks connected to the RS government, the family of entity President Milorad Dodik has acquired property worth 9.6 million KM. In the two years before the grace period to repay the loan recently ended, their orchard firm has been losing money.
The new regulatory plan envisions offices and accommodation units where the Tobacco Factory is now in Banja Luka. Even though workers complained that the Factory’s buyer failed to honor privatization obligations, the RS only recently requested termination of the contract.
Though it was set up expressly to process the most serious cases of financial crimes which call for sentences of at least five years, the Special Prosecutor’s Office of the RS has failed to prove charges of that scope. Courts have acquitted officials or sentenced them to jail terms of only three months to two years.
After the Central Election Commission in BiH withdrew the politicians’ asset declarations from its web site—at the request of the Personal Data Protection Agency in Bosnia and Herzgovina–CIN decided to publish them.
The leading Bosnian political parties pay off bills neither to business partners nor to the state and no court verdict guarantees payment of debt.
Court appointed defenses represent lucrative business for a small number of attorneys. Their less well paid peers and some inmates say that judges in violation of regulations may even propose attorneys for certain jobs.
Violating the law pays off for BiH’s leading political parties even when they are caught at it. Fines are so small, violations usually get repeated.
Between 2004 and 2010, the governments in BiH have spent 134.7 million KM of taxpayer money to finance political parties. Some politicians say money could be better used, but they are not doing anything to make that happen.
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