Prosecutors Drag out Bankruptcy Fraud Investigations
Prosecutors take as long as five years to investigate workers’ complaints about management complicity in bankrupting companies and about crimes during the bankruptcy procedures. While they delay company assets are transferred to new owners, and workers are stripped of jobs, salaries and pensions.
Energoinvest Sold Debts in Secret for a Fraction of Value
Documents show that Energoinvest lost out on millions of KM because of the suspect way it went about trying to recover long-standing debts.
God on Heaven, Business on Earth
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.
Penalties to Parties Don’t Match Ill-gotten Gains
This October, Central Election Commission of Bosnia and Herzegovina (CIKBiH) levied 82,700 KM combined in fines to 33 political parties for violations of the Law on Financing Political Parties during 2009.
Ćopić Arrest Hurts Local Farmers
Police say factory was owned by alleged money launderer but farmers are caught in the middle.
Indictment Against Ćopić Reveals Money Laundering Network
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
Big Landowners on Credit
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.
Tobacco Factory Erased From the Regulatory Plan of Banja Luka
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.
Prosecutors File Indictment against Zoran Ćopić
Special Prosecutor’s Office of Republika Srpska (RS) filed an indictment against Balkan businessman Zoran Ćopić today.