Kemal Čaušević Acquitted Of Money Laundering But Will Lose BAM 1.72 Million In Proceeds of Crime To Be Confiscated From Him
While acquitted of charges of money laundering, the first instance conviction against Kemal Čaušević, the former director of the Indirect Taxation Authority (ITA) for receiving a gift was upheld, for which he was sentenced to five and a half years in prison. The proceeds of BAM 1.7 million shall be confiscated from Čaušević.
Five And A Half Years In Prison For Kemal Čaušević
Kemal Čaušević, former director of the BiH Indirect Taxation Authority, is sentenced to imprisonment for five and a half years for receiving gifts.
The Former Head of UIO BiH Owns a Million in Assets
During the seven years he was at the top of Indirect Taxation Authority, Kemal Čaušević bought nine apartments and offices plus 20,000 square meters of land. His income during that time does not come close to the cost of the investment, but he told reports that he’s been making money since 1986.
