Srpska Leader Faces More Sanctions

Posted 6/19/24

Treasury’s Office of Foreign Assets Control (OFAC) is designating a network of two individuals and seven entities that provide major sources of revenue for U.S.-designated Republika Srpska (RS) President Milorad Dodik and his family.

Dodik used his official position to direct RS government contracts to a network of private companies that he and Igor oversee. While Igor controls many of the companies in this network, he obfuscates his personal connection to the companies by relying on distinct nominal owners and directors.

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