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The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Bosnian Serb leader Milorad Dodik and a television outlet he controls, Alternativna Televizija d.o.o. Banja Luka (ATV). The sanctions came Wednesday after executive order 14033 ordered the United States Department of the Treasury (USDT) and other departments to take action against anyone “contributing to the destabilizing situation in the Western Balkans.”
A USDT press release criticized Dodik’s obstruction of the Dayton Peace Accord (DPA), a 1995 treaty that ended the violent ethnic conflict in Bosnia and Herzegovina, and his corrupt financial activities for personal enrichment. The USDT also accused Dodik of exerting “personal control” over ATV to censor stories and advance his political agenda.
Dodik has attracted criticism from human rights organizations for denying the Srebrenica genocide of 8,000 Muslims and opposing constitutional amendments to ensure equity for Roma and Jewish citizens, among other controversial nationalist stances.
As of Wednesday, Dodik and ATV are officially “designated.” As a result, all property and interests in property of Dodik are blocked, and Dodik must report them to the OFAC. Additionally, entities “owned, directly or indirectly, 50 percent or more by one or more blocked person” are blocked. Any transactions by United States person or transactions within the United States that involve property or interest in property of blocked persons are prohibited in absence of an exemption or license from OFAC.
Secretary of State Antony Blinken released a statement saying the designations “reaffirm the U.S. commitment to the sovereignty and territorial integrity of BiH [Bosnia and Herzegovina], the rule of law and democratic institutions, and a better future for BiH’s citizens.”
The post US sanctions Milorad Diodik and his TV station for corruption appeared first on JURIST - News.
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A USDT press release criticized Dodik’s obstruction of the Dayton Peace Accord (DPA), a 1995 treaty that ended the violent ethnic conflict in Bosnia and Herzegovina, and his corrupt financial activities for personal enrichment. The USDT also accused Dodik of exerting “personal control” over ATV to censor stories and advance his political agenda.
Dodik has attracted criticism from human rights organizations for denying the Srebrenica genocide of 8,000 Muslims and opposing constitutional amendments to ensure equity for Roma and Jewish citizens, among other controversial nationalist stances.
As of Wednesday, Dodik and ATV are officially “designated.” As a result, all property and interests in property of Dodik are blocked, and Dodik must report them to the OFAC. Additionally, entities “owned, directly or indirectly, 50 percent or more by one or more blocked person” are blocked. Any transactions by United States person or transactions within the United States that involve property or interest in property of blocked persons are prohibited in absence of an exemption or license from OFAC.
Secretary of State Antony Blinken released a statement saying the designations “reaffirm the U.S. commitment to the sovereignty and territorial integrity of BiH [Bosnia and Herzegovina], the rule of law and democratic institutions, and a better future for BiH’s citizens.”
The post US sanctions Milorad Diodik and his TV station for corruption appeared first on JURIST - News.
Continue reading...
Note: We don't have any responsibilities about this news. Its been posted here by Feed Reader and we had no controls and checking on it. And because News posted here will be deleted automatically after 21 days, threads are closed so that no one spend time to post and discuss here. You can always check the source and discuss in their site.