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The US has extended sanctions to family members and businesses associated with Bosnian Serb leader Milorad Dodik.
Milorad Dodik, the president of the autonomous Serb Republic, has previously faced sanctions from the US and the UK for advocating the secession of the Serb-dominated region from Bosnia. The latest sanctions from the US Treasury Department target Dodik’s adult children, Igor and Gorica Dodik, along with their respective businesses, accusing them of abetting Dodik’s ongoing corruption practices.
The US State Department elaborated, “Today’s designations aim to disrupt elements of the financial network that personally enriches and enables Dodik at the expense of the territorial integrity and functional governance of Bosnia and Herzegovina, along with the general economic wellbeing of the Republika Srpska.”
Meanwhile, the US Treasury Department has delisted Aleksandar Karadzic, son of former Bosnian Serb political leader Radovan Karadzic, from its sanctions. The removal comes after Radovan Karadzic’s family members initiated legal action against the department for their inclusion in the sanctions list.
The Treasury Department highlighted that Aleksandar “completed an administrative delisting process in which OFAC considered all the available information,” though retaining the right to reinstate sanctions if necessary.