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Dodik Sanctions
FILE - Bosnian Serb political leader Milorad Dodik stands prior his talks with Russia's President Vladimir Putin in St. Petersburg, Russia, June 6, 2024. A network of people and firms that support the sanctioned president of Bosnia's Serb-run part, Dodik, has been hit with new sanctions. Treasury's Office of Foreign Assets Control has designated two people and seven companies that provide revenue for Dodik and his family. (Anton Vaganov/Pool Photo via AP, File)

Treasury sanctions network connected to separatist Bosnian leader

A network of people and firms that support the sanctioned president of Bosnia’s Serb-run part, Milorad Dodik, has been hit with new sanctions

By Fatima Hussein
Published - Jun 18, 2024, 12:00 PM ET
Last Updated - Jun 18, 2024, 12:00 PM EDT

WASHINGTON (AP) — A network of people and firms that support the sanctioned president of Bosnia’s Serb-run portion, Milorad Dodik, has been hit with a new round of sanctions.

Treasury’s Office of Foreign Assets Control on Tuesday designated two people and seven companies that provide revenue for Dodik and his family, including his son Igor Dodik.

Treasury says Dodik used his presidency to direct government contracts to a network of private companies that he and his son oversee.

Dodik was initially sanctioned by the U.S. in 2022 when the Biden administration accused him of “corrupt activities” that threatened to destabilize the region and undermine a U.S.-brokered peace accord from more than 25 years ago. A set of sanctions were imposed on a network of people connected to Dodik last October.

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