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The Prosecutor's Office of Bosnia and Herzegovina

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PROSECUTOR'S OFFICE OF BIH IS FINALIZING ITS INVESTIGATION IN TWO CASES OF FINANCIAL CRIME, WHICH HAVE CAUSED 15 MILLION BAM DAMAGES TO BIH CITIZENS.

30.08.2013. 14:30
Special Department for Organized Crime, Economic Crime and Corruption within the Prosecutor's Office of BiH is in the final stages of two extensive investigations on organized crime in conjunction with economic crime (tax and customs evasion and other criminal offenses), which have caused damages to citizens and the state of BiH in the amount of  about 15 million BAM.

In the case v. Mlađen Kekerović et al., a total of 25 legal entities or individuals, among whom are officials of the institutions of Bosnia and Herzegovina, will be indicted in the coming month.

The lengthy investigation in this case lead to collection of evidence on illegal VAT return in the amount of over 5 million BAM, and tax and customs evasions in excess of 4 million BAM, thus causing damages to the budget and all citizens of Bosnia and Herzegovina.

An indictment is also expected in the case against Sedinet Karic et al. for criminal offense of organized crime, in conjunction with economic crime (tax and customs evasion and fraud), which caused damages to the budget and the citizens of BiH in the amount of about 5 million BAM.

These activities of the Prosecutor's Office of BIH indicate its determination to prosecute perpetrators of organized crime, in particular those forms of economic crime which are harmful to the citizens of our country and undermine the economic system and stability.


*Note on the principle of presumption of innocence

This announcement does not prejudice the outcome of the criminal proceedings and does not violate the principle of the presumption of innocence. A person shall be considered innocent of a crime until guilt has been established by a final verdict (Article 3, paragraph 1 of the CPC BiH).

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