PERSON SUSPECTED OF MONEY LAUNDERING OF MORE THAN 700,000 BAM HANDED OVER TO PROSECUTOR OF SPECIAL DEPARTMENT FOR ORGANIZED CRIME, ECONOMIC CRIME AND CORRUPTION

In this case, the Prosecutor’s Office of Bosnia and Herzegovina and the State Investigation and Protection Agency (SIPA) have established significant international cooperation with partner institutions of the Federal Republic of Germany.

Police officers of the State Investigation and Protection Agency (SIPA) handed over a suspect to the Prosecutor of the Special Department for Organized Crime, Economic Crime and Corruption in charge of the respective case. The suspect was deprived of liberty yesterday, at the Izačić border crossing, on the basis of the issued wanted notice.

The suspect is from the area of Mostar and he is charged with the commission of the criminal offence of Money Laundering, with an international element.

The investigation involved two physical and one legal persons.

Significant international cooperation has been achieved in this case, and, during the investigation which lasted for several months, the Prosecutor’s Office of Bosnia and Herzegovina and SIPA were acting in coordination with partner law enforcement agencies from the Federal Republic of Germany, the Republic of Serbia and the Republic of Croatia.

The suspect is under investigation and he is charged with carrying out payments of funds in a fraudulent and illegal manner, from a company from the Federal Republic of Germany which also has its offices in the territory of the Czech Republic. The payments were made to the suspect’s accounts in Bosnia and Herzegovina, and the suspect received six instalments with the total amount of around EUR 373,000 (around 728,000 BAM).

Thus the suspect damaged the company from the Federal Republic of Germany for the aforementioned amount, whereas he acquired large unlawful material gain for himself. 

The suspect is under investigation for the criminal offence of Money Laundering, as referred to in Article 209 of the Criminal Code of Bosnia and Herzegovina. 

Having questioned the suspect, the Prosecutor in charge of the case will make a decision regarding further activities in this case.