WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating two individuals and four entities that form a core part of Specially Designated National (SDN) and Republika Srpska (RS) President Milorad Dodik’s (Dodik) patronage network. Members of this network, which include Dodik’s adult children, facilitate Dodik’s ongoing corruption in Bosnia and Herzegovina’s (BiH) RS entity, allowing him to siphon public funds from the RS and enrich himself and his family at the expense of BiH citizens and functional governance in the country.
Dodik previously served as a member of BiH’s Presidency and is widely known for openly calling for, and supporting, the unilateral transfer of state competencies from the BiH government to the RS, one of two entities that comprise BiH. Dodik has used his official BiH position and a network of personal ties and companies to accumulate personal wealth through graft, bribery, and other forms of corruption. His divisive ethno-nationalistic rhetoric reflects his efforts to advance these political goals and divert attention from his corrupt activities. Additionally, Dodik has publicly denigrated other ethnic and religious groups within BiH, further sowing division and political gridlock.
“With the financial and political support of the individuals and entities designated today, Dodik has engaged in corruption that ensures his personal financial and political stability at the expense of…
