Patria in possession of documentation: How money was siphoned from the Faculty of Pharmacy in Sarajevo!

The Cantonal Prosecutor's Office in Sarajevo is conducting an investigation against a man with initials R.A., suspected of embezzling money from the Faculty of Pharmacy in Sarajevo by evading taxes of this higher education institution, whose debts on this basis have grown to nearly seven million KM including interest, and due to which the Faculty faces a blockade of its account by the Tax Administration of the Federation of Bosnia and Herzegovina.

BH news agency Patria confirmed this information with the Prosecutor's Office of the Sarajevo Canton.

The crime at this reputable state higher education institution began to be uncovered after Dean Davorka Završnik in 2013 requested that the Prosecutor's Office in Sarajevo investigate who plunged the Faculty into millions in debts, incurred in the period from 2002 to 2012.

The largest debts arose from non-payment of contributions and taxes for employees, but there are also hundreds of other unknowns regarding the disappearance of the Faculty's money.

It is suspected that money was also siphoned during the renovation of the Faculty building.

One of the foreign banks with branches in Bosnia and Herzegovina is also involved in the criminal activities, whose employees illegally disbursed money from the Faculty's account and transferred it to the account of another company.

News agency Patria is in possession of a payment slip showing that nearly 20,000 KM was withdrawn from the Faculty's account in one day, but the payment order was not issued by the Faculty at all, but by the Sarajevo accounting agency "Sumiko", owned by Rijad Arifović.