Searches still ongoing: 14 people detained in SIPA operation, money and documentation found

SARAJEVO, (Patria) - Police officers of the State Investigation and Protection Agency (SIPA) have been conducting an operational action codenamed "Profit" since the early morning hours (9.12.2020), during which 14 persons have been deprived of liberty, due to the existence of grounds for suspicion that they have committed criminal offenses from Article 342 of the Criminal Code of the Federation of Bosnia and Herzegovina "Organized Crime", in connection with criminal offenses from Article 251 "Fraud in economic business", Article 272 "Money Laundering", Article 294 "Fraud", and Article 383 "Abuse of office or authority" of the same law.

Searches of persons, residential and business premises, and movable property at several locations in Sarajevo, Breza, and Travnik, used by 16 natural persons and nine legal entities, are still ongoing, and so far EUR 744,800.00, BAM 89,400.00, HRK 10,800.00, and RSD 13,720 have been discovered and temporarily seized, along with extensive documentation and other items that will serve as evidence in the criminal proceedings.

By undertaking measures and actions within their jurisdiction, SIPA police officers have temporarily suspended the disposal of funds in two accounts in the amount of BAM 1,988,900.44 and EUR 1,884,007.40, located in the accounts of 19 persons.

We thank the Intelligence-Security Agency of Bosnia and Herzegovina, as well as the police officers of the Ministry of Internal Affairs of the Central Bosnia Canton, the Ministry of Internal Affairs of the Zenica-Doboj Canton, and the Ministry of Internal Affairs of the Sarajevo Canton for the assistance provided during the realization of this action.

More information about the results of the operational action "Profit" will be known after the completion of the aforementioned activities.