SIPA submitted a report to the Prosecutor's Office of BiH against three persons for money laundering

As part of intensive work on cases in the field of financial crime, police officers of the State Investigation and Protection Agency submitted, on June 30, 2016, a report to the Prosecutor's Office of BiH on the existence of grounds for suspicion of a committed criminal offense and its perpetrators against three persons.

The report was submitted due to the existence of grounds for suspicion that the said persons committed the criminal offense under Article 209 of the Criminal Code of BiH „Money Laundering“, in a manner that they introduced funds in the amount of 1,600,000 EUR into legal financial flows in BiH, where, with the aim of concealing the true nature and origin, they opened accounts with domestic banks, established one legal entity, performed multiple cash withdrawals, as well as domestic and international money transfers. Part of the money in the amount of 900,000 EUR, at the proposal of the State Investigation and Protection Agency, was blocked by a Decision of the Court of Bosnia and Herzegovina.

 As part of the work on this case, significant cooperation was achieved with foreign law enforcement agencies.