Zoran Javorac Indicted for Money Laundering in the Amount of 1.9 Million BAM

A prosecutor from the Special Department for Organized Crime, Economic Crime and Corruption of the Prosecutor's Office of BiH has filed an indictment against Zoran Javorac, also known as Jaza and Grof, born in 1976 in Banja Luka, founder and responsible person in the company „ZOKI PROM-EX“ d.o.o. Laktaši, Patria reports.

The accused is charged with, during 2005, as the founder and responsible person of the said company, opening transaction accounts in 6 commercial banks, with the intention of using these accounts to launder illegally obtained money of legal entities, which originated from the sale of goods for cash while avoiding the payment of sales tax, in order to return the money thus obtained to the regular flows of their business.

The accused is charged with taking money from persons known to him from a number of legal entities from the territory of Bosnia and Herzegovina and depositing that money, in the total amount of 1,536,863.43 convertible marks, which he took and for which he knew was obtained through non-cash business and tax evasion on sales, with corresponding payment slips, which he signed as the authorized person of the legal entity „ZOKI PROM-EX“ d.o.o. Laktaš.

The said money was fictitiously deposited as „cash deposit“ into the accounts of the legal entity „ZOKI PROM-EX“ d.o.o. Laktaši and immediately, upon deposit, transferred via orders as advance payments or payments for goods to the accounts of 31 legal entities.

The accused is charged with creating false documentation, as well as invoices, purchase orders and payment slips, and fictitious compensation statements, in order to falsely show that goods were being traded for further sale and thus enable the avoidance of paying tax duties, although there was no actual trade between his company and the said legal entities in reality.

The accused is charged with laundering money of greater value in the total amount of 1,910,617.51 convertible marks, for which he knew was obtained by committing a criminal offense, and he received the said money, disposed of it, used it in business and otherwise concealed it, thereby endangering the common economic area of Bosnia and Herzegovina.

The accused is charged with committing the criminal offense of Money Laundering under Article 209, paragraph 2 in conjunction with paragraph 1 of the Criminal Code of Bosnia and Herzegovina. The indictment has been forwarded to the Court of BiH, the Prosecutor's Office of BiH announced.