OFAC Sanctions 2 Involved in Bosnian Sanctions Evasion
The Office of Foreign Assets Control this week sanctioned Prointer ITSS general director Vladimir Perisic and Elpring d.o.o. Laktasi for their ties to a “corrupt patronage network” that supports the president of Bosnia and Herzegovina and the country’s sanctions evasion attempts. OFAC said President Milorad Dodik and his son use Perisic and others to control private companies that are awarded government contracts, including Elpring.
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Dodik is using Elpring as a replacement for Kaldera Company, an entity sanctioned by OFAC in June (see 2406180018). New General License 5A, which replaces GL 5, was updated to add Elpring to its scope along with Kaldera. The license authorizes certain transactions involving pumps made or distributed by both companies to treat or distribute drinking water.