Montenegro

1955-03-31

Serbia

Svetozar Marovic (Marovic) was the President of the Serbia and Montenegro common state from 2003–2006, and served as former deputy president of the Montenegro Democratic Party of Socialists (DPS) until 2015. Marovic was arrested by Montenegro authorities in 2015 for suspected involvement in large-scale corruption cases relating to construction projects in the municipality of Budva. Montenegro prosecutors accused Marovic of using his influence as a senior official in the DPS to approve a series of property purchases and construction deals that reaped large gains for several companies but caused significant losses for the local government. In 2016, Marovic signed two plea deals admitting to all the corruption charges against him. He was sentenced to multiple years in prison and was ordered to return over $1 million to the state but fled to Serbia before serving his sentence. Marovic was designated pursuant to E.O. 14033 for being responsible for, or complicit in, or having directly or indirectly engaged in, corruption related to the Western Balkans, including corruption by, on behalf of, or otherwise related to a government in the Western Balkans, or a current or former government official at any level of government in the Western Balkans, such as the misappropriation of public assets, expropriation of private assets for personal gain or political purposes, or bribery.

https://me.usembassy.gov/treasury-targets-actors-for-destabilizing-behavior-throughout-the-western-balkans/

2022-04-11

US

Executive Order 14033 Blocking Property and Suspending Entry into the United States of Certain Persons Contributing to the Destabilizing Situation in the Western Balkans

OFAC country specific

Western Balkans

Blocking Property, Suspending Entry

On June 8, 2021, pursuant to, inter alia, IEEPA, the President issued E.O. 14033. In E.O. 14033, the President expanded the scope of the national emergency declared in E.O. 13219, as amended in E.O. 13304, finding that the situation in the territory of the former Socialist Federal Republic of Yugoslavia and the Republic of Albania (the Western Balkans), over the past two decades, including the undermining of post-war agreements and institutions following the breakup of the former Socialist Federal Republic of Yugoslavia, as well as widespread corruption within various governments and institutions in the Western Balkans, stymies progress toward effective and democratic governance and full integration into transatlantic institutions, and thereby constitutes an unusual and extraordinary threat to the national security and foreign policy of the United States.

SDN