Gunduliceva 33, Banja Luka, 78000, Bosnia and Herzegovina

4401652230007, Tax ID No.; 01962426, Business Registration Number

Dodik used his official position to direct RS government contracts to a network of private companies that he and Igor oversee. While Igor controls many of the companies in this network, he obfuscates his personal connection to the companies by relying on distinct nominal owners and directors. Infinity International Group d.o.o. Banja Luka (Infinity) is a holding company in BiH that directly or indirectly owns or is the majority owner of at least five other BiH-based companies: Prointer ITSS d.o.o. Banja Luka Clan Infinity International Group (Prointer), Kaldera Company El PGP d.o.o. (Kaldera), Infinity Media d.o.o. (Infinity Media), K-2 Audio Services Banja Luka d.o.o. (K-2), and Una World Network d.o.o. (Una). Relatedly, this Dodik network often restructures corporate ownership to both hide the family’s involvement in companies and to evade sanctions. For example, Prointer took ownership of Alternativna Televizija d.o.o. (ATV) in 2021 but quickly transferred ownership to Infinity Media and K-2 after OFAC designated ATV on January 5, 2022 pursuant to E.O. 14033 for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Dodik. As of early 2024, K-2 was in the process of merging with ATV, at which point K-2 would absorb and retain all of ATV’s assets and ATV would cease to exist.

https://ba.usembassy.gov/treasury-targets-milorad-dodiks-network-of-wealth-generating-companies-including-prointer-itss-d-o-o/

2024-06-18

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