Savo CVIJETINOVIC

Bosnia and Herzegovina

1959-12-27

Lopare, Bosnia and Herzegovina

Male

Bijeljina, Bosnia and Herzegovina

87120231E, National ID No.; B0252296, Passport

Savo Cvijetinovic (Cvijetinovic) is a member of the executive board of Republika Srpska (RS) President Milorad Dodik’s political party, the Alliance of Independent Social Democrats (SNSD), in the RS entity of Bosnia and Herzegovina (BiH). He is also a representative of RS-based company BN Inzinjering, which is owned by a former deputy chief of military air transport in the Russian Armed Forces and a former commander of the Russian military’s air transportation component. BN Inzinjering facilitated the illegal transfer of helicopter engines manufactured in Ukraine to Russia via BiH. BN Inzinjering is being designated pursuant to E.O. 14024 for operating or having operated in the aerospace sector of the Russian Federation economy. Cvijetinovic is being designated pursuant to E.O. 14024 for being or having been a leader, official, senior executive officer, or member of the board of directors of BN Inzinjering, a person whose property and interests in property are blocked pursuant to E.O. 14024.

US

https://home.treasury.gov/news/press-releases/jy1916

2023-11-16

US

Executive Order 14024 of April 15, 2021 Blocking Property With Respect To Specified Harmful Foreign Activities of the Government of the Russian Federation

OFAC country specific

Russia

Blocking Property, Suspending Entry, Trade sanctions

• https://ofac.treasury.gov/faqs/1127 • https://ofac.treasury.gov/faqs/1029

In response to the Russian Federation’s continued use of its military-industrial base to support its aggression against Ukraine, the President has issued an Executive Order (E.O.) amending E.O. 14024 that provides the Office of Foreign Assets Control (OFAC) with new authorities to target foreign financial institutions for engaging in certain transactions. Foreign financial institutions that conduct or facilitate significant transactions or provide any service involving Russia’s military-industrial base run the risk of being sanctioned by OFAC. The United States and partners have put in place a sanctions and export controls regime that has severely restricted Russia’s ability to import many of the items that directly support its brutal and unjustified war against Ukraine. As a result, Russia is increasingly using third countries to evade sanctions and continue its procurement of certain critical items. The United States and partners have published multiple advisories, including detailed red flags, to warn the private sector about Russian sanctions evasion in support of its war machine and to support compliance efforts. OFAC’s new targeting authorities, which are aimed at foreign financial institutions that provide services to, or engage in significant transactions relating to, Russia’s military-industrial base, come as a natural evolution of OFAC’s work to counter evasion and hold accountable those perpetuating Russia’s war against Ukraine, including financial facilitators. OFAC is issuing this advisory to provide guidance to foreign financial institutions on the amendments to E.O. 14024, including practical guidance on how to identify sanctions risks and implement corresponding controls. For additional guidance on this E.O., please see FAQs 1146–1157.

SDN / NS-MBS / CAPTA