Treasury Targets Financial and Political Enablers of Republika Srpska President Milorad Dodik

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating three individuals and four entities in Bosnia and Herzegovina (BiH) that form part ofU.S.-designatedRepublika Srpska (RS) President Milorad Dodik’s (Dodik) financial network and enable the Dodik family’s continued attempts to evade sanctions. Today’s action also targets a BiH politician who serves as a key enabler of Dodik’s corruption and destabilizing political agenda.For years, Dodik has used his official position to accumulate personal wealth through companies linked to himself and his son, U.S.-designated Igor Dodik (Igor). This corruption, in tandem with Dodik’s continued drive to destabilize BiH’s governing institutions, undermines public confidence in BiH state institutions and the rule of law.“Dodik and his family continue to rely on trusted associates to obfuscate their involvement in new business ventures, enriching themselves and their cronies while trying to circumvent U.S.