Decision by the HR Repealing the Decision Blocking All Bank Accounts Held by and/or in the Name of the SDS and Requiring the SDS to Establish one Bank Account of 30 July 2004 and the Decision Extending the Effects of the HR’s Decision Blocking All Bank Accounts Held by and/or in the Name of the SDS and Requiring the SDS to Establish one Bank Account of 22 September 2005

On 30 July 2004 the High Representative, in the exercise of his authority under Article V of Annex 10 of the General Framework Agreement for Peace, ordered blocking each and every account held by and/or in the name of the SDS, including local and municipal SDS organizations and establishment of one bank account in a commercial bank duly licenced in Bosnia and Herzegovina to be used for any financial transaction in excess of 150 KM, in order to prevent the SDS funds to be used to assist persons indicted under Article 19 of the Statute of the International Criminal Tribunal for former Yugoslavia. 

After repeated violations of the 30 July 2004 Decision, on 22 September 2005 the High Representative issued the Decision Extending the Effects of the High Representative Decision Blocking All Bank Accounts Held by and/or in the Name of the SDS and Requiring the SDS to Establish one Bank Account, pursuant to which the SDS single account was to be used for all financial transactions.

Considering that the remaining indictee in relation to war crimes perpetrated in Bosnia and Herzegovina, Ratko Mladić was arrested on 26 May 2011 and transferred to the Hague/ICTY on 31 May 2011, the reasons for application of the above listed decisions no longer exist. The High Representative has therefore decided to repeal the Decision Blocking All Bank Accounts Held by and/or in the Name of the SDS and Requiring the SDS to Establish one Bank Account of 30 July 2004 and the Decision Extending the Effects of the High Representative’s Decision Blocking All Bank Accounts Held by and/or in the Name of the SDS and Requiring the SDS to Establish one Bank Account of 22 September 2005.

This Decision has immediate effect and will not require any further procedural steps.

This Decision shall be published in the Official Gazette of Bosnia and Herzegovina and the Official Gazette of Republika Srpska.

Sarajevo, 10 June 2011                                                          

Dr. Valentin Inzko

High Representative