12/15/2006 OHR Sarajevo

Schwarz-Schilling thanks Toby Robinson, praises courage

The Liquidator of Privredna Banka a.d Srpsko Sarajevo (PBSS) and Provisional Administrator of the Hercegovacka Banka, Toby Robinson, completes her mission inBosnia and Herzegovina today.

The High Representative, Christian Schwarz-Schilling, met yesterday with Ms. Robinson to express his gratitude for the work she has done in the past five years on behalf of deposit holders, at both PBSS and Hercegovacka Banka.

“You have shown courage and tenacity in taking on the most complex financial crimes, crimes where the level of intimidation was so marked that it prevented the country’s authorities from dealing with the issue”, the High Representative told Ms. Robinson.

“You dealt with each case with the utmost professionalism. Bosnia and Herzegovina has been fortunate to be able to call on your experience and expertise.”

The FBiH Banking Agency and the RS Banking Agency respectively have assumed full responsibility for completing the Hercegovačka Banka and PBSS cases respectively.