09/15/2005 OHR Sarajevo

SDS violates HR’s decision

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The High Representative on September 5 sent a letter to President Borislav Paravac on September 5 asking him to explain an illegal financial transaction to SDS Doboj, which violates the High Representative’s Decision of30 June 2004. That Decision blocks all SDS bank accounts, and requires any financial transaction in excess of 150 KM to be conducted through a single authorised bank account that the decision also required to be established.

The letter points out that in September 2004 Mr Paravac made a secret cash payment of 2,100 KM to  the  SDS Doboj . “This is violation of a Dayton instruction and is a matter I treat most seriously. Mr Paravac is a certified accountant and auditor so he  of all people should  have known that this was illegal,” said the High Representative.

In his letter, the HR also asked Mr Paravac to provide an explanation by the close of business today. 

In addition, on September 6, the HR sent a letter to  SDS  Doboj  Municipal Board President Nikola Gavric. The letter points out that while investigating a criminal break-in at the SDS Doboj premises, police discovered more than KM 17,000  in cash – also a  violation of the High Representative’s Decision. Following this discovery, a team from the RS Tax Administration was sent to review the financial records of  the SDS Doboj and prepare  a  report. ” I have reviewed the report and am concerned to note that there were 17 such illegal payments in September  alone ,” the High Representative said.