The US has blocked the financial network of Putin’s ally, Milorad Dodik

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has decided to impose sanctions onva network of two individuals and seven entities that provide major sources of revenue for U.S.-designated Republika Srpska President Milorad Dodik and his family.

In 2023 Milorad Dodik claimed that he is a friend of the Russia’s president Vladimir Putin. In 2024 he visited the St. Petersburg International Economic Forum in Russia where he met Putin.

Republika Srpska President Milorad Dodik and Vladimir Putin / Photo: kremlin.ru
Republika Srpska President Milorad Dodik and Vladimir Putin / Photo: kremlin.ru

“Dodik used his official position to direct RS government contracts to a network of private companies that he and Igor (Dodik’s son) oversee. While Igor controls many of the companies in this network, he obfuscates his personal connection to the companies by relying on distinct nominal owners and directors. Infinity International Group d.o.o. Banja Luka (Infinity) is a holding company in BiH that directly or indirectly owns or is the majority owner of at least five other BiH-based companies: Prointer ITSS d.o.o. Banja Luka Clan Infinity International Group (Prointer), Kaldera Company El PGP d.o.o. (Kaldera), Infinity Media d.o.o. (Infinity Media), K-2 Audio Services Banja Luka d.o.o. (K-2), and Una World Network d.o.o. (Una),” noted OFAC.

Additionally, Sirius 2010 d.o.o. Banja Luka (Sirius) is an information technology (IT) company that operates within the Dodik family network. Along with Prointer and Kaldera, Sirius is well-known in BiH for being awarded lucrative government contracts. Together, Prointer and Sirius provide IT goods and services to organizations across the RS and BiH governments, while Kaldera primarily operates in the engineering sector.

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