Commencement of trial in the Vinko Savić case scheduled

28.05.2008, 13:27
Commencement of trial before the Section II for Organized Crime, Economic Crimes and Corruption of the Court of Bosnia and Herzegovina (BiH), in the Vinko Savić case, has been scheduled for 29 May 2008, starting at 8.30a.m. in courtroom 5. On 26 February 2007, the Court of BiH confirmed the Indictment against Vinko Savić, who is charged with the criminal offense of Money Laundering.

The Indictment maintains that on 2 September 2005, the Accused Savić established a company Vikprodukt d.o.o. Trn Laktaši, with the intention to use it exclusively for money transfers without actual turnover of goods, presenting fictitious business activities. According to the Indictment, the Accused presented these fictitious business activities in the manner that he received cash from various legal entities and deposited it into bank accounts of those legal entities, issuing fictitious order forms together with the statements of exemption from the payment of sales tax. In this manner the Accused received illegally acquired cash from persons he knew to the total amount of KM 738,891.38. The Indictment further maintains that the Accused Savić simultaneously made money transfers, transferring the money as advance payment for fictitious purchases of goods into bank accounts of other legal entities, and that during the period from 22 September 2005 until 5 December 2005 he issued 69 payment orders in the total amount of KM 708,796.03, thus endangering the common economic space of BiH.