The Attorney General’s Office of Bosnia and Herzegovina has filed a lawsuit with the Municipal Court in Čapljina against Hercegovačka banka d.d. Mostar in bankruptcy and other legal entities, seeking to establish the nullity of the contract on the transfer of ownership rights to real estate of the Dretelj Oil Terminal, as well as a proposal for the determination of a judicial security measure and a temporary security measure for the registration of a ban on the disposal and alienation of state property, the Attorney General’s Office of Bosnia and Herzegovina announced today.
This concerns real estate that was owned by the state of Bosnia and Herzegovina, which was illegally traded between certain legal entities from 1996 to 2003, based on illegal and illegitimate decisions contrary to the Constitution of Bosnia and Herzegovina.
Hercegovačka banka d.d. became the owner of the real estate in question (land registry entries number 567 K.O. Dretelj and number 815 K.O. Dretelj) based on the Agreement on the Transfer of Ownership Rights to Real Estate, and in the implementation of the Agreement on the Exchange of Fulfillment concluded with this bank and Hercegovina Osiguranje d.d. Mostar.
A public auction for the sale of these real estate properties, including real estate owned by the state of Bosnia and Herzegovina, is scheduled for August 22, 2025, which is why the Attorney General’s Office previously submitted a request to the Municipal Court in Mostar for the exclusion of state property from the bankruptcy estate of Hercegovacka banka d.d. in bankruptcy.
Bosnia and Herzegovina, as the titleholder, is the only one who has the right to dispose of state property and any decision, act or contract by which someone else disposes of that property is null and void, the Attorney General’s Office of BiH announced.
