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Reading: Croatia leases the multimillion-dollar Property of BiH and intends to appropriate it
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Sarajevo Times > Blog > WORLD NEWS > Croatia leases the multimillion-dollar Property of BiH and intends to appropriate it
WORLD NEWS

Croatia leases the multimillion-dollar Property of BiH and intends to appropriate it

Published February 9, 2023
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The state property of Bosnia and Herzegovina (BiH) in Croatia is a big problem for the BiH Attorney’s Office because it has been conducting court proceedings for years in order to stop the illegal disposal of our state’s property abroad.

In 2018, Croatia adopted the Law on the Management of State Property, which allows real estate that was previously prohibited to be leased. These are concessions approved for a period of 30 years.

Back in 2006, the BiH Attorney’s Office informed the Council of Ministers of BiH about real estate outside the territory of BiH, which is the property of BiH.

At that time, they pointed out that BiH has real estate on the territory of the Dubrovnik-Neretva County, namely Villa “Bosanka”, Villa “Aurora”, Hotel Vis II and a property located in Cavtat.

The Ministry of Finance and Treasury has a list of BiH assets abroad.

It is about property acquired from the bodies of the former Socialist Republic of BiH (SRBiH), i.e. the Executive Council of the SRBiH. The tabular representation provided to journalistsby the state Ministry of Finance consists of 12 items, each of which is located in the Republic of Croatia.

The Attorney’s Office of BiH is again trying to protect state property

“The State of BiH, as well as other entities (legal entities and natural persons), in the Republic of Croatia have an extremely significant and valuable property fund. The most important part of the mentioned property appears in the form of real estate such as hotels, resorts, villas, and construction land, for which BiH is mostly denied the opportunity to use,” told BiH Ombudsman Ismet Velic.

In order to protect rights and recover state property, the Office of the Attorney General of BiH initiated a large number of proceedings in the Republic of Croatia, ten of which are currently active.

“The lawsuits filed by the BiH Attorney’s Office in order to protect rights and recover possessions are based on international and domestic regulations on the right to property and real rights, as well as the Agreement on the succession of property of the former Socialist Federal Republic of Yugoslavia (SFRY). However, the fact is that so far, the courts and other competent institutions in the Republic of Croatia have mostly refused to apply the aforementioned regulations, so the protection of rights and the return of property of BiH has been practically absent,” emphasizes the state attorney general.

Namely, the BiH Attorney’s Office is involved in a large number of disputes within BiH that have as their subject property and property interests of the state, Klix.ba reports.

E.Dz.

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TAGGED:#bosnia#croatia#news#property
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