In 2023, 13.63 million BAM of illegally acquired money was injected into legal cash flows in Bosnia and Herzegovina (BiH).
Material damage
In the report of the State Investigation and Protection Agency (SIPA) for last year, it was stated that the investigations of criminal offenses of money laundering established that 13.63 million BAM of illegally acquired money were injected into legal cash flows through the financial system of BiH, while the material damage caused by the reported criminal offenses amounted to 5.43 million BAM.
According to earlier SIPA reports, in 2022, 35.19 million BAM of illegally acquired money was injected into the legal cash flows of BiH, while the material damage caused by reported criminal acts of money laundering amounted to 14 million BAM.
Six reports
Moreover, 10.9 million BAM was injected into legal cash flows in 2021, and 12.9 million BAM and 12.1 million BAM in 2020 and 2019, respectively. These data show that in the last five years, the most laundered money was discovered in legal cash flows in 2022.
“Six financial investigations were conducted under SIPA’s jurisdiction. Special attention was paid to this type of investigation, and although a special internal organizational unit was not formed to deal with these investigations, the existing staff was redistributed,” SIPA stated in the report for last year, Avaz writes.
E.Dz.
