Country
Serbia
Year
2023
Issuing Entity
US
Type
Individual
Institution
US Department of Treasury
Executive Order
E.O. 14024, E.O. 14033
Grounds
Destabilisation
Additional information
Nenad Popovic (Popovic) served as Serbia’s Minister from 2017 to 2022 and founded the nationalist Serbian People’s Party in 2014. Popovic owns numerous companies and holdings in Serbia and Russia. Since the 1990s, Popovic has used his Russia-based businesses to enrich himself and gain close connections with Kremlin senior leaders. Popovic continues to use his Kremlin connections to secure business for his holdings, most of which operate in the consulting, real estate, and electronics sector of the Russian economy, to build his personal wealth through embezzlement and tax schemes. The Department of State is designating Nenad Popovic pursuant to E.O. 14024 for operating in or having operated in the electronics sector of the Russian Federation economy.
