Country
Serbia
Year
2020
Issuing Entity
US
Type
Business
Institution
US Department of Treasury
Executive Order
E.O. of August 9 2021
Grounds
Destabilisation
Additional information
(Connected to Nebojsa Karic). Dana Holdings Limited (Dana Holdings) is a firm registered in Cyprus with connections to Serbia’s Karic family, which rose to prominence bankrolling the rule of Slobodan Milosevic in the 1990s. The Karic family is considered close to Lukashenka; for instance, Dana Holdings allegedly offered employees a day off for participating in a pro-Lukashenka rally in the aftermath of the fraudulent August 9, 2020 election, has appeared on pro-Lukashenka fliers, and houses an art gallery run by Lukashenka’s daughter-in-law in a shopping mall in Minsk. Serbian and Cypriot national Nebojsa Karic plays a leading role in the company. Designated pursuant to the E.O. of August 9, 2021 for operating or having operated in the construction sector of the economy of Belarus. By Treasury.
Connected to
