Country
Serbia
Year
2019
Issuing Entity
US
Type
Individual
Institution
US Department of Treasury
Executive Order
E.O. 13818, US Global Magnitsky sanctions
Grounds
Corruption, Organised Crime
Additional information
(Connected to Slobodan Tesic). Esad Kapidzic is the director and secretary of Cyprus-based Finrost Limited (Finrost), as well as the director and representative of Serbia-based Falcon Strategic Solutions D.O.O. (Falcon Strategic), two entities also designated for being owned or controlled by, or for acting or purporting to act for or on behalf of, directly or indirectly, Tesic. Finrost received and moved money on behalf of Tesic, and was used by Tesic for a weapons contract with a foreign government in Africa. Additionally, Falcon Strategic was established by Tesic immediately following his December 21, 2017 designation to avoid sanctions. Global Magnitsky Designation.
Connected to
