Dodik Sells Russians Part of Croatian Territory?

The Russians have the right to decide about the port ‘Ploce’, whilst the management contract signed by Zagreb and Sarajevo was not ratified.

Transparency International has also spoken out about the irregularities in the privatization process of NIRS, who characterised the operation as something reminiscent of money laundering. The whole process of privatization does not have a positive effect, and the only thing that can be expected in the long term is that the entire burden will fall onto the taxpayers of Bosnia Herzegovina.

The strained relations between Croatia and Bosnia Herzegovina could additionally be stressed due to the secret clauses from the sale contract between NIRS (Oil Industry of Republika Srpska) and Russia, which would privatize that company. Offical Zagreb, surprised with the new situation, is still considering the answer they will send to Sarajevo and Banja Luka, writes Slobodna Bosna.

Dodik oversteps his authority

In the addendum of the sales contracts for: the oil refinery in Bosanski Brod, the oil refinery in Modrici and the company ‘Petrol’; with the Russian company Njeftegazinkor, Milorad Dodik allegedly gave the Russians a monopoly over all of the oil riches in nearly half of Bosnia Herzegovina.

Also, the premier of Republika Srpska gave the Russians the right to build a terminal for oil products in the port of Ploce, and a stake in JANAF, with a condition being that Bosnia Herzegovina must have a stake in that company.

Unpleasantly surprised with that fact that the Russians were given the right to decide about the port of Ploce whilst the management contract which was signed by Zagreb and Sarajevo was not ratified, the Croatian Ministry of Foreign Affairs and the Ministry of the Economy decided to check out the contract in detail, writes Jutarnji List.

‘Operation is reminiscent of money laundering’

Goran Anić-.--.- The director of JANAF, Ante Markov, stressed that Republika Srpska is not in the ownership structure, nor Bosnia Herzegovina, and that it is the only open issue for the JANAF refinery in Bosanski Brod.

This is not the first news about irregularities in the procedure of privatising NIRS. The whole case has already been dealt with by Transparency International, who characterised it as an operation which is reminiscent of money laundering. The whole process of privatization does not have a positive effect, and the only thing that can be expected in the long term is that the entire burden will fall onto the taxpayers of Bosnia Herzegovina.

Transparency International claims that the entire oil sector of Republika Srpska has been practically donated to the Russian NefteGazInKor for four billion kuna. In the report they also warn of the underestimated value of NIRS in the privatization process.