VIDEO: Ex Bosnian Serb Leader Karadzic Arrested

Radovan Karadzic - wanted for allegedly ordering civilian massacres that left thousands dead in wartime Bosnia - has been arrested.

Radovan Karadzic - wanted for allegedly ordering civilian massacres that left thousands dead in wartime Bosnia - has been arrested.

A statement announcing the arrest came from the office of Serbian President Boris Tadic, and it raised expectations that Karadzic will now face prosecution for war crimes in the Hague.

Karadzic was president of the Bosnian Serbs during the bloody war that raged across former Yugoslavia from 1992 to 1995. Karadzic faces two United Nations war crimes tribunal indictments for genocide: One for authorizing the shooting of civilians during the 43-month siege of Sarajevo....the other for orchestrating the slaughter of some 8-thousand Muslim men in the Eastern Bosnian town of Srebernica.

Karadzic had been underground as a fugitive since 1997, two years after NATO military intervention ended the war that followed the collapse of Yugoslavia at the end of the Cold War.

His arrest came one night before a scheduled European Union meeting to discuss closer relations with Serbia's new pro-Western government.

Delivering Karadzic and other indicted war criminals has been a main condition for Serbia's acceptance into the EU.