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BOSNIAN SERB PARTY'S FINANCIAL ASSETS TO REMAIN FROZEN

ZAGREB, May 6 (Hina) - Financial assets used by the Serb Democratic Party (SDS) in Bosnia-Herzegovina will remain frozen because the party has failed to provide credible evidence showing that it is operating legally and that it is not helping war crimes suspects, High Representative Paddy Ashdown said at a press conference in Sarajevo on Thursday.
ZAGREB, May 6 (Hina) - Financial assets used by the Serb Democratic Party (SDS) in Bosnia-Herzegovina will remain frozen because the party has failed to provide credible evidence showing that it is operating legally and that it is not helping war crimes suspects, High Representative Paddy Ashdown said at a press conference in Sarajevo on Thursday.#L# Ashdown said that auditors from his office had examined a financial report submitted by the SDS on April 19 at the request of the international community and that it had many holes that did not dispel earlier doubts. The leading Serb party is suspected of secretly using public funds to which it is entitled as a parliamentary party for protecting war criminals, most of all the party founder and Serb wartime leader Radovan Karadzic, who is wanted by the Hague war crimes tribunal on genocide charges. The report does not give a full picture of the SDS's finances, Ashdown said, adding that the party was conducting most of its financial transactions through local offices whose operations are very hard to examine in full. The high representative said there were still indications that the SDS had financed illegal activities and criminal organisations, citing a donation to the Chetnik Movement of Ravna Gora. The movement, although legal in Bosnia-Herzegovina, is known for its ultranationalist views, which is why it has been blacklisted by the American government as a terrorist organisation. Ashdown warned that the Ravna Gora Movement was known for its links to criminals and war crimes indictees, adding that it was not ruled out that this organisation had sent SDS funds to such individuals. The high representative said he had instructed a special auditor working within the OSCE mission to examine the SDS's financial activities. Ashdown said he would not punish any SDS officials for the time being, but said this possibility was not ruled out if the findings of the audit confirmed the suspicions that the party continued financing Karadzic and other war crimes suspects or criminals. (Hina) vm

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