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BOSNIAN SERB BANKER GRANTED LOANS TO WAR CRIMES INDICTEES

BANJA LUKA, Nov 13 (Hina) - Momcilo Mandic, owner of Sarajevo'sPrivredna Banka Srpsko Sarajevo, which was recently stripped of itsoperating licence by High Representative Paddy Ashdown, had granteduncovered loans to persons indicted for war crimes and their families,Banja Luka's Nezavisne Novine daily quoted sources in the bank onSaturday.
BANJA LUKA, Nov 13 (Hina) - Momcilo Mandic, owner of Sarajevo's Privredna Banka Srpsko Sarajevo, which was recently stripped of its operating licence by High Representative Paddy Ashdown, had granted uncovered loans to persons indicted for war crimes and their families, Banja Luka's Nezavisne Novine daily quoted sources in the bank on Saturday.

Mandic's bank granted loans, among others, to a company owned by Mirko Krajisnik, the brother of Hague tribunal indictee Momcilo Krajisnik, and a company owned by Ranko Cicovic, a former bodyguard to Hague indictee Radovan Karadzic, whose house was recently searched by the Stabilisation Force.

Mandic's bank also granted loans to another indictee, Ljubomir Borovcanin, a former deputy commander of a special Bosnian Serb police brigade, accused of genocide in Srebrenica, as well as to his son.

The Serb Democratic Party (SDS) was granted loans by this bank as well, the paper says.

Tobi Robinson, who was appointed the bank's temporary manager by High Representative Ashdown, shut the bank down on November 5.

Mandic, a former Bosnian Serb justice minister, owns Privredna Banka Srpsko Sarajevo and is on the United States' and Europe's "black list" of persons helping in the hiding of war crimes indictees.

He lives in Belgrade and the Court of Bosnia-Herzegovina has issued a warrant for his arrest.

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