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SFOR TAKES OVER MOSTAR BANK, PROTESTS IN BOSNIA

SARAJEVO, April 6 (Hina) - A transitional administration was established in Hercegovacka Bank in Mostar on Friday based on a decision by the international community's High Representative in Bosnia, resulting in an incident in which several international representatives and Mostar residents sustained injuries.
SARAJEVO, April 6 (Hina) - A transitional administration was established in Hercegovacka Bank in Mostar on Friday based on a decision by the international community's High Representative in Bosnia, resulting in an incident in which several international representatives and Mostar residents sustained injuries.#L# All of the bank's transactions have been frozen, to which effect Bosnia's central bank notified all commercial banks in the country. A large crowd of protesters broke into the bank and launched a pillage, injuring several people, after representatives of the international community and the finance police of Bosnia's Croat- Muslim federation, backed by NATO's peace-keeping Stabilisation Force (SFOR), gained access into the Hercegovacka Bank headquarters in the southern town of Mostar. According to initial information, several representatives of the international community and the finance police have been injured. The bullies, immediately upon breaking in, started taking documentation away and plundering the money which was in the bank, Deputy High Representative Ralph Johnson told a news conference in Sarajevo. He said there was no doubt that the protests against an inspection of the bank's business had been well organised and orchestrated. According to the U.S. diplomat, the organisers of this violence are people who fear the results of the inspection. We can all guess who they are, he asserted. Johnson said the organisers would face liability, something the international community would see to. He confirmed the transitional administration in Hercegovacka Bank would operate until every suspect document was examined. He added it was assumed there were more than 50 accounts over which payments were made for the Croat Defence Council (HVO), the Croat component of the federation's armed forces, without any valid evidence as to how the huge deposits were spent. The ultimate objective of the current action is to rehabilitate Hercegovacka Bank so that it may resume with legal business, said Johnson. Early this morning, SFOR's multinational division for the southeast sector warned it would protect the staff and buildings of international institutions. The destruction of the surroundings in the towns of Grude, Posusje, Siroki Brijeg, Mostar, and Medjugorje has forced the SFOR to deploy its units to protect the staff and buildings of international institutions, was the only sentence of a statement the division issued. (hina) ha sb

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