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The Prosecutor's Office of Bosnia and Herzegovina

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BIH PROSECUTOR’S OFFICE ISSUES INDICTMENT FOR TAX EVASION OF BAM 358,428

27.09.2019. 12:52
The Prosecutor’s Office of Bosnia and Herzegovina has issued an Indictment against Branko Kovačević and the legal entity ‘Horizont’ /Horizon/ d.o.o. /Limited Liability Company/ from Banja Luka, charged with tax evasion of BAM 358,428 in 2016 and 2017, which is the amount of the damage incurred to the budget of Bosnia and Herzegovina.
  • BIH PROSECUTOR’S OFFICE ISSUES INDICTMENT FOR TAX EVASION OF BAM 358,428

 Prosecutor of the Special Department for Organized Crime, Economic Crime and Corruption of the Prosecutor’s Office of Bosnia and Herzegovina has issued an Indictment against the following persons:

- Branko Kovačević, born in 1972 in Bihać, a citizen of Bosnia and Herzegovina and the Republic of Serbia, and

- Legal entity ‘Horizont’ /Horizon/ d.o.o. /Limited Liability Company/ from Banja Luka, the Director and authorized representative of which is Branko Kovačević.

According to the allegations in the Indictment, the accused Branko Kovačević, as a responsible person of the legal entity ‘Horizont’ d.o.o. from Banja Luka, provided false information about the facts that affect the determination of the amount of liability, and he evaded to calculate and pay VAT duties required under the tax legislation.

Legal entity ‘Horizont’ d.o.o. from Banja Luka is charged with unlawful disposal of the aforementioned amount of property gain acquired by the accused Branko Kovačević.

The accused Branko Kovačević is charged with the commission of the continued criminal offence of Tax Evasion or Fraud, referred to in Article 210, Paragraph 4 as read with Paragraph 1 and in conjunction with Article 54 of the Criminal Code of Bosnia and Herzegovina, whereas the legal entity ‘Horizont’ d.o.o. from Banja Luka is charged with the commission of the criminal offence of Tax Evasion or Fraud, referred to in Article 210, Paragraph 4 as read with Paragraph 1 and in conjunction with Article 54 and Article 124, Paragraph 1, item c) of the same Code.

The Indictment has been forwarded to the Court of Bosnia and Herzegovina for confirmation.


*Note on the principle of presumption of innocence

Dear Media Representatives, when transmitting news please bear in mind that persons referred to in the news and information of the BiH Prosecutor's Office, have the status of a suspect or an accused person. Let us remind you of the principle of presumption of innocence, which defines that no person shall be considered guilty until his/her guilt has been established by a final verdict.

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