The U.S. State Department’s 2016 Annual Human Rights Report contained a 32-page chapter on Bosnia and Herzegovina, which found that “government corruption remained among the country’s most serious problems, contributing to continued political and economic stagnation.”
The U.S. State Department’s Annual Report on Human Rights in Bulgaria said “corruption continued to be a drag” on the country, and that efforts to punish corrupt public officials have been “insufficient.”
International watchdog Transparency International says 11 of 12 Balkan nations are perceived as “highly corrupt,” and that Kosovo, Macedonia, Bosnia & Herzegovina, Albania, Bulgaria and Serbia have “endemic corruption” in their public sector.
On Feb. 20, Moscow’s Tsverskoy District Court issued a new arrest warrant in absentia for William Browder, UK citizen and CEO of Hermitage Capital Management, a major investment firm he co-founded in Russia in 1996.
Between 2013 and 2014, the country of Bulgaria saw one of its largest and most successful banks get demolished by a trio of a corrupt judiciary, corrupt media, and corrupt government officials in a classic corporate raiding scheme.
Vojvodjanska Banka recently announced that its Belgrade branch at Vojvodje Supljikca Street 53-55 will be moving to Njegoseva 72 St., on Jan. 16, where all operations will continue and account holders will be able to access a full range of services.