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press review 03 Oct 12

Bosnia Press Review - October 3, 2012

Klas bakery lost 1,3 million euro in the first half of 2012. Bosniaks suggest forming four municipalities in Mostar. Nedjo Ilic arrested for misusing position in a public company.

Sarajevo

DNEVNI AVAZ

Half-year business report of companies owned by Hilmo and Mujo Selimovic, and their political partner Bakir Izetbegovic, confirms that SDA tycoons are to go bankrupt and that is why they ask for protection because they endangered the economy of the Federation entity by their insolvency. The total debt of Selimovics to the statem banks, suppliers and workers is around 1.5 billion euro and it continues to grow. Klas bakery lost 1,3 million euro in the first six months this year.

OSLOBODJENJE

Croat and Bosniak politicians in Mostar are waiting for a green light from the OHRto continue negotiations over changing elections rules in the town. Bosniks propose four multi-ethnic municipalities, like Sarajevo is, said Adil Suta of the Party of Democratic Action, SDA. He added that two municipalities would not be a solutions because the town would then be divided in half, what no one wants to see.

NEZAVISNE NOVINE

Nedjo Ilic, former director of the public company Sume RS, was arrested under suspicion of misusing the position, Nezavisne daily found out that Ilic's property could be taken away and his bank accounts blocked. A source told the daily that Ilic will be charged for millions KM worth contracts with companies from the Federation entity, which in the meanwhile closed down.

Balkan Insight has not verified the facts in the original press reports and cannot vouch for their accuracy.

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