Slobodan Pavlovic

Although almost three weeks have passed since the International Monetary Fund transferred 330 million euros to Bosnia and Herzegovina to combat the coronavirus crisis, the country's political leaders have not yet agreed on how to distribute the money.

Confirmation that Milorad Dodik, President of Republika Srpska and leader of the ruling Alliance of Independent Social Democrats, SNSD, is being investigated in connection with a failed bank will have an impact on the local elections due in October, experts say.

Bosnia's state prosecution on Friday asked the state court, the Court of Bosnia and Herzegovina, to detain Slobodan Pavlovic, the owner of Pavlovic Bank, for 30 days together with Petar Lazic, the former bank director, Ljiljana Garic, an employee in the department for credits and Blago Blagojevic, a former employee of Pavlovic's company Slobomir.

Bosnian state police, SIPA, on Thursday arrested Slobodan Pavlovic, owner of the Pavlovic Bank, which is at the centre of a controversy over a villa in Belgrade bought by the Bosnian Serb leader, Milorad Dodik.