News in English     | 26.10.2018. 16:25 |

Milan Novaković sentenced to one year in prison for tax evasion

FENA Press release

SARAJEVO, October 26 (FENA) - The Court of Bosnia and Herzegovina delivered a trial judgment finding the accused Milan Novaković guilty of the criminal offense of Tax Evasion or Fraud under Article 210(4) of the Criminal Code of Bosnia and Herzegovina (CC BiH), as read with Paragraph 1, all in conjunction with Articles 31 and 54 of the CC BiH.

The Court sentenced him to 1 (one) year of imprisonment.

Pursuant to Article 56 of the CC BiH, the time the accused spent in pre-trial custody, from 19 August 2011 to 17 November 2011, shall be credited towards his sentence of imprisonment.

Also imposed on the accused Milan Novaković was an accessory punishment in the form of a fine in the amount of 5,000.00 KM (five thousand convertible marks) which the accused must pay within one month of the date when the judgment becomes final.

The accused Milan Novaković was found guilty that, acting on orders given by Miroslav Crnčević, for the benefit of Nebojša Antonić (legal entity Antonić Trade d.o.o. Laktaši) and legal entity Gipo d.o.o. Posušje, which had committed the criminal offense punishable by the BiH law, he made it possible that the foregoing persons evade the dues prescribed by the BiH tax legislation by failing to provide requested data or by providing false data about the acquired taxable income, with the amount of evaded tax exceeding 200,000.00 KM, stated the BiH Court.

(FENA) S. R.

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