The Central Bank of Bosnia and Herzegovina (CBBH) briefed the Parliamentary Assembly’s Joint Commission for Economic Reforms and Development on the “Viaduct versus Bosnia and Herzegovina” arbitration and the related legal and financial risks, including a Municipal Court in Mostar judgment that could expose CBBH assets to seizure. The CBBH reiterated that it is not a party to the proceedings and confirmed it has challenged the Mostar court decision through the Attorney General’s Office of Bosnia and Herzegovina. Against this backdrop, the CBBH Governing Board maintained its unified position not to transfer a portion of realised profit of BAM 244,306,831.96 to the Bosnia and Herzegovina Ministry of Finance and Treasury under the Law on the Central Bank of Bosnia and Herzegovina while there remains a possibility that CBBH assets could be jeopardised. The Joint Commission expressed support for the CBBH’s stance and called for urgent engagement by the Prosecutor’s Office of Bosnia and Herzegovina and the High Judicial and Prosecutorial Council to investigate the case, including potential corruption, inaction and negligent work. The Joint Commission indicated that conclusions from the meeting will be systematised and adopted at its next session.
Central Bank of Bosnia and Herzegovina 2025-05-07
Central Bank of Bosnia and Herzegovina appeals Mostar court asset seizure order and withholds BAM 244.3m profit transfer linked to Viaduct arbitration
The Central Bank of Bosnia and Herzegovina (CBBH) briefed the Parliamentary Assembly’s Joint Commission on legal and financial risks related to the “Viaduct versus Bosnia and Herzegovina” arbitration, including a court judgment threatening CBBH assets. The CBBH challenged the judgment and decided not to transfer BAM 244.3 million in profits to the Ministry of Finance and Treasury while asset risks persist. The Joint Commission supported the CBBH's stance and urged further investigation.