NEWS FLASH
Eurocontrol has lifted a freeze on the accounts of Bosnia and Herzegovina’s Air Navigation Services Agency (BHANSA), imposed in March 2025 after a Belgian court ordered the seizure of funds to enforce an unrelated 39-million-euro arbitration ruling in favour of Slovenia’s Viaduct company. The freeze blocked access to more than 12.8 million euros in collected overflight fees, cutting off 90% of BHANSA’s revenue. The agency was forced to cut salaries by 20% and rely on emergency state funding, with officials warning that Bosnia’s airspace and airports risked closure if the dispute remained unresolved.
The unblocking followed state intervention to repay the debt, allowing Eurocontrol to release the withheld funds. With over 12.8 million euros transferred back to BHANSA, the agency can now restore normal financial operations, pay staff and suppliers and continue investments in air traffic management.
Welp, good ending it seems at the very least
ReplyDeleteWhich “state” related the fees? Was it the national government of Bosnia or was it the fiefdom in Banja Luka where the corrupt dealing started in the first place with Viadukt?
ReplyDeleteRepaid*
DeleteIt was paid by the Central Bank of Bosnia and Herzegovina but the funds were secured from Republika Srpska.
DeleteMilorad Dodik created a fictitious company, he deliberately did not pay the debt because he knew that eventually the state would have to pay. It's unbelievable what the man did for years, destroyed the Republic of Srpska....
ReplyDelete