Having held a plea hearing, the Court handed down a judgment finding the accused Zoran Radovanović guilty of the criminal offense Tax Evasion or Fraud under Article 210(1) of the Criminal Code of Bosnia and Herzegovina and imposed on him a suspended sentence of imprisonment for a term of 10 (ten) months, determining at the same time that the sentence will not be executed unless the accused commits a new criminal offense within 3 (three) years from the day of the judgment finality.

Zoran Radovanović was found guilty because, during the period between 1 January 2014 and 31 December 2015, in Sarajevo, Igor Radovanović, in the capacity of the Director and an authorized representative in domestic and foreign trade, with no limited powers within the “CWS AQUALIS” d.o.o. Company Sarajevo, authorized his father Zoran Radovanović to perform, on behalf of the Company, the activities which he was not authorized to perform, in relation to which he kept no taxable income records, or record-log book of out-going invoices, or gross balance, no tax return records, and did not calculate, reported or paid value added tax, whereby he decreased the Company’s tax liabilities as follows: for the year 2014, in the amount of KM 23,878.00 and for the year 2015, in the amount of 17,963.00, and thus, in the described manner, damaged the BiH Budget in the total amount of KM 41,841.00.

Pursuant to Article 110 and Article 111 of the Criminal Code of Bosnia and Herzegovina, the proceeds of crime, in the amount of KM 41,841.00, shall be confiscated from the legal entity “CWS AQUALIS” d.o.o. Sarajevo, which shall be paid by the legal entity to the BiH Budget account within the period of 6 (six) months after the judgment finality date.

Pursuant to Article 188(1) of the Criminal Procedure Code of BiH, the accused Zoran Radovanović shall reimburse the costs of the criminal proceedings in the total amount of KM 600.00.