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Boss of Bank Tied to Lost U.S. Funds Held

From Times Wire Reports

A former government minister and part-owner of a bank in which the U.S. lost $900,000 was arrested at his import-export company, Sarajevo police said, but they refused to specify the charges against Alija Delimustafic, 46. Delimustafic was interior minister and foreign trade minister during the 1992-95 Bosnian war. After the war, he became a principal owner of the BH Banka, which went bankrupt in 1998. Last month, the U.S. General Accounting Office said the U.S. government had not recovered $900,000 in U.S. Embassy funds and loan payments that had been deposited in the bank.

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