December 7 (SeeNews) - Bosnian police have arrested the general manager of local pharmaceuticals producer Bosnalijek [SAJ:BSNLR], Nedim Uzunovic, along with other people suspected of illegal trade in the company's shares, local media reported.
The Prosecutor's Office of Bosnia and Herzegovina is conducting an investigation against three individuals and four legal entities suspected of being involved in organised crime, money laundering and abuse of office, news provider Indikator reported on Monday.
The suspects allegedly carried out a complex operation to take over Bosnalijek through a chain of non-existing companies registered in offshore jurisdictions, according to the media report.
Bosnalijek is the largest pharmaceuticals company in Bosnia and Herzegovina.