Esad Kapidzic is the director and secretary of Cyprus-based Finrost Limited (Finrost), as well as the director and representative of Serbia-based Falcon Strategic Solutions D.O.O. (Falcon Strategic), two entities also designated for being owned or controlled by, or for acting or purporting to act for or on behalf of, directly or indirectly, Tesic. Finrost is alleged to have received and moved money on behalf of the sanctioned arms dealer Slobodan Tesic, and was used by Tesic for a weapons contract with a foreign government in Africa. Additionally, Falcon Strategic was established by Tesic immediately following his December 21, 2017 designation, purportedly to avoid sanctions. [1]
Information
| IDENTIFYING INFORMATION | Businessman, Business Associate of Tesic |
| DATE OF BIRTH | 23.06.1959 |
| PLACE OF BIRTH | Serbia |
| NATIONALITY | Serbia |
| COUNTRY OF RESIDENCE | Serbia |
| FULL NAME | Esad Kapidzic |
| FIRST AND MIDDLE NAME(S) | Esad |
| ALIASES | Eso Kapidzic |
| FAMILY MEMBERS | Unknown |
| FAMILY MEMBERS SUBJECT TO SANCTIONS | None |
| SUSPECTED OR CONFIRMED LINKS TO LEGAL ENTITIES | Finrost Ltd., Falcon Strategic Solutions D.O.O., [1] [2] |
| ESTIMATES OF ASSETS FROZEN OR CONFISCATED | Unknown |
| ESTIMATES OF ASSETS RETURNED | None |
| SANCTIONS REGIMES | US Global Magnitsky Sanctions. [1] |
| START OF SANCTIONS | 09.12.2019 [1] |