Esad Kapidzic

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 INFORMATIONBusinessman, Business Associate of Tesic
DATE OF BIRTH23.06.1959
PLACE OF BIRTHSerbia
NATIONALITYSerbia
COUNTRY OF RESIDENCESerbia
FULL NAMEEsad Kapidzic
FIRST AND MIDDLE NAME(S)Esad
ALIASESEso Kapidzic
FAMILY MEMBERSUnknown
FAMILY MEMBERS SUBJECT TO SANCTIONSNone
SUSPECTED OR CONFIRMED LINKS TO LEGAL ENTITIESFinrost Ltd., Falcon Strategic Solutions D.O.O., [1] [2]
ESTIMATES OF ASSETS FROZEN OR CONFISCATEDUnknown
ESTIMATES OF ASSETS RETURNEDNone
SANCTIONS REGIMESUS Global Magnitsky Sanctions. [1]
START OF SANCTIONS09.12.2019 [1]