June 22, 2024

Sanctioning Corrupt Businessman in North Macedonia

Sanctioning Corrupt Businessman in North Macedonia

The United States today is designating North Macedonia businessman Jordan “Orce” Kamcev for having engaged in corruption, including bribery of a government official.  Kamcev’s corrupt acts have eroded public confidence and undermined the integrity of North Macedonia’s justice sector and rule of law, while furthering his personal gain.

The United States will continue to promote accountability for individuals and entities that undermine or threaten the stability of the Western Balkans through corruption.  We call on North Macedonia to continue strengthening the rule of law and its democratic institutions and to clamp down on corruption.  These efforts are critical to North Macedonia’s full integration into European institutions.

The U.S. Department of the Treasury is designating Kamcev pursuant to Executive Order 14033 . Kamcev, one of North Macedonia’s richest businessmen, engaged in significant acts of corruption, the abuse of office, money laundering, and other offenses from 2002 to 2015.  His actions have eroded public confidence in North Macedonia’s justice sector and the rule of law, while furthering his personal gain.

Official news published at https://www.state.gov/sanctioning-corrupt-businessman-in-north-macedonia/