There is a widespread contention that Agrokomerc's financial problems were largely due to Bosnian politicians using the company to enhance their political power.
At present, after four and a half years of bloody war, no Bosnian politicians can claim to enjoy a popular mandate.
His new powers include the ability to dismiss Bosnian politicians who do not attend meetings to promote peace and unity.
Many diplomats here say they are convinced that Bosnian politicians and officials are diverting money to themselves and their parties.
In similar fashion, today's Bosnian politicians refuse to provide the kind of business environment that most large foreign investors demand.
The European Union is also applying pressure on Bosnian politicians to reform.
Recently, Western governments said they would impose their own decisions on important matters that Bosnian politicians refuse to resolve.
Bakir Izetbegović (born 28 June 1956) is a Bosnian politician.
The international community can act as facilitator; we can offer encouragement and support; but the Bosnian politicians must take the lead.
There have been more than six months of table-pounding acrimony as Bosnian politicians and foreign officials negotiated the composition of local governments.