Novalić graduated from the University of Sarajevo in 1983. He then worked for a number of years in the company TMD "Gradačac Famos", going from constructor to director. Later he moved on to head the company TMD "Automotive Industry" ("Cimos" TMD). Novalić was dismissed from Cimos in 2013 for alleged abuse of powers. He also chaired the Association of Businessmen of Gradačac and hometown football club Zvijezda Gradačac.
In May 2020, Novalić was accused of being involved in the "Ventilators affair" scandal, regarding his role in the "illegal import" of medical ventilators during his time as Prime Minister. In April 2023, he was found guilty in the first instance, receiving four years imprisonment. The court's Appellate panel confirmed the verdict in January 2024.
Novalić graduated from the Faculty of Mechanical Engineering at the University of Sarajevo in 1983. He then worked for 17 years in the company TMD "Gradačac Famos", going from constructor to director. In 2000, he moved on to head the company TMD "Automotive Industry" ("Cimos" TMD). Novalić was dismissed from Cimos in 2013 for alleged abuse of powers, despite protests by employees in his support. He also founded at least seven other companies, including "Supfina". He was on the supervisory boards of the companies "Wagner - Automotive" and "Namještaj" d.d.[3] Novalić also chaired the Association of Businessmen of Gradačac and football club Zvijezda Gradačac.[3]
He has been a member of the Party of Democratic Action (SDA) since 2015, and has even before been the chairman of the Board of the Council for Economic and Financial Policy of the Party. Novalić has been a member of the SDA Presidency also since 2015. He has authored much of the SDA's economic programme.[3]
Novalić stood up against the proliferation of small hydroelectric dams in the Federation of Bosnia and Herzegovina, which has some of the most biodiverse rivers in Europe.[6]
His stance - that clean rivers are more important than domestic electricity production - made him a notable figure in the world of environmental activism in 2020, when prominent American actor Leonardo DiCaprio referenced his call to action while urging the Federal Government to protect the most biodiverse rivers remaining in Europe himself.[7]
Novalić stirred controversy after announcing the results of his government's success at reviving the Federal defense industry, among which was the increased range of Bosnian grenades.[10]Bakir Izetbegović, the president of the SDA which appointed Novalić, doubled down on the confidence asserting that weapons production will continue, both to increase exports and for the "God forbid, it comes to it" scenario of another aggression and attempted genocide.[11]Bosnian Serb leader Milorad Dodik accused the Federation of “illegal weapon production” after these events.[12]
Corruption allegations
Novalić was detained for questioning and then arrested on 28 May 2020, for his alleged role in "illegal import" of medical ventilators by "FH Srebrena malina", a raspberry processing firm recruited for that purpose by the Federal Department of Civil Protection.[13] He also faced money laundering charges by the same indictment.[14] 100 ventilators were acquired from a Chinese company at a price of 10.5 million KM.[14] Gordana Tadić, at the time head of the Prosecutor's Office of Bosnia and Herzegovina, said in an interview given on Face TV that "Articles by news portals were the basis for the indictment."[15]
Also arrested alongside Novalić were the Federal Minister of Finance Jelka Miličević, the suspended Director of the Federal Department for Civilian Protection Fahrudin Solak, and the CEO and co-owner of the "FH Srebrena malina", Fikret Hodžić. The indictment of Milićević was separated from the indictment of the others accused.[16] On 5 April 2023, Novalić was found guilty by the first-instance court and received a four-year sentence, while Hodžić got five and Solak six-year sentences.[17] The verdict was confirmed by the court's Appellate panel on 26 January 2024.[18] Novalić started serving his sentence in Vojkovići prison on 21 March 2024.[19]
Personal life
Fadil is married to Selvija Novalić with whom he has three daughters.[3]