Two company managers accused of obtaining about €8 million from Banca de Economii (BEM) by fraud will stand trial. An episode of the cases concerning the thefts from BEM through nonperforming loans was sent to court, IPN reports.

According to the National Anticorruption Center, the managers of the companies specialized in the provision of IT and cosmetic services raised loans totaling €7 706 729 from Banca de Economii by fraud and by violating the lending rules, causing considerable damage to the bank.

The prosecutors charged two persons with large-scale swindle and money laundering. These face jail terms of maximum 15 years.