● TUESDAY, June 11

Internet and audiovisual services bring highest incomes in electronic communications

The revenues from fixed and mobile Internet access services and from audiovisual programs transmission and retransmission services in the first quarter of this year rose by 3.2% to 1.475billion lei. According to a report published by the National Regulatory Agency for Electronic Communications and Information Technology, the revenues earned from the sale of fixed Internet access services increased by 6.2% to 334.7 million lei compared with the first quarter of 2018. The revenues from mobile Internet access services grew by 12.4% to 274.5 million, while from audiovisual programs transmission and retransmission services by 41.6% to 83.3 million lei. The decline in total sales on the electronic communications market in the period was due to the lower incomes from the sale of landline and mobile phone services and from other activities related to electronic communications.

● WEDNESDAY, June 12

Commission of inquiry into bank fraud holds first meeting

The commission of inquiry into the bank fraud constituted by the MPs of ACUM and the PSRM will investigate all the actions and inaction that led to the robbing of the banking system starting with 2010 until present. It will request the documents obtained by the two commissions of inquiry cratered by the MPs of the previous legislature, the commission’s chairman Alexandru Slusari was quoted by IPN as saying after the first meeting. According to Alexandru Slusari, in the first meeting the commission members were assigned tasks and all the competent authorities are to be informed about the commission’s work. Alexandru Slusari also said that they will ask the Parliament’s secretariat to provide the documents obtained by the previous commissions of inquiry. The chairman stated that if need be, additional documents will be requested from other state institutions. “We could address directly Kroll Company to get the Second Kroll Report to which we want to have access and which we aim to make public,” said the MP.

● THURSDAY, June 13

Reports of ongoing embezzlement at state-owned companies

Vadim Brînzan, minister of economy in the Sandu Cabinet, is warning that reports exist about past and ongoing embezzlement at state-owned companies, in both cash and offshore transactions. Brînzan has called a press conference to warn government representatives and managers of state-owned companies to refrain from any suspicious or illegal transactions, and relevant law enforcement agencies from failing to react, or face criminal punishment. “This sudden spike in the number and volumes of financial transactions that are abnormal for the daily routine of these state-owned companies is very suspicious and alarming. We could be witnessing again a fraud perpetrated by a narrow group of people still in control of state corporations and institutions,” said Vadim Brînzan.