Fraudulent schemes used by politicians distance agreement with IMF, experts

The ruling politicians implement fraudulent schemes as a result of which the state-owned enterprises are privatized at derisory prices. For this reason, the IMF avoids signing a new financing agreement with the Government of Moldova, said experts from the panel of the April 20 edition of the talk show “Politics” on TV 7 channel, IPN reports.

Veaceslav Negruta, ex-minister of finance, said well-planned schemes are used and these bring considerable profit to those who purchase companies at derisory prices and to the politicians who manage these schemes from behind. “The revenues of a company that is actually profitable are artificially reduced and the company goes bankrupt. Thus, the company is purchased from the state at a derisory price. Afterward, the new owner sells the company at a rather high price,” he stated.

Political analyst Victor Ciobanu considers the state-owned companies are bought with the money stolen from the banking system. “A part of the money stolen from the national banking system is invested in the privatization of enterprises. These schemes create obstacles to signing the agreement with the IMF because the politicians involved in them do not want to be monitored by the international mission,” he said.

Economic expert Viorel Garbu believes the state is to blame for the created situation. “The inappropriate state policy in the area of privatization led to the bankruptcy of profitable companies” he said.

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