A department head of the National Bank of Moldova (NBM) will stay under arrest for another 20 days over charges of abuse of power in the bank fraud case, IPN reports, quoting the Prosecutor’s Office for Organized Crime and Special Cases.

The Ciocana branch of the Chisinau City Court took such a decision in a move to ensure the objectivity of investigations. The investigations refer to the bank guarantees provided to Banca de Economii, Unibank and Banca Sociale.

In April, the judges ordered to remand in custody, until May 10, NBM division head Ion Ropot, who held the post of special manager of Banca de Economii. He is accused of abuse of power in the bank fraud case, as regards the management of the bank guarantees offered to Banca de Economii, Unibank and Banca Socială. On March 12, the Ciocana branch of the Chisinau City Court issued a warrant for the arrest of Ion Ropot for a 30-day period.