Officers of the National Anticorruption Center arrested the head of the Administration Board of the insurance company SA “Moldasig” on charges of money laundering and appropriation. She will stay in the Center’s remand prison for 72 hours initially and faces 15 years behind bars, IPN reports.
According to the Center, the woman is suspected of illegally obtaining shares in a Moldovan commercial bank in collusion with other persons. She is also suspected of laundering money and of causing damage estimated at about 20 million lei to the institution’s shareholders.
The suspect employed a scheme by which she dispossessed bank shareholders of 17,000 shares. To put her plan into practice, the woman falsified a power of attorney by which a third person was authorized to represent the interests of shareholders without these knowing. Afterward, the holder of the power of attorney, acting illegally in the name of shareholders, transferred a shareholding to the account of an offshore company.
To hide the offense, the suspect implemented another scheme by which she hid the documents based on which the illegal transactions with bank shares were performed.
According to the official website of SA “Moldasig”, the company was registered by three state-run companies, namely SA “Banca de Economii”, IS “Calea Ferata din Moldova” and IS “Posta Moldovei”.
