The Ministry of Finance will immediately draft a bill with amendments to the legislation with a view to making the activity of bank shareholders transparent and to imposing tougher regulations concerning the stockholders of the banks forming the banking system, IPN reports.
Prime Minister designate Iurie Leanca on May 28 chaired a meeting of the National Financial Stability Committee, which centered on the situation at Moldova - Agroindbank (MAIB). According to a communiqué from the Government, over the next days the National Bank of Moldova will pronounce on the informal affiliation of new shareholders to MAIB. If it’s established that the new shareholders work concertedly, the central bank will prevent them from taking part in decision making at the bank.
The National Anticorruption Center, the Prosecutor General’s Office and the Ministry of the Interior will cooperate with the state institutions, especially the National Bank and the National Financial Market Commission, in investigating the circumstances that led to the non-transparent sale of shares in MAIB. The National Financial Market Commission will examine the behavior of the independent registrar involved and may withdraw its license if irregularities are identified.
In a communiqué, the Board of Moldova-Agroindbank said that since this February, the bank’s managerial bodies and shareholders have been the target for new fraudulent acts by a group of persons who act concertedly, being supported by high-ranking officials from state bodies (administrative and judicial) and by an independent registrar. The bank’s administration considers that the given acts represent the prolongation of the illegal and especially dangerous scheme against Moldova-Agroindbank that was launched in the summer of 2011 and continued in 2012. By their size and impact, they exceed considerably the raider attacks.
