Prosecutors and officers of the National Anticorruption Center arrested one of the recipients of bad loans from Banca de Economii. This would have come into possession of US$2.8 million by securing property to a much lower value. Also today, two more members of the administration board of Banca Sociala were charged with fraud in the same case, IPN reports.
According to the National Anticorruption Center, eight searches were carried out in the morning of May 15 at the homes of the directors of six firms that received loans from Banca de Economii and at two assessment companies that overestimated the secured property. The prosecutors are to identify the property owned by those involved in order to sequestrate it.
Two former presidents of Banca de Economii and Banca Sociala and three members of the administration boards of the two banks were charged last week. Three of the suspects, including businessman Ilan Shor, were placed under house arrest.
