The manager of an oil company operating in Moldova was arrested in the case of the frauds committed at Banca de Economii (BEM). He will be initially held at the remand unit of the National Anticorruption Center for 72 hours, IPN reports.
The businessman is suspected of illegally obtaining a number of loans to the value of over 80 000 000 lei from the BEM. He faces a fine of up to 60,000 lei or three to eight years in jail. He will also be banned from performing particular activities or holding particular posts for a period of up to five years. The legal entity is liable to a fine of up to 120,000 lei and can be liquidated.
Last week, the director of the oil company “Valiexchimp” was arrested for 72 hours and then for 30 days on suspicion of illegally getting loans of 465 000 000 de lei from three banks through the agency of five companies.
