One of the criminal cases concerning the bank fraud was sent to court. This features the special administrator of Unibank, who in 2015 contributed to the fraudulent release of over 75 million lei from the money provided as state guarantees, IPN reports.
The Prosecutor’s Office for Organized Crime and Special Cases said the National Bank functionary who was assigned to administer Unibank abuses his office in the interests of a criminal organization and faces three to seven years in jail and ban on holding particular posts or performing particular activities for a period of 10 to 15 years.
The administrator, who was to remedy the precarious financial situation of the bank following the bank fraud, misinformed the special commission that over 75 million lei in the accounts of a nonresident legal entity, which was frozen, came both from persons affiliated with the bank and from the bank fraud committed at Banca de Economii. As the commission was misled, it allowed the special administrator of Unibank to unfreeze the accounts. Because Unibank at that moment didn’t have financial resources, the money was released from the state guarantees.
It happened in May 2015 at a time when information about the bank fraud was made known through the Kroll I report in April 2015.
The actions of the private individuals and legal entities affiliated with the bank through whose agency the stolen funds were transferred are investigated in a separate case.
