The Anticorruption Prosecutor’s Office completed the investigation into the case of five former members of the Lending Committee of BC Banca de Economii SA (BEM), who are accused of violating the lending rules and of causing serious damage to the bank, IPN reports.
According to the investigation results, in 2010-2011 the former president of the Lending Committee, together with another four members of the Committee, illegally released loans of US$2.45 million to a company. Though the Committee had to intervene and to stop the release of those loans, the culprits took no steps in this regard, casing thus considerable damage to the bank.
The case was sent to the Buiucani District Court, where another case against the culprits, over the provision of loans from the BEM, is pending. To recover the damage caused to the bank, the property of the culprits was sequestrated. The suspects face a fine or up to seven years in jail. In both of the cases, these will be banned from holding particular posts and performing particular activities for a period of up to five years.
The investigation into other cases of loan release in different periods by the BEM continues.
