Moldovan premier presents action plan on financial market issue to MPs

18:56 | 07.05.2015 Category: Political

Chisinau, 7 May /MOLDPRES/ - Prime Minister Chiril Gaburici today informed MPs on the actions taken by the government in the context of the situation on the financial and banking market in Moldova.

"All the money from three Moldovan banks - the Savings Bank, Social Bank and Unibank were stolen. I have been summoning the National Committee for Financial Stability every two weeks. We offered collateral to the National Bank of Moldova (BNM) so that all of the population’s deposits were covered. We reached one solution: to do everything we can to find those guilty. We need to bring the money home", said Gaburici.

The prime minister also explained the actions taken by the government to implement the provisions of the parliament's decision taken after hearing the report of the parliamentary inquiry commission on the situation on the financial market. To this effect, Gaburici said that the government decision mentioned in the parliament decision was declassified, and "Finance Ministry declassified the state guarantee for emergency loans granted by BNM."

The premier added that the parliament had a draft law that provided for the establishment of a Supervisory Board of BNM. "We will soon submit a draft to the parliament that will provide the budget taking over payments related to the citizens' deposits in these banks", said Gaburici. At the same time, Chiril Gaburici said that the level of guaranteeing the deposits would increase up to 30,000 lei, compared to the current 7,000 lei staring 1 January 2016.

With regard to sanctioning those responsible for the situation on the financial market, Gaburici announced that an internal investigation was launched and currently information in this regard was being collected.

Later in this evening’s parliament meeting, more high-ranking officials will be questioned on the implementation of decisions adopted by MPs in March this year following the submission of the report of the investigation on the situation on the financial market.

(Reporter C. Russu, Editor M. Jantovan)

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