Moldovan parliament holds hearings on recovery of fraudulent assets in banking system

21:13 | 12.10.2018 Category: Economic

Chisinau, 12 October /MOLDPRES/ – The Director of the National Anticorruption Centre (CNA), Bogdan Zumbreanu, and the Governor of the National Bank of Moldova (BNM), Sergiu Cioclea, were heard today in Parliament on the actions taken by the bodies empowered to recover the fraudulent assets from the banking system.

At the hearings, Bogdan Zumbreanu said that until now, there have been identified about 90 per cent of the financial of stolen from the banking system means and MDL 420 million of the total amount of the fraudulent assets were effectively recovered to actual beneficiaries.

"As a result of the investigations, it was possible to identify the movable assets belonging to the actual beneficiaries of the bank frauds. This is about 22 enterprises. Following the sale of these shares, Banca de Economii (BEM) has already raised about MDL 420 million. This is the figure actually recovered. This amount does not include funds recovered as a result of BNM activity. The task of the bodies involved in investigations is to study the financial profile of the actual beneficiaries to identify where the money that has been converted or already spent has been hidden," said Zumbreanu.

Also, according to Zumbreanu, MDL 7.74 billion represent the amount of the damage established on the criminal files already filed with the identification of the actual beneficiaries, another MDL 1.9 billion were identified in the files under investigation with the identified beneficiaries, and for other MDL 1,06 billion are not yet settled by the final beneficiaries.

The Governor of BNM said that until 30 September 2018, a total of MDL 1 billion 262 million of debt had been returned to the Ministry of Finance (MF). Out of these, 18 per cent comes from the sale of proprietary assets, and the rest of the money comes from selling the pledge, repaying loans, or forcing money.

According to Cioclea, the liquidators of the banks initiated civil proceedings against all parties involved in the fraud, with 45 criminal cases being opened in the courts.

(Reporter N. Sandu, editor L. Alcaza)

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