The loans of about 10 billion lei provided by the National Bank of Moldova to Banca de Economii, Banca Sociala and Unibank under state guarantee must be repaid by March 27. If the three institutions do not repay the loans, this money will become state debt and is to be paid from the budget, the chairman of the Party of Socialists (PSRM) Igor Dodon, said, informing that the Socialist faction compiled an alternative report on the situation in financial-banking sector. He noted that according to his information, this money will not be paid back, IPN reports.
According to Igor Dodon, the accumulated information shows that huge sums of money, of tens of billions of lei, were extracted from the banking sector with the involvement of decision makers. The scheme was prepared thoroughly during a year and a half or even two. At the first stage, an additional set of shares was issued at Banca de Economii. There were provided bad loans to persons affiliated to the country’s administration. The largest sums were extracted last November as it was the electoral period and Parliament was nonfunctional. The National Bank provided a loan of about 10 billion lei to Banca Sociala, while Banca Sociala released loans of 13 billion lei to five companies that transferred the money to offshore areas. Those who stole the money liquidated the traces and the documents disappeared.
Dodon said the national currency depreciated mainly after the given scheme was implemented. The three banks in December, January and February gained incomes of over 1 billion lei as a result of speculations on the currency market. The central bank took no measure. The National Anticorruption Center and the prosecution bodies didn’t react swiftly to prevent the taking of the money out of the country. “The situation continues to worsen. The Government and the National Bank do not have solutions. The central bank suggests such measures as capitalization or liquidation of the banks. At least 15 billion lei is needed for liquidation,” stated the Socialist leader.
The Socialists suggested that the information contained in the official report of the commission of inquiry, which was examined in Parliament behind closed doors, should be made public. The PSRM also demands dismissing and investigating the administration of the National Bank and holding accountable the responsible employees of the National Anticorruption Center and the Prosecutor General’s Office as well as the administration of Banca de Economii, Banca Sociala and Unibank and confiscating their assets inside and outside the country. The Socialists consider that the three banks must be nationalized and the 10 billion lei must be converted into shares as the state will thus become a majority shareholder and will be able to bring things in the system in order.
