The Anticorruption Prosecutor’s Office said the investigation into the money laundering case involving the de factor manager of the companies “Caravita Co” SRL and SRL “Business Estate Investments” Ion Rusu was completed and the criminal case was sent to court, IPN reports.

In a communique, the Prosecutor General’s Office says that the accused, intending to hide the real origin of €2.8 million that was fraudulently obtained from Banca de Economii through loans provided to the companies he managed and with the involvement of officials of the banks, resorted to fictitious transactions so as to repay the loans.

The accused is now under arrest. He faces up to ten years in jail. His accomplices are investigated in a separate case. These will also be brought to justice soon.

Last week, the court decided to extend the arrest warrant against Ion Rusu for 20 days and that against the second manager of “Caravita” Igor Chijov for 30 days. This week, the court is to make a decision about the company’s founder Vladimir Rusu, who is now under house arrest. The company’s financial director Tatiana Rosioru is also under arrest.

The four persons from the administration of “Caravita” were arrested in July on suspicion of money laundering as a result of which Banca de Economii sustained considerable damage.