An ex-MP was arrested on suspicion of involvement in the banking frauds committed at Banca de Economii, Banca Sociala and Unibank. According to the National Anticorruption Center, this, together with three representatives of a company, are suspected of money laundering that resulted in considerable damage to the three banks, IPN reports.
The former MP, being the manager and effective beneficiary of the companies Toast Delux SRL and IPA International Project Agency, laundered the money embezzled from the banking system together with other persons.
A number of offshore companies, based on fictitious contracts for the provision of consultancy services, transferred US$440,000 to the non-resident company IPA International Project Agency, with accounts opened in Liechtenstein. Tracing the money, it was determined that this came from toxic loans obtained from the three aforementioned banks in 2012-2014.
It was also established that in 2013, Toast Delux SRL raised a loan of millions of lei from Unibank. The money was converted and transferred to a non-resident company through the agency of a group of firms. Ultimately, over US$400,000 reached the accounts of Rouseau Alliance LP.
The offense carries a penalty of up to ten years in jail. The former MP is now also investigated for violating the legal property declaration regime given that he didn’t indicate that he is the owner of a company that was allegedly involved in the banking frauds.
The press reported that this is Kirill Luchinski.
