Local IT company Asesoft International, which is controlled by Romanian MP and businessman Sebastian Ghita, became insolvent.

Ghita has been charged for influence peddling, tax evasion, money laundering, abetting the use of EU funds, and corruption of voters.

Until February 2011, Ghita owned a majority stake in Asesoft. He later ceased his shares to the offshore company Minasee Holdings LTD Cipru. According to the Anticorruption National Directorate DNA, Ghita holds a 100% stake in the offshore company.

Asesoft posted last year a turnover of EUR 25 million and losses of almost EUR 500,000. The company had 80 employees, reports local Capital.ro.

The company which has asked for the insolvency of Asesoft International is Transas Marine International Ab, based in Sweden.

According to prosecutors, Ghita formed a group which involved 53 companies and 24 people that ran huge amounts of money and damaged the state, through the contracts closed including with the Special Telecommunication Services (STS) and Romania’s Ministry of Foreign Affairs.

Teamnet, another company founded by Ghita, recently won a EUR 5.4 million contract with STS.

editor@romania-insider.com