Romanian central bank deputy governor gets 30-days house arrest

01 August 2016

Romania’s High Court ruled 30-days house arrest for Romania’s National Bank (BNR) deputy governor Bogdan Olteanu. The court’s decision is enforceable but not final.

During the house arrest period, Olteanu will not be allowed to leave his house in Snagov, except for when the prosecutors call him for further hearings. His lawyer said that the deputy governor would announce his resignation from the BNR board today.

Olteanu was detained by the anti-corruption prosecutors on Thursday night after several hours of hearings. He was charged with influence peddling. According to prosecutors, Olteanu received EUR 1 million from the Romanian investor Sorin Ovidiu Vintu to use his influence in the Government to appoint former journalist Liviu Mihaiu as governor of the Danube Delta in Romania, in 2008. Vintu had economic interests in the area. Bogdan Olteanu was president of the Chamber of Deputies at that time.

What’s behind the corruption case of the moment in Romania: EUR 1 mln bribe for control over Danube Delta

editor@romania-insider.com

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Romanian central bank deputy governor gets 30-days house arrest

01 August 2016

Romania’s High Court ruled 30-days house arrest for Romania’s National Bank (BNR) deputy governor Bogdan Olteanu. The court’s decision is enforceable but not final.

During the house arrest period, Olteanu will not be allowed to leave his house in Snagov, except for when the prosecutors call him for further hearings. His lawyer said that the deputy governor would announce his resignation from the BNR board today.

Olteanu was detained by the anti-corruption prosecutors on Thursday night after several hours of hearings. He was charged with influence peddling. According to prosecutors, Olteanu received EUR 1 million from the Romanian investor Sorin Ovidiu Vintu to use his influence in the Government to appoint former journalist Liviu Mihaiu as governor of the Danube Delta in Romania, in 2008. Vintu had economic interests in the area. Bogdan Olteanu was president of the Chamber of Deputies at that time.

What’s behind the corruption case of the moment in Romania: EUR 1 mln bribe for control over Danube Delta

editor@romania-insider.com

Normal

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