Romania: Romanian media owners questioned for bank fraud, money laundering
Prosecutors of the Directorate for Investigating Organized Crime and Terrorism (DIICOT) questioned on Friday, May 15, Romanian media mogul Adrian Sarbu and former liberal senator and media owner Sorin Rosca Stanescu in a case of bank fraud.
The two were brought at the DIICOT headquarters, under charges of fraud and money laundering, after they took loans from a BRD banking unit which they didn’t repay.
A former BRD vice president, Sorin Popa, allegedly helped them get the loans under favorable terms, as VIP clients, even if they didn’t meet the bank’s conditions to become VIP clients.
The original article can be found at www.romania-insider.com
