Romania: Romanian court sentences former finance minister to jail for graft

A Romanian court sentenced former finance minister Darius Valcov to six-and-a-half years’ jail on Tuesday for taking a bribe and peddling influence in awarding public works contracts in one of the European Union’s most corrupt countries.

Valcov, 43, who had also been an economic adviser to the cabinet and authored many of the then ruling Social Democrat party’s controversial tax cuts and price caps, has denied wrongdoing.

The verdict is not final, pending his appeal.

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(Picture: FCCED)

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