The Anticorruption Prosecutor's Office announces the closure of the penal action against five former members of the Credit Commitee of "Banca de Economii" JS, accused of violating the rules of credit arrangements prejudiced the financial institution.
The investigation detected that the former president and the members of the commitee gave out incorrect loans to three firms at amount of 244 mln lei. According to the law the Credit Committee was required to cancel the loans and immediately recover the funds, but the suspects didn’t take any steps and damaged the bank.
In total The Anticorruption Prosecutor’s Office sent to the court 10 criminal cases accusing the bank clerks of incorrect credits. At the moment the former president of the Committee is prisoned and his accomplices are free.
In order to indemnify for the damage caused to the bank the assets of the accused were extracted.
The legislation prescribes fine or imprisonment up to 6 years with the deprivation of the right to occupy certain positions or to practice certain activities for up to 5 years for these crimes.
The prosecution of another cases of incorrect loans in the bank continues.