As of March 27, the number of refugees fleeing Ukraine since the Russian invasion started reached nearly 3.9 million. Most of the refugees — mainly women and children — are now in neighboring Poland, Romania, Moldova, Belarus, Slovakia, and Hungary.… Continue Reading
Posts Tagged: Romania
Elbit Imaging LTD. agreed Friday to pay $500,000 to settle violations of the FCPA books and records and the internal controls provisions.
Israel-based Elbit and its subsidiary, Plaza Centers NV, paid millions of dollars to third-party offshore consultants and a sales agent “for services,” without knowing if the services were ever provided.… Continue Reading
Prosecutors in Romania Thursday formally indicted the current prime minister on charges of money laundering, tax evasion, and conflict of interest.
On Sunday night the mayor of the Romanian capital of Bucharest, Sorin Oprescu, was arrested for taking a bribe of €25,000 ($28,000). His preventive detention will last thirty days.
Oprescu, 63, pictured left, is serving his second term as Bucharest mayor.… Continue Reading
A former Romanian tourism minister and presidential candidate was taken into custody this week by anti-graft police on suspicion of money laundering and influence peddling.
Elena Udrea finished fourth in November’s presidential election.… Continue Reading
Since the start of the Ukraine crisis, NATO Secretary General Anders Fogh Rasmussen has called on NATO countries to increase defense spending. Poland has announced plans to accelerate a major military modernization program.… Continue Reading
Prosecutors in Munich confirmed Wednesday that Airbus is under investigation for bribery connected with border security contracts in Romania and Saudi Arabia.
Several employees of Airbus Defence and Space, formerly EADS, are the targets of the investigation.… Continue Reading
Romania’s parliament Monday voted to remove immunity from a former minister targeted in an investigation involving alleged bribes and kickbacks from re-sellers of Microsoft software.… Continue Reading
Anti-bribery investigations and enforcement actions involving international mining projects are breaking out all over.
In April, the U.S. DOJ charged six foreign nationals, including a Ukrainian businessman and a government official in India, with an alleged racketeering conspiracy to bribe officials in India to gain titanium mining rights.… Continue Reading
Romania’s parliament asked President Traian Basescu to step down on Wednesday after his brother was detained for allegedly accepting a bribe to help shorten a reputed crime boss’s jail sentence.… Continue Reading
The Romanian National Anticorruption Directorate arrested businessman Dan Adamescu Friday, charging him with bribing judges to rule in his favor in court cases.
Prosecutors from the anticorruption agency said Adamescu instructed his lawyer and others to pay bribes of 20,000 euros ($27,200) to two judges in December 2013 who were presiding over several insolvency cases involving his companies.… Continue Reading
Norway’s anti-corruption agency has filed criminal charges against defense and technology firm Kongsberg Gruppen, the company said Tuesday.
The charges are related to deliveries of communication equipment to Romania from 1999 to 2008, the company said.… Continue Reading