Led by Laura Codru?a Kovesi, the European Public Prosecutor’s Office (EPPO) announced on Thursday that 38 searches have been conducted in Romania as part of two investigations into an alleged €15 million fraud. The investigations also span Cyprus, the Czech Republic, Malta, Monaco, and the United States. The cases revolve around six EU-funded IT projects for the development of innovative software solutions, with the offenses being fraud and money laundering. The European Anti-Fraud Office (OLAF) has opened supplementary investigations related to the same acts. The searches in Romania were conducted on Tuesday in various areas, including Bucharest, Ploiesti, Cluj, and Ialomi?a, as stated in a press release issued by EPPO on Thursday. Additionally, judicial proceedings took place in Cyprus, the Czech Republic, Malta, Monaco, and the United States through international cooperation. Six EU-funded IT projects aimed at developing innovative software solutions are the focus of these investigations. EPPO reports that between 2019 and 2022, project beneficiaries submitted false or inaccurate documents related to services, including overpriced services that were never provided, as well as fraudulent invoices for the acquisition of goods. As a result, they obtained unjustified funds from the EU budget amounting to at least €15 million. The beneficiaries are suspected of subsequently creating fraudulent domestic and international financial circuits to divert the funds for their own benefit, according to the European Public Prosecutor’s Office. Some of the individuals targeted by the investigation were brought to EPPO’s office in Bucharest to be informed of their suspect status, while others will be brought in the following days. The offenses under investigation could constitute crimes of fraud and money laundering. The European Anti-Fraud Office (OLAF) has initiated complementary investigations into the same offenses, as indicated by EPPO.
Prince Paul Phillippe of Romania, one of the country's notorious fugitives, was captured in Malta at a resort where he was on vacation. Paul of Romania has been on the run for nearly four years from the country, where he was sentenced to 3 years and 4 months in prison in the case regarding the […]
Hobița, the village of famous Romanian sculptor Constantin Brâncuși, is at the center of a new temporary exhibition at Art Safari in Bucharest, which opens on Wednesday, May 1, and will be on display until May 19. Art Safari also offers a family program during the Labor Day & Orthodox Easter mini-holiday, open daily from 12:00 […]
The first section of the Transapuseana, a road that crosses Romania's Apuseni Mountains, was recently inaugurated. The section consists of 43 kilometers of county road. The road (DJ 107I), initially known as the 'Transalpina of the Apuseni,' was later renamed Transapuseana. It is the largest investment on a county road in Romania, with a total […]
According to a report from Romania’s National Institute of Statistics, during the period 2020-2022, the proportion of Romanian companies that introduced new or improved products or business processes into the market was 8.8%, a decrease of 1.9% compared to 2018-2020. Business innovation refers to the wide range of activities that enterprises...
SD Worx, a leading European HR and payroll solutions provider, said that it completed the acquisition of Romanian Software SRL, the market leader in Romania for payroll and Human Capital Management (HCM) solutions. Romania thus becomes the 18th European country in which SD Worx has its own proprietary payroll & HR software. SD Worx announced […]
The Holy Light will be brought from Jerusalem to Bucharest on the evening of Saturday, May 4, and then distributed to other areas of the country, according to a press release published by Basilica.ro. Moreover, a delegate of the Metropolis of Moldavia and Bucovina will take the Holy Light from Bucharest to Chisinau, in the […]
