Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. NYT: Romanian Ex-Minister Suspected of Accepting Renoir as...

NYT: Romanian Ex-Minister Suspected of Accepting Renoir as Bribe

March 28, 2015

BUCHAREST, Romania — Prosecutors detained Romania's previous finance minister Wednesday on suspicion that he took bribes, including gold bars and a painting by French Impressionist Auguste Renoir, when he was mayor of a southern town.

Prosecutors said Darius Valcov had hidden the painting, three kilograms (6.6 pounds) of gold and stashes of cash worth $410,000 in a friend's safe from 2011.

He was detained for 24 hours.

Valcov resigned as finance minister on March 15 after prosecutors charged him with taking 2 million euros ($2.1 million) in bribes when he was mayor. He denies wrongdoing.

In another development Wednesday, a parliamentary vote ruled against lifting the immunity of a Romanian senator from the ruling party who prosecutors say is suspected of corruption.

Senators voted 79-67 in favor of lifting the immunity of Dan Sova, a former transportation minister, but fell short of the 85 votes required.

The vote was criticized by the U.S., British and Dutch embassies in Romania who said the legislature should not prevent anti-corruption probes.

Prosecutors want to arrest Sova on suspicion that as a senator he illegally earned 3.5 million lei ($870,000) as a lawyer in the privatization of several electricity companies in his constituency and destroyed computer files to cover his tracks. He denies wrongdoing.

After the vote, Sova left leadership positions he has held in the ruling Social Democratic Party.

Prosecutors in Romania have launched a series of high-level corruption investigations in the past year.

The text of this article has been partially taken from the publication:
Read in full - click here
Cencora Romania, a leading organization in the field of global pharmaceutical solutions, is relocating to One Cotroceni Park, the most modern business ecosystem in Bucharest

One United Properties, the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the signing of a new lease agreement for the relocation of Cencora Romania’s headquarters within One Cotroceni Park, the most modern business ecosystem in Bucharest. Cencora is a global leader in pharmaceutical solutions, dedicated to improving […]

Maidan invests €1.2 million in expanding its production capacity and launches PIUA, its own ready-to-eat product line

The investment includes the modernization of the production unit in Crevedia and the launch of PIUA, Maidan’s first premium spreadable product range, responding to the growing demand in the ready-to-eat market. Maidan, a company active in corporate and private event catering, industrial catering and the development of its own gastronomic products, announces a total investment […]

Cencora Romania, a leading organization in the field of global pharmaceutical solutions, is relocating to One Cotroceni Park, the most modern business ecosystem in Bucharest

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the signing of a new lease agreement for the relocation of Cencora Romania’s headquarters within One Cotroceni Park, the most modern business ecosystem in Bucharest. Cencora is a global leader in pharmaceutical solutions, dedicated […]

Balancing Buyer Protection and Developer Adjustment | North Bucharest Investments’ View on an Evolving Real Estate Market

Unanimously adopted, the Nordis Law marks a decisive moment for Romania’s residential market. It introduces a set of rules designed to protect buyers, hold developers accountable, and reduce speculative risks, with a strong focus on transparency and stability. Under the new legislation, the reservation fee cannot exceed 5% of the property value, reservation contracts cannot […]

Planned trail to cover Romania's Dobrogea region

Via Dobrogeana, a planned trail covering the southeastern part of the country, aims to offer travelers the opportunity to explore the region's cultural and ethnic diversity. The trail will be about 850 km long, stretching from the 17th-century Sfânta Precista Monastery in Galați to Ialomița County. Via Dobrogeana will be a mixed route. In addition […]

Police detain 19 individuals in sexual exploitation case in Romania, Italy

Police and prosecutors carried out 25 searches in Romania and Italy on Tuesday, November 18, aiming to dismantle a group made up of four families, who allegedly sexually exploited, mainly in Italy, more than 30 victims.  After the searches, 19 people were detained, and two others were placed under judicial control for forming an organized […]