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Trial Of Former Romanian Ministers Seres, Nagy Starts May 11 At Supreme Court

The trial in which Romania’s former economy minister Codrut Seres and former communications minister Zsolt Nagy are accused of organized crime along four others in a file concerning strategic privatizations will start on May 11 at the High Court of Justice.
Trial Of Former Romanian Ministers Seres, Nagy Starts May 11 At Supreme Court
30 mart. 2009, 16:00, English

Prosecutors of the Department Investigating Organized Crime and Terrorism (DIICOT) indicted the two former ministers along Gabor Kerekes, Mircea Calin Flore (senior director of CSFB Europe Ltd. London), Czech citizen Michal Susak and Turkish citizen Mustafa Oral.

Prosecutors said that, between May 30, 2005 and November 21, 2006, the defendants were part of a criminal group that also included Vadim Benyatov, Stamen Stanchev, Dorinel Mihai Mucea and Mihai Radu Donciu.

Former minster Seres is accused of treason by leaking classified information and Susak and Flore are also accused of accessory to espionage.

The six were indicted regarding the privatization of Romanian power distributor S.C. Electrica Muntenia Sud, the sale of an 8% stake in the country’s dominant oil and gas company, privatization/restructuring processes at the country’s airliner S.C. Romaero S.A., aircraft maker Avioane Craiova, telecom operator Romtelecom and postal company Posta Romana.