embezzlement

The chairman of the League of Romanian Farmers’ Associations (LAPAR), Laurentiu Baciu, was place under judicial supervision for 60 days on Tuesday in a case where he is accused of embezzling association funds, judicial sources told MEDIAFAX.

Two former managers of Romanian oil company Petromservice have been indicted for embezzlement, along with three other people charged with money laundering, the five having caused damage to the company worth more than EUR8.5 million, according to prosecutors.

Romanian Mihai Necolaiciuc, wanted for embezzlement, was brought to Romania from the United States under police escort on Wednesday.

Romanian organized crime prosecutors Tuesday started criminal investigations against nine people accused of having defrauded press distribution firm Rodipet of EUR35.5 million, after it was privatized.

Syrian terrorism convict Omar Hayssam and associates Quasin Esse and Mohamad Omar were sentenced Tuesday by the Court of Bucharest to 16 and 14 years in prison, respectively, for embezzling several leasing companies in a case concerning forged export documentation for Volvo tractor heads.

The former general manager of the Romanian National Railroad Company (CNCFR), Mihai Necolaiciuc, was detained by the FBI in the United States of America, for illegal stay, said Bujor Florescu, head of the Criminal investigations Department within the Romanian General Police Inspectorate.